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35-37 Golden Ave, Medford, MA 02155  

Tufts University
Multi-Family
$994,900
Price
2
Units
2,927
Approx. GLA
Tufts University area two-family! A truly turnkey investment property with a 6% CAP RATE. This nicely updated and well maintained property is perfect for an investor or owner-occupant! BOTH units feature nicely updated kitchens and baths, hardwood floors, built in china cabinets, spacious rooms and enclosed back porches. The 2nd floor unit boasts 2 LEVELS, 3 bedrooms and a long family room/office opening to the living room. The 3rd floor bedroom runs the expanse of the house with access to storage and a large double closet. The 2nd floor also features convenient laundry hookups! Separate heat, hot water & electrical services and both heating systems are Weil-McLain Gold boilers replaced within the last 9 years. Additionally, you'll enjoy a NEW ROOF (2021), 4 car parking, 100 amp panels for each unit and a fenced yard with storage shed. Great location only 1/2 mile to Tufts and short distance to Davis Sq. NO OPEN HOUSES. LIMITED SHOWING BLOCKS STARTING ON THU, 5/5., BOOK AN APPT TODAY!
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Area/Village: Tufts University
Basement Features: Unfinished Basement
List Price: $994,900
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Under Agreement
Beds: 5
Baths: 2
Units: 2
Year Built: 1915
Approx. GLA: 2,927
MLS#: 72975235
 
 
Interior
Basement: Yes
Electric Features: Circuit Breakers, 200 Amps
Heating Units: 2
Heating Zones: 2
Flooring: Tile, Wall to Wall Carpet, Hardwood
Hot Water: Natural Gas, Tank
Rooms: 13
Lead Paint: Yes
Total Floors: 3
Exterior
Water: No
Acres: 0.10
Lot Size: 4,275.00
Lot Description: Paved Drive, Fenced/Enclosed
Foundation: Fieldstone
Parking Spaces: 4
Parking Features: Off-Street
Color: Mint Green
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Dryer, Washer Hookup
Exterior: Vinyl
Exterior Features: Porch - Enclosed, Storage Shed, Fenced Yard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $1,019,800
Taxes: $9,188
Tax Year: 2022
Book/Page: 67134/24
Beach
Beach: No
Expenses
Gross Income: $66,900
Total Rent: $5,575
Net Income: $66,900
Additional
Amenities: Public Transportation, Shopping, Highway Access, Public School, University
Exclusions: Tenants personal property, 2nd flr kitchen island, chest freezer & some attached shelving on 2nd flr
Disclosure Declaration: No
Disclosure: Both units leased until 8/31/2022 but 1st floor unit could be delivered vacant if desired. Electric heat in 2nd floor office and 3rd floor bedroom. Basement tiles may be vinyl asbestos tile (VAT).
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 Yes 1 $2,575
Unit 2 8 3 0 2 1 0 Yes 2 $3,000
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer  Heating:  Steam, Oil  Interior:  Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Hardwood Floors, Ceiling Fans  Rooms:  Living Room, Dining Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range, Dishwasher, Microwave, Refrigerator  Heating:  Steam, Oil, Electric  Interior:  Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Hardwood Floors, Ceiling Fans  Rooms:  Living Room, Dining Room, Kitchen, Family Room, Office/Den 
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The listing office is RE/MAX Andrew Realty Services and the listing agent is Andrew Sarno. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 5/22/2022 10:00:00 PM.
Andrew Sarno, CBR, CRS, GRI, LMC, RCC, SRES
Andrew Sarno, CBR, CRS, GRI, LMC, RCC, SRES
Broker Associate, NOTARY
 
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