31 Wareham St, Medford, MA 02155

$1,580,000
6
BD
5
BA
3,212
SqFt

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Sold Price
$1,580,000
List Price
$1,699,999
Status
SOLD
MLS#
73434734
Bedrooms
6
Bathrooms
5
Full Baths
5
Living Area
3,212
Lot Size (Acres)
0.22
Year Built
1921

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.

Additional Information

Area
Tufts University
Taxes
$11,151
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
Parking Description
Paved Drive, Off Street, On Street, Paved
Lot Description
Level
Water
Public
Sewer
Public Sewer
Elementary School
Ask City
Middle School
Ask City
High School
Medford High

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Listing courtesy of Listing Agent: Christopher L. Barnard from Listing Office: Barnard Real Estate Advisors, LLC.

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