387-389 Main StreetMedford, MA 02155MLS Number 73293100

  • Sale Price: $1,030,000
  • 58 Days Since Sale
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Federal 30-year interest rate: 6.81% last updated on Apr 24, 2025
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387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155387-389 Main Street Medford MA 02155
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  • 5Bedrooms
  • 0.11Acreage
  • 3Bathrooms
  • 1890Year Built
This rare and versatile property offers endless opportunities for investors and business owners alike. Perfectly positioned less than a mile from the Tufts Green Line stop and Route 93, this prime location has unparalleled access to local amenities, public transportation, and major highways. The office provides the flexibility to either operate your business or lease out the space for additional income. It has an open plan and includes an additional private meeting room with a convenient half bathroom. Both residential units have large eat in kitchens and a living room. The first residential unit features single level living with 2 beds and 1 bath and the second unit has 3 beds and 1 bath. Whether you're looking to supplement your business with rental income or expand your investment portfolio, this is the perfect property to achieve your goals. Property is zoned C-1 and allows for a variety of uses and opportunities.
Listed by Steve McKenna & The Home Advantage Team of Gibson Sotheby's International Realty

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Lot Features Level
  • Mls StatusSold
  • Parcel Number M:V09 B:0038
  • Rent Includes Unit 1(Water), Unit 2(Water)

Basic Information

  • List Price$1,100,000
  • MLS Number73293100
  • Modification Date02/28/2025
  • Property SubTypeMulti Family
  • Purchase Contract Date01/13/2025
  • Sale Date02/28/2025
  • Sale Price$1,030,000

Property

  • Acreage0.11

Exterior

  • Exterior Features Rain Gutters
  • RoofShingle, Rubber

Utilities

  • Electric 220 Volts, Circuit Breakers
  • Heat SystemYes
  • Heating Baseboard, Natural Gas, Forced Air
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
  • Appliances IncludedWasher, Dryer, Range, Dishwasher, Refrigerator
  • Other AmenitiesBasement

Tax Information

  • Tax Assessed Value $750,500
  • Tax Year 2024
  • Taxes$6,394

Parking

  • Open Parking YN Yes
  • Parking Features Shared Driveway, Off Street, Paved
  • Parking Spaces5

Location

  • Address387-389 Main Street
  • Building Number387-389
  • CountyMiddlesex
  • StateMA
  • StreetMain Street
  • TownMedford
  • Zip02155

Interior

  • Flooring Wood, Tile, Hardwood, Parquet, Carpet
  • Interior Features Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den

Property Information

  • Building Area Source Public Records
  • Living Area 3,024
  • Lot Size Square Feet 4,843
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet3,024

Other

  • Date Listed09/20/2024
  • Farm Land Area Units Square Feet
  • View Count22

School Information

  • Elementary SchoolMissituk
  • High SchoolMedford
  • High School Medford High
  • Junior HighMcglynn/Andrews

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 2.5
  • Bedrooms5
  • Full Bath2
  • Half Baths1

Building

  • BasementFull, Interior Entry, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame, Brick
  • FoundationStone, Brick/Mortar
  • Levels 3
  • Patio And Porch Features Patio
  • Rooms11
  • Stories3
  • Units2
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup
  • Year Built1890
  • Year Built Details Actual
  • Year Built Source Public Records
Listed by Steve McKenna & The Home Advantage Team of Gibson Sotheby's International Realty

Listing Sold by Coldwell Banker Realty - Lexington

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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