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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.
- Heating System:
- Electric
- Cooling System:
- Window Unit(s)
- Basement:
- No
- Security:
- Intercom
- Parking:
- Off Street, Assigned, Deeded
- Country:
- US
- State:
- MA
- County:
- Middlesex
- City:
- Medford
- Street:
- Main St
- Street Number:
- 297
- Postal Code:
- 02155
- HOA Amenities:
- Hot Water, Laundry
- HOA Includes:
- Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
- Bathrooms:
- Yes
- HOA Fee:
- 324.79
- Community Features:
- Public Transportation, Shopping, T-station, University
- Construction:
- Brick
- Electric:
- 110 Volts, 220 Volts
- Flooring:
- Tile, Laminate
- Laundry:
- In Building, First Floor, Common Area
- Lot Size:
- 0
- Property Type:
- Condominium
- Sewer:
- Public Sewer
- Type:
- Mid-rise
- Zoning:
- RA
- Living Area (sqft):
- 596
Residential For Sale
297 Main St, Medford, Massachusetts 02155
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $368,000
- Bedrooms :
- 1
- Bathrooms :
- 1
- Year Built :
- 1971
- Status :
- Active
