Description
Great investment opportunity in the popular Wellington neighborhood of Medford: first time on the market in 75 years! This family-owned 2 unit multifamily is a diamond in the rough, perfect for a savvy investor to rehab for condo conversion, owner occupy or for rental income. Fantastic location under 1/2 mile to Station Landing and Wellington shopping plaza, with easy access to restaurants, shops, supermarkets, parks and walking trails. Near Wellington T station and Assembly Row! First floor has 2 BRs, 1 bath, kitchen, office, & hardwood floors under the carpeting in the living/dining room. 2nd floor has 3 BRs, 1 bath, kitchen, living/dining room, office and access to the unfinished attic. Storage and laundry in the basement. 2 car garage plus 2 more driveway spots. Recent roof (6 years), Unit 1 gas boiler is 10 years old, Unit 2 oil boiler is 5 years old, new gas and water meters. Sold AS IS. Will be delivered vacant. Offers due Wed 12/11 @5pm.
Property Id: 357107
Price: $ 925,000
Property Size: 2,508 ft2
Property Lot Size: 0 ft2
Rooms: 12
Bedrooms: 5
Bathrooms: 2
BathroomsTotalDecimal: 2
BuildingAreaSource: Public Records
BuildingAreaUnits: Square Feet
Basement: Full,Concrete
BathroomsFull: 2
CommunityFeatures: Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Conservation Area,Highway Access,House of Worship,Public School,T-Station
Contingency: Third-Party Approval
BuildingAreaTotal: 2508
Directions: Take Fellsway or Mystic Valley Pkwy to 7th St
Disclosures: Buyer/Agent to do own due diligence. Property sold AS IS. Seller/Agent make no representations. Unit 1 kitchen drain pipe needs replacing,rear exit stairs need repair. Washers/dryer/table saw in basement stay. Probate court approval required for offers. Basement & garage get water during heavy rain
DualVariableCompensationYN: 1
ExpirationDate: 1900-01-01
FarmLandAreaUnits: Square Feet
IDXParticipationYN: 1
ListAgentMlsId: TEAM0134
ListOfficeMlsId: BB3696
ListingAgreement: ER w/Var.Rate Comm.
Cooling: Wall Unit(s)
CoveredSpaces: 2
LotSizeUnits: Acres
MLSPIN_ANT_SOLD_DATE: 2025-01-23T05:00:00.000Z
MLSPIN_APOD_AVAILABLE: No
Electric: Circuit Breakers,100 Amp Service
MLSPIN_COMP_BASED_ON: Compensation Offered but Not in MLS
Flooring: Vinyl,Carpet,Hardwood
FoundationDetails: Block
GarageSpaces: 2
MLSPIN_DISCLOSURE: N
MLSPIN_DPR_Flag: No
MLSPIN_ENTERED_BY: BB805089
MLSPIN_FLRS_1: 1
MLSPIN_FLRS_2: 2
Heating: Natural Gas,Electric,Oil
MLSPIN_LEAD_PAINT: Unknown
MLSPIN_LEASE_1: N
MLSPIN_LEASE_2: N
MLSPIN_LEVELS_1: 1
MLSPIN_LEVELS_2: 1
MLSPIN_LISTING_ALERT: No
MLSPIN_LIST_PRICE_PER_SQFT: 368.82
MLSPIN_MAIN_LO: BB3696
ListingContractDate: 2024-12-05
MLSPIN_MARKET_TIME: 8
ListingId: 73318043
MLSPIN_MARKET_TIME_BROKER: 8
MLSPIN_MARKET_TIME_PROPERTY: 8
LotSizeArea: 0.14
LotSizeSquareFeet: 6000
MLSPIN_OFFLINE_LIST_NO: 3833745
MLSPIN_OH_FLAG: 1
MLSAreaMajor: Wellington
MLSPIN_PAGE: 405
MLSPIN_PRICE_PER_SQFT: 368.82
ParcelNumber: M:T17 B:0009,644114
MLSPIN_SQUARE_FEET_DISCLOSURES: Unfinished attic and basement are not included in living area. Unit 2 office has electric heat.
ParkingFeatures: Paved Drive,Off Street,Paved
MLSPIN_SQUARE_FEET_INCL_BASE: No
MLSPIN_SUB_AGENCY_OFFERED: Yes
MLSPIN_TEAM_MEMBER: BB805089
MLSPIN_VT_FLAG: 1
MlsStatus: Contingent
NumberOfUnitsTotal: 2
OriginalListPrice: 925000
OriginatingSystemID: mlspin
OriginatingSystemKey: mlspin
OriginatingSystemName: MLS Property Information Network
ParkingTotal: 4
PatioAndPorchFeatures: Porch
PhotosCount: 38
PrivateOfficeRemarks: Showings begin at open house Sat 12/7 @ 12-1:30pm. Other two open houses are Sun 12/8 @ 1:45-3pm and a commuter open house Tues 12/10 @ 5:30-6:30pm. Please use attached offer sheet/checklist and email offers to Kathy@GreaterBostonHomeTeam.com as ONE PDF. Please COVER ACCOUNT NUMBERS of deposit check before sending. Offers due Wed 12/11 @ 5pm. Please allow 24 hours for response to all offers. Probate court approval required for offers. Property sold AS IS. Will be delivered vacant. Escrow to be held by seller's attorney. Please make checks payable to "Law Offices of John Mahoney, Esq". Showings at open houses only, 2nd floor is occupied & has a dog.
PurchaseContractDate: 2024-12-11
RoadFrontageType: Public
RoadResponsibility: Public Maintained Road
RoadSurfaceType: Paved
Sewer: Public Sewer
ShowingInstructions: Accompanied Showings,Appointment Required,Email List Agent,Showings At Open Houses Only, 2nd Floor Is Occupied & Has A Dog.
StateOrProvince: MA
StoriesTotal: 3
StreetName: 7th St
StreetNumber: 38
StreetNumberNumeric: 38
TaxAnnualAmount: 6990
TaxAssessedValue: 820400
TaxBookNumber: 76694
TaxYear: 2024
Utilities: for Gas Range,for Electric Range,Varies per Unit
WaterSource: Public
YearBuiltDetails: Approximate
YearBuiltSource: Public Records
Zoning: RES
YearBuilt: 1928
Office Name: greater boston home buying
Member Name: greater boston home team
Other Features
Dining Room
Has Cooling System
Has Garage
Has Heating System
Kitchen
Living RM/Dining RM Combo
Living Room
Mudroom
Office/Den
Open Parking
Range
Refrigerator
$ 4,742.66
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 3,586.41
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