Medford 2-family - Prime location abutting a quiet neighborhood, walking trails along Mystic River through the school, easy access to 93, Riverside Yacht Club/Marina, and under 2 minutes to Meadow Glen mall (Wegman's, Dicks, Marshalls, etc and close proximity to Wellington Square! 2 units side by side with common vestibule, huge fenced front and rear yard, 5-6 off-street parking spots, turnkey with strong historical rents. Units have historical charm with exposed beams, wide pine floors, fireplaces, cathedral primary bedrooms. Left side unit is tenanted through the end of May, right side unit is vacant. See historical rental data in paperclip attachment. Zoning study also available via paperclip. Great opportunity to get into the Medford market with a 5.68% CAP rate investment property! See firm remarks for property website.
Sold for $850,000 on 06/10/24
$850,000
306 Riverside Ave, Medford, MA 02155
4beds
1,929sqft
2 Family - 2 Units Side by Side
Built in 1910
-- sqft lot
$915,500 Zestimate®
$441/sqft
$4,078 Estimated rent
Home value
$915,500
$833,000 - $998,000
$4,078/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 10, 2024 at 10:57am
Listed by:
James Riel 617-913-4259,
JR Associates 617-913-4259,
James Riel 617-913-4259
Bought with:
Andrei Mirza
Boston Suburbs Real Estate
Source: MLS PIN,MLS#: 73233008
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Mudroom
- Flooring: Wood
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Bulkhead,Concrete,Unfinished
- Number of fireplaces: 4
Interior area
- Total structure area: 1,929
- Total interior livable area: 1,929 sqft
Property
Parking
- Total spaces: 5
- Parking features: Off Street, Paved
- Uncovered spaces: 5
Features
- Fencing: Fenced
Lot
- Size: 6,513 sqft
- Features: Corner Lot, Level
Details
- Parcel number: M:P13 B:0039,642034
- Zoning: SF2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Side by Side
Materials
- Frame, Post & Beam
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Electric: 100 Amp Service, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Marina, Public School, University
Location
- Region: Medford
HOA & financial
Other financial information
- Total actual rent: 2550
Other
Other facts
- Listing terms: Contract
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Listing removed | $3,175$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2025 | Listed for rent | $3,175+7.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/23/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/16/2024 | Price change | $2,950-4.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/10/2024 | Sold | $850,000$441/sqft |
Source: MLS PIN #73233008 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,360 | $746,500 |
| 2024 | $6,360 +2.6% | $746,500 +4.2% |
| 2023 | $6,198 +0.2% | $716,500 +4.4% |
Find assessor info on the county website
Neighborhood: 02155
Nearby schools
GreatSchools rating
- 4/10John J McGlynn Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Andrews Middle SchoolGrades: 6-8Distance: 0.1 mi
- 6/10Medford High SchoolGrades: PK,9-12Distance: 1.9 mi
Get a cash offer in 3 minutes
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Estimated market value
$915,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$915,500