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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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38-40 Cherry St , Medford, MA 02155
$1,200,000
Est. Payment: $2,666.67/mo
6 Bed
2 Bath
2630 Sqft
Status: Active | Days on site: 93
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B99777 - CN219439
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Meticulously maintained Medford 2-family with lots of updates by the current owner that still offers an opportunity for upside improvements. Both units have had regular updates, including recently refinished hardwood floors, regular paint updates, and updated kitchens and baths. Both units are currently rented under leases, making it a great investment property with an opportunity for future owner-occupancy. The walk-up heated attic provides a great opportunity for expanding the 2nd-floor unit. Electric was updated to 200amp, boilers were done in the early 2000s, and water heaters were recently replaced. The roof was done in 2008. Full basement waterproofing just completed. Mini splits were added to unit 2 in 2020, and 1st floor windows have just been updated.
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Highlights

Listed by Jamie Thompson , 781-307-7395 Thompson Realty , 781-395-1616.

Property Type

Multi-Family
Lot/Acreage
0.09

Year Built

1920

County

Middlesex

Listing ID

73536452

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Range, Dishwasher, Microwave, Refrigerator
Floor:Wood,Tile
Other:
  • ▪ Additional:Living Room, Dining Room, Kitchen
Water:Public

Exterior Features

Lot:Level
Garage Capacity:2
Zoning:GR
Roof:Shingle
Others:
  • ▪ Additional:Rain Gutters, Garden
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Tandem,Parking Spaces: 2
Principal Interest
$2,667
Taxes
$764

Home Price

$1,200,000

Loan Details

30 yrs
%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,666.67 $764.42 $0.00 $3,431.08
Yearly $32,000.00 $9,173.00 $0.00 $41,173.00
Total $960,000.00 $275,190.00 $0.00 $1,235,190.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Medford, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.