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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.

More Info

Basic Information

  • Bedrooms1
  • Mls StatusActive
  • Bathroom1
  • Parcel Number M:R09 B:3502,643502
  • Unit Number3

Location

  • Address297 Main Street
  • Building Number297
  • CountyMiddlesex
  • StateMA
  • StreetMain Street
  • TownMedford
  • Zip02155

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric 110 Volts,220 Volts
  • Heat SystemYes
  • Heating Electric
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Shopping, T-Station, University
  • Appliances IncludedRange, Dishwasher, Disposal, Refrigerator
  • Association Amenities Hot Water, Laundry
  • Security Features Intercom

Tax Information

  • Tax Assessed Value $318,000
  • Tax Year 2025
  • Taxes$2,560

Basic Information

  • List Price$368,000
  • MLS Number73491586
  • Modification Date03/29/2026
  • Property SubTypeCondominium

Building

  • BasementN
  • Building Area Units Square Feet
  • Construction Materials Brick
  • Entry Level 1
  • Rooms3
  • Stories1
  • Utilities For Electric Range
  • Window Features Insulated Windows
  • Year Built1971
  • Year Built Details Approximate
  • Year Built Source Public Records

Parking

  • Parking Spaces1
  • Parking Features Off Street, Assigned, Deeded

Rooms

  • Bathrooms Total Decimal 1
  • Dining Room First
  • Full Bath1
  • Kitchen First
  • Living Room First
  • Master Bedroom First

Property

  • Entry Location Unit Placement(Ground, Garden)

Interior

  • Flooring Tile, Laminate

Property Information

  • Square Feet596
  • Building Area Source Public Records
  • Living Area 596
  • Lot Size Square Feet 1
  • Lot Size Units Acres
  • Property Attached YN Yes
  • Structure Type Mid-Rise

Other

  • Association Fee $324
  • Association Fee Frequency Monthly
  • Association Fee Includes Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
  • Date Listed03/25/2026
  • Farm Land Area Units Square Feet
  • View Count2

Map Location

Listed by Chuck Silverston Team of Gibson Sotheby's International Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN and its 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.

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