Ellen Meyers Of Coldwell Banker Brokers $1.2M Medford, MA Multifamily Sale

A two-family home in Medford, MA, sold for $1,200,000, offering 6 bedrooms, 2 bathrooms, and potential income opportunities from both apartment rentals and garage storage rentals. Located near Tufts University, this property presents a lucrative investment option, benefiting from high demand for rental properties in proximity to educational institutions and convenient access to shops, restaurants, and public transportation. The property spans a total of 2,605 square feet and was sold at a price per unit of $600,000, with a price per square foot of $461.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $1,200,000
• Units: 2
• Square Footage: 2,605
• Price per Unit: $600,000
• Price per Square Foot: $461
• Address: 11 Dearborn Street, Medford, MA
• Market: Medford, MA
• Broker: Ellen Meyers - Coldwell Banker

The deal was brokered by Ellen Meyers from Coldwell Banker, facilitating the transaction of this multifamily property in Medford, MA.