$335,000
$339,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
297 Main St #3 Medford, MA 02155
1 Bed
1 Bath
596 SqFt
Key Details
Sold Price $335,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 596 sqft
Price per Sqft $562
MLS Listing ID 73491586
Sold Date 10/09/26
Bedrooms 1
Full Baths 1
HOA Fees $324/mo
Year Built 1971
Annual Tax Amount $2,560
Tax Year 2025
Property Sub-Type Condominium
Property Description
Investor-ready opportunity in a prime Medford location. Including parking, a key advantage for long-term tenant appeal and value. Fully leased at $2,120/month through 5/31/27, this well-maintained 1 bed condo delivers immediate cash flow with a strong rental history and attractive cap rate in a solid brick building. The unit offers an open, flexible layout with high ceilings, an updated kitchen with newer appliances, and generous storage both in-unit and additional. Comfortable room sizes and a clean, well-kept interior create strong rental appeal. Laundry conveniently located across the hall. Positioned near Medford Center, Tufts, Davis Square, shopping, restaurants, and major commuter routes into Boston. Clean, turnkey asset that fits seamlessly into a 1031 exchange or long-term hold strategy with proven, consistent performance.
Location
State MA
County Middlesex
Zoning res
Direction MA-16 W/Mystic Valley Pkwy, Take the Main St ramp to Medford. Turn left onto Main St.
Rooms
Basement N
Primary Bedroom Level First
Interior
Heating Electric
Cooling Window Unit(s)
Flooring Tile, Laminate
Appliance Range, Dishwasher, Disposal, Refrigerator
Laundry First Floor, Common Area, In Building
Exterior
Community Features Public Transportation, Shopping, T-Station, University
Utilities Available for Electric Range
Total Parking Spaces 1
Garage No
Building
Story 1
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less
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