433 Medford, Somerville MA 02145 – 8 bed 4 bath For Sale – 73325651
Overview
- Updated On:
- March 12, 2025
-
- 73325651
- 8 Bedrooms
- 3 Bathrooms
- 0 Garage Spaces
- 0 Non-Garage Parking Spaces
- 1900
Description
Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!
This property is listed by Zachary Conley from NextGen Realty, Inc.
Property Listing Details
Overview
| MLS Status | Pending |
|---|---|
| Price | $ 1,500,000 |
| Living Area | 5,318.00 ft2 |
| Bedrooms | 8 |
| Total Rooms | 18 |
|---|---|
| Listing MLS ID | 73325651 |
| Days on Market | 57 |
| Bathrooms | 3 |
Unit Information
| Bedrooms | 8 |
|---|---|
| Full Bathrooms | 2 |
| Half Bathrooms | 2 |
| Cooling | |
| Heating | |
| Uncovered Parking | 0 |
| Garage Parking | 0 |
| Water View | No |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Full |
| Patio And Porch Features | Porch,Enclosed |
| Parking Features | Other |
| Waterview Features | |
| Flooring | Wood |
Building Information
| Building Name | |
|---|---|
| Units in Building | 4 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | |
| Association Fee Includes | |
| Construction Materials | Frame |
| Year Built | 1900 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Full |
| Roof | Shingle |
Additional Details
| Community Features | Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,T-Station,University,Other |
|---|---|
| Disclosures | Picture of units were prior to tenants moving in. The information provided herein is deemed to be reliable,but Buyer and/or Buyer's Agent are responsible for verifying all information to their satisfaction as part of their due diligence. |
| Last Updated | 2025-03-12T04:14:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | 754758 |
| Original List Price | 1500000 |
| Listing Office | nextgen realty, inc. |
| Tax Annual Amount | 0 |
|---|---|
| Tax Assessed Value | 1418300 |
| Tax Book Number | 76910 |
| Tax Year | 2024 |
| Year Built Details | Approximate |
| Year Built Source | Public Records |
| Zoning | Mixed use |
| Listing Agent | zachary conley |
Property Address
Amenities and Features
Payment Calculator
- Principal and Interest
- Property Tax
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Map
What's Nearby
Food
Highland Kitchen
(0.33 miles)
Sarma
(0.39 miles)
La Posada Restaurant & Tequila Bar
(0.3 miles)
Himalayan Kitchen
(0.77 miles)
Tall Order
(1.13 miles)
Health & Medical
CHA Somerville Campus
(0.46 miles)
KenkoDo Clinic
(0.85 miles)
Rebalance Bodywork and Massage
(1.08 miles)Thai Therapy by Mary
(0.54 miles)CHA Primary Care, Somerville Campus
(0.47 miles)
Shopping
Assembly Row
(1.09 miles)
We Thieves
(1.3 miles)
Faneuil Hall Marketplace
(3.26 miles)
Boston Public Market
(3.06 miles)High Energy Vintage
(0.73 miles)
Schedule a tour
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433 Medford, Somerville MA 02145 | © 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.
433 Medford, Somerville MA 02145 – 8 bed 4 bath For Sale – 73325651
$ 1,500,000
Status: Pending
433 Medford, Somerville MA 02145, Somerville, , Middlesex 02145
Country: US
Property Overview
MLS #: 73325651
Type: 4 Family /
Action: Residential Income
Year Built: 1900 (Approximate, Source: Public Records, Effective: )
Living Area: 5,318.00 ft2 (Total: 5318 Square Feet, Source: Public Records)
Lot Size: 0.06 ft2 (Area: 0.06 Acres, SqFt: 2584)
Total Rooms: 18
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 8 (Main Level: )
Bathrooms: Total: 3 (Full: 2, Half: 2, Decimal: 3, Main Level: )
Basement: Full
Fireplaces: 0 ()
Flooring: Wood
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials: Frame
Foundation: Other (Area: )
Roof: Shingle
Stories: 7 (7)
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities: for Gas Range
Electric: 110 Volts,Other (See Remarks) (Expense: 0)
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: 0
Parking Features: Other
Pool:
Spa:
Patio/Porch: Porch,Enclosed
Fencing:
Lot Features: Other
View: (, Waterview Y/N: No)
Waterfront:
Road Frontage: Public ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,T-Station,University,Other
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: Mixed use ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!
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: 4
Units Owner Occupied:
Unit 1: Beds: 4, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2800, Lease: N
Unit 2: Beds: 4, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 4000, Lease: N
Unit 3: Beds: 0, Full Baths: 0, Half Baths: 1, Levels: 1, Rent: 1850, Lease: N
Unit 4: Beds: 0, Full Baths: 0, Half Baths: 1, Levels: 1, Rent: 1900, Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 0 (Year: 2024)
Tax Assessed Value: 1418300
Tax Block/Lot/Book/Map: / / 76910 /
Parcel Number: 754758
Special Licenses:
Current Financing:
Gross Income: 128100 (Scheduled: 0)
Net Operating Income: 126600
Operating Expense: (Water/Sewer: , Insurance: )
Financial Data Source: Other (See Remarks)
APOD Available: No
Tenant Pays:
Rent Includes:
Total Actual Rent: 10550
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Zachary Conley (MLS ID: CN204645) / Team: CN251265
Listing Office: NextGen Realty, Inc. (MLS ID: BB9279)
Agent (Property):
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-01-13
Expiration Date: 1900-01-01
Original List Price: 1500000
Price Per SqFt (List): 282.06
Market Time (Property): 57 (Broker: 57, Prev Broker: 0, Prev Property: 0)
MLS Status: Under Agreement
Possession:
Directions: GPS
Disclosures: Picture of units were prior to tenants moving in. The information provided herein is deemed to be reliable,but Buyer and/or Buyer's Agent are responsible for verifying all information to their satisfaction as part of their due diligence., N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency: Pending P&S
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag: 1
Listing Alert: No
Square Feet Disclosures: (Incl. Base: No, Other: )
Master Book/Page: / (Page: 390)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date: 2025-04-30T04:00:00.000Z
Concessions Amount:
Purchase Contract Date: 2025-03-03
Sold vs Rent:
System Information
Property ID: 1606749
Modification Timestamp: 2025-03-12T04:14:00.000Z
Bridge Modification Timestamp: 2025-03-12T04:19:17.964Z
Original Entry Timestamp: 2025-01-13T19:23:00.000Z
Status Change Timestamp: 2025-03-12T04:14:00.000Z
Off Market Date: 2025-03-12
Development Status:
Business Type:
