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Floor Plans
Video
Map
$1,200,000
●
Multifamily -
Off Market
11 Dearborn St
Medford, MA 02155
6 Beds
2 Baths
$6,539
Estimated Monthly
$0
HOA / Fees
6.35%
Cap Rate
About This Property
CASH COW! Not only is this amazing for apartment rentals but buyers
can take advantage of a possible storage rental with the garage!
Seller has rented the 2 car garage as storage in the past! Nestled
in the heart of a prime Tufts University location, this expansive
two-family home has so much to offer! With the demand for rental
properties in proximity to educational institutions, this residence
could serve as a lucrative source of income. The close proximity to
all the shops & restaurants that Medford has to offer is ideal for
any homeowner & having Tufts University across the street is a
landlords dream! Finding renters has never been an issue for this
seller. Steps to the new Green line station will make this the
perfect place for any renter to want to live. Both units have been
newly painted & boast lrg eat in kitchens, sun-splashed living
rooms, gorgeous hardwood floors, & updated bathrooms. A lrg 2 car
garage, off street parking, & lrg backyard makes this the best deal
in Medford
Unit Size
-
Days on Market
69 days
Land Size
0.10 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$651
HOA Dues
-
Year Built
1910
Last updated: 2 months ago (MLSPIN #73197616)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 8, 2024 | Sold | $1,200,000 | |
Sold | |||
Feb 23, 2024 | In contract | - | |
In contract | |||
Jan 30, 2024 | Listed by RE/MAX Andrew Realty Services | $1,199,000 | |
Listed by RE/MAX Andrew Realty Services | |||
Oct 2, 2000 | Sold to Ronald E Downs | $330,000 | |
Sold to Ronald E Downs |
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street
Garage Spaces: 2
Interior Details
Bathroom Information
Full Bathrooms: 2
Interior Information
Interior Features: Living Room, Dining Room, Kitchen
Flooring Type: Wood, Vinyl, Laminate
Room Information
Rooms: 11
Basement Information
Basement: Full, Interior Entry, Unfinished
Exterior Details
Property Information
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Building Information
Stories (Total): 4
Building Area Units: Square Feet
Patio and Porch Features: Porch, Enclosed
Lead Paint: Unknown
Lot Information
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Zoning: RES
Parcel Number: M:O06 B:0055, 640832
Land Information
Water Source: Public
Financial Details
Tax Assessed Value: $903,300
Tax Annual Amount: $7,814
Utilities Details
Utilities: for Gas Range
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, T-Station, University
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
6
Beds
3
Baths
-
$1,075,000
Apr 15, 2021
$1,075,000
Jun 18, 2021
$691/mo
Sold
Multifamily
6
Beds
3
Baths
-
$950,000
Aug 22, 2023
$950,000
Dec 6, 2023
$567/mo
Sold
Multifamily
6
Beds
3
Baths
-
$1,000,000
Apr 22, 2022
$1,000,000
Jun 3, 2022
$659/mo
Sold
Multifamily
6
Beds
2
Baths
-
$1,200,000
Aug 17, 2022
$1,200,000
Oct 18, 2022
$681/mo
Sold
Multifamily
6
Beds
3
Baths
-
$1,155,000
Sep 6, 2023
$1,155,000
Dec 18, 2023
$528/mo
Sold
Multifamily
5
Beds
3
Baths
-
$1,010,000
Aug 25, 2022
$1,010,000
Dec 1, 2022
$587/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/22/2000
|
|
5 Bed
|
-
|
-
|
$349,900
5 Bed
-
|
$330,000
-5.69%
10/02/2000
|
-
|
Marie Andrews
Pegasus Realty LLC
|