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
Acres 0.22
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
Direction Main St - Wareham St (One Way) - On the Medford/Somerville Line near Tufts U. Please park on street.
Rooms
Basement Full,Interior Entry,Sump Pump,Concrete,Unfinished
Interior
Interior Features Laundry Room,Bathroom With Tub & Shower,Internet Available - Unknown,Ceiling Fan(s),Stone/Granite/Solid Counters,Upgraded Cabinets,Open Floorplan,Remodeled,Living Room,Kitchen
Heating Baseboard,Oil,Common,Unit Control
Cooling None,Wall Unit(s)
Flooring Varies,Hardwood,Tile
Appliance Washer,Dryer,Range,Refrigerator,Dishwasher,Microwave
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
Total Parking Spaces 7
Garage Yes
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
Senior Community false
Acceptable Financing Contract
Listing Terms Contract