31 Wareham St new Save Request In-Person Tour Request Virtual Tour
Medford,MA 02155
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,212 sqft
Price per Sqft $529
MLS Listing ID 73434734
Bedrooms 6
Full Baths 5
Year Built 1921
Annual Tax Amount $11,151
Tax Year 2025
Lot Size 9,583 Sqft
Property Sub-Type 4 Family
Property Description
Stunning Tufts University residence situated on the Medford/Somerville Line. A sturdy 4-family building, complemented by a 3-car garage with off-street parking, awaits its new owner. This property has been cherished by a family for over 75 years.This home comprises 3, one-bedroom units plus a chic, remodeled 2-bedroom, 2-full-bath apartment. Its prime location is a significant draw, offering easy access to the New MBTA Ball Square Green Line T station, Tufts U, and the Trendy shops and restaurants of Medford, Ball Square & Davis Square, Somerville.This FULLY RENTED, stabilized asset presents substantial upside potential. It also holds the possibility for a condo conversion. Recent improvements in 2025 include a newly paved driveway valued at over $20K and new vinyl fencing. Located in a high-demand area with a proven rental history, this property offers a unique opportunity to possibly capitalize on the 100% Bonus Depreciation available under the new tax laws with a cost seg study.
Location
State MA
County Middlesex
Area Tufts University
Zoning GR
Interior
Heating Baseboard,Oil,Common,Unit Control
Cooling None,Wall Unit(s)
Flooring Varies,Hardwood,Tile
Exterior
Exterior Feature Rain Gutters
Garage Spaces 3.0
Fence Fenced/Enclosed,Fenced
Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,T-Station,University,Sidewalks
Utilities Available Varies per Unit
Roof Type Shingle
Building
Lot Description Level
Story 4
Foundation Brick/Mortar,Irregular
Sewer Public Sewer
Water Public
Schools
Elementary Schools Ask City
Middle Schools Ask City
High Schools Medford High
Others
Acceptable Financing Contract
Listing Terms Contract