297 Main St #3, Medford, MA 02155
297 Main St #3, Medford, MA 02155
297 Main St #3, Medford, MA 02155
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$368,000
Est. payment /mo
1 Bed
1 Bath
596 SqFt
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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 596 sqft

Price per Sqft $617

MLS Listing ID 73491586

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


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Listed by Gibson Sotheby's International Realty

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Boris Kusturic

Boris Kusturic

+1(631) 633-0347

Agent | License ID: 9553030

Agent License ID: 9553030

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