Benoit Real Estate

374 Main Street, Medford, MA 02155  

Multi-Family
$2,750,000
Price
5
Units
7,901
Approx. GLA
Opportunity knocks! A highly desirable mixed use building in a great location with 5 units, 3 commercial units and 2 residential units. The building houses a very popular restaurant that will also be included in the sale. Restaurant is a local favorite with a full liquor license that has been operating for almost two decades and also has a strong catering business. All restaurant furnishings, equipment, food/drink inventory will be included in the sale. One residential unit is a large 4 bed/ 2 bath with an amazing rooftop deck. Building has a rubber membrane roof and a parking lot for 8-10 cars in the back of the building. Seller to review all offers May 7th at noon.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Finished
List Price: $2,750,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 6
Baths: 3
Half Baths: 5
Units: 5
Year Built: 1915
Approx. GLA: 7,901
MLS#: 72822934
Interior
Basement: Yes
Flooring: Wood, Tile
Fireplaces: 1
Hot Water: Natural Gas
Rooms: 20
Lead Paint: Unknown
Total Floors: 4
Exterior
Water: No
Acres: 0.08
Lot Size: 3,700.00
Lot Description: Other (See Remarks)
Foundation: Other (See Remarks)
Parking Spaces: 8
Construction: Frame
Roof Material: Rubber
Utility: for Gas Range
Exterior Features: Deck - Roof
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $982,500
Taxes: $9,255
Tax Year: 2021
Book/Page: 36583/33
Beach
Beach: No
Expenses
Gross Income: $75,600
Total Rent: $6,300
Net Income: $75,600
Additional
Amenities: Public Transportation, Tennis Court, Highway Access
Disclosure Declaration: Yes
Disclosure: Residential unit square footage is an estimate only of the total square footage which is reported from public record.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 7 4 0 2 2 0 No 1 $1,700
Unit 2 5 2 0 3 1 0 No 1 $1,200
Unit 3 2 0 0 1 1 Yes 1 $1,800
Unit 4 1 0 0 1 0 1 1 $1,600
Units Extras
Common
Rooms:  Other (See Remarks) 
Map
Area Sales
Similar Listings
The listing office is Benoit Real Estate Group ,LLC and the listing agent is Shane Marrion. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. MLS Property Information Network, Inc. and it's 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. The data was last modified on 12/18/2018 2:44:00 PM.
Loading