387-389 Main St, Medford MA 02155 – 5 bed 3 bath For Sale – 73293100
Overview
- Updated On:
- March 1, 2025
-
- 73293100
- 5 Bedrooms
- 2.5 Bathrooms
- 0 Garage Spaces
- 5 Non-Garage Parking Spaces
- 1890
Description
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.
This property is listed by Steve McKenna & The Home Advantage Team from Gibson Sotheby's International Realty
Property Listing Details
Overview
| MLS Status | Closed |
|---|---|
| Price | $ 1,100,000 |
| Living Area | 3,024.00 ft2 |
| Bedrooms | 5 |
| Total Rooms | 11 |
|---|---|
| Listing MLS ID | 73293100 |
| Days on Market | 115 |
| Bathrooms | 2.5 |
Unit Information
| Bedrooms | 5 |
|---|---|
| Full Bathrooms | 2 |
| Half Bathrooms | 1 |
| Cooling | |
| Heating | Baseboard,Natural Gas,Forced Air |
| Uncovered Parking | 5 |
| Garage Parking | 0 |
| Water View | |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Full,Interior Entry,Concrete,Unfinished |
| Patio And Porch Features | Patio |
| Parking Features | Shared Driveway,Off Street,Paved |
| Waterview Features | |
| Flooring | Wood,Tile,Hardwood,Parquet,Carpet |
Building Information
| Building Name | |
|---|---|
| Units in Building | 2 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | |
| Association Fee Includes | |
| Construction Materials | Frame,Brick |
| Year Built | 1890 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Full,Interior Entry,Concrete,Unfinished |
| Roof | Shingle,Rubber |
Additional Details
| Community Features | Public Transportation,Shopping,Highway Access,Public School,T-Station,University |
|---|---|
| Disclosures | Listing agent is related to seller. Being sold As-Is. Units are vacant. |
| Last Updated | 2025-02-28T21:55:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | M:V09 B:0038 |
| Original List Price | 1195000 |
| Listing Office | gibson sotheby's international realty |
| Tax Annual Amount | 6394.26 |
|---|---|
| Tax Assessed Value | 750500 |
| Tax Book Number | 18654 |
| Tax Year | 2024 |
| Year Built Details | Actual |
| Year Built Source | Public Records |
| Zoning | C-1 |
| Listing Agent | steve mckenna & the home advantage team |
Amenities and Features
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387-389 Main St, Medford MA 02155 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
387-389 Main St, Medford MA 02155 – 5 bed 3 bath For Sale – 73293100
$ 1,100,000
Status: Closed
387-389 Main St, Medford MA 02155, Medford, , Middlesex 02155
Country: US
Property Overview
MLS #: 73293100
Type: Multi Family /
Action: Residential Income
Year Built: 1890 (Actual, Source: Public Records, Effective: )
Living Area: 3,024.00 ft2 (Total: 3024 Square Feet, Source: Public Records)
Lot Size: 0.11 ft2 (Area: 0.11 Acres, SqFt: 4843)
Total Rooms: 11
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 5 (Main Level: )
Bathrooms: Total: 2.5 (Full: 2, Half: 1, Decimal: 2.5, Main Level: )
Basement: Full,Interior Entry,Concrete,Unfinished
Fireplaces: 0 ()
Flooring: Wood,Tile,Hardwood,Parquet,Carpet
Laundry: Electric Dryer Hookup,Washer Hookup
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials: Frame,Brick
Foundation: Stone,Brick/Mortar (Area: )
Roof: Shingle,Rubber
Stories: 3 (3)
Common Walls:
Body Type:
Utilities & Green Features
Heating: Baseboard,Natural Gas,Forced Air
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities: for Gas Range,for Electric Dryer,Washer Hookup
Electric: 220 Volts,Circuit Breakers (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 0
Covered Spaces: 0
Parking Total: 5
Parking Features: Shared Driveway,Off Street,Paved
Pool:
Spa:
Patio/Porch: Patio
Fencing:
Lot Features: Level
View: (, Waterview Y/N: )
Waterfront:
Road Frontage: Public ()
Road Surface:
Road Responsibility: Public Maintained Road
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Shopping,Highway Access,Public School,T-Station,University
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: Missituk, M: Mcglynn/Andrews, H: Medford High
Zoning: C-1 ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
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.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 2
Units Owner Occupied:
Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N
Unit 2: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 0, Lease: N
Unit 3: Beds: 0, Full Baths: 0, Half Baths: 1, Levels: , Rent: 0, Lease: N
Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 6394.26 (Year: 2024)
Tax Assessed Value: 750500
Tax Block/Lot/Book/Map: / / 18654 /
Parcel Number: M:V09 B:0038
Special Licenses:
Current Financing: Conv. Fixed
Gross Income: (Scheduled: )
Net Operating Income:
Operating Expense: (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available: No
Tenant Pays:
Rent Includes: Unit 1(Water),Unit 2(Water)
Total Actual Rent: 0
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Steve McKenna & The Home Advantage Team (MLS ID: TM336360) / Team: CN222263
Listing Office: Gibson Sotheby's International Realty (MLS ID: AN6101)
Agent (Property):
Buyer Agent MLS ID: CN207334
Buyer Office MLS ID: AN6216
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-09-20
Expiration Date: 1900-01-01
Original List Price: 1195000
Price Per SqFt (List): 363.76
Market Time (Property): 115 (Broker: 115, Prev Broker: 0, Prev Property: 0)
MLS Status: Sold
Possession:
Directions: Main St between Harvard and Wareham
Disclosures: Listing agent is related to seller. Being sold As-Is. Units are vacant., N
Lead Paint: Unknown
Title 5:
Exclusions: Electric Fireplace On 3rd Floor Is Included.
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: SF is approximate and according to public record (Incl. Base: No, Other: )
Master Book/Page: / (Page: 225)
Sale Information (if applicable)
Close Date: 2025-02-28
Close Price: 1030000
Price Per SqFt (Sold): 340.61
Anticipated Sold Date: 2025-02-27T05:00:00.000Z
Concessions Amount:
Purchase Contract Date: 2025-01-13
Sold vs Rent:
System Information
Property ID: 1604146
Modification Timestamp: 2025-02-28T21:55:00.000Z
Bridge Modification Timestamp: 2025-02-28T21:57:50.539Z
Original Entry Timestamp: 2024-09-20T19:35:00.000Z
Status Change Timestamp: 2025-02-28T21:55:00.000Z
Off Market Date: 2025-01-13
Development Status:
Business Type:
