Three-Family Multifamily Property At 17-19 Canal Street Medford Sold For $1.15 Million

A large Mansard-style 3-family property located at 17-19 Canal Street in Medford, MA, has been sold for $1.15 million. This multifamily asset, built in 1910, encompasses a total area of 3,024 square feet, and includes 5 bedrooms and 3 bathrooms. Each of the three units is equipped with separate heating, hot water, and electric systems.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,150,000
• Units: 3
• Price Per Unit: $383,333
• Square Footage: 3,024
• Price Per Square Foot: $380
• Date of Sale: 06/26/2024
• Broker: Ramsay Fretz - Leading Edge Real Estate

Ramsay Fretz of Leading Edge Real Estate represented the transaction in this deal, overseeing the sale process and facilitating the exchange between the involved parties.