14 days on rocket

17-19 Canal St, Medford, MA, 02155

$1,199,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
3,024 SqFt
$396/SqFt
Multi
Schools Nearby

Location

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17-19 Canal St, Medford$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1910
ViewCity
MLS #73230648
Lot Size0.18 Acres
StatusActive

About 17-19 Canal St

Large Mansard-style 3-family property situated in the sought-after West Medford area. The 1st floor features a 2-bed unit with a dining room, while the 2nd floor offers another 2-bed unit with dining room + office space. The 3rd floor contains a 1-bed unit. The spacious basement is equipped with separate heating, hot water, & electric systems for each unit, reducing the landlord's expenses. The property is fully tenanted, with lease renewals scheduled for mid-2024. It rests on a sizable lot with plenty of parking for each unit, making it suitable for future condo conversion. The property generates a gross monthly income of $6,150, with potential for growth. This location is a commuter's dream, situated just 0.2 miles from the West Medford commuter rail station & offering easy access to commuter routes such as I-93, Route 2, and Route 16, as well as numerous bus stops. The property provides convenient access to Tufts University, Whole Foods, & a variety of shops & restaurants!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 3,024 SqFt

Listing Office:

  • Office Name: Leading Edge Real Estate
  • Listing Agent: Ramsay and Company

Interior Features

Interior Information:

  • Appliances: Washer, Dryer, Range, Dishwasher, Refrigerator
  • Flooring Type: Wood
  • Interior: Laundry Room, Ceiling Fan(s), Pantry, Bathroom with Shower Stall, Open Floorplan, Living Room, Dining Room, Kitchen, Mudroom, Sunroom, Living RM/Dining RM Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Cleared, Level
  • Lot Size: 0.18 Acres

Other

Directions Information:

  • Directions: High St to Canal St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $396/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2
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Housing Market Comparison

See how this home compares to others in Medford, MA.

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Medford, MA

City

Med. Sold Price

$826.1K

Med. Price/SqFt

$499

Avg. Days On Market

26

# of Sold Homes

38

17-19 Canal St vs Medford

14 DAYS ON ROCKET

-12 Days

$1,199,000

+$372.8K More

$396/SqFt

-$104 Less

KEY TAKEAWAY

This property is $372.8K more than the Median Sold Price and $104/SqFt less than other homes in Medford, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73230648

Listing Office:

  • Office Name: Leading Edge Real Estate
  • Listing Agent: Ramsay and Company

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/15/2024, 3:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1525985
6
/10

  • Brooks School

  • 388 High St

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-1525986
8
/10

  • Thompson

  • 187 Everett St

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-1525987
7
/10

  • Hardy

  • 52 Lake St

  • 1.19 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,530. The majority of Medford, MA residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Medford›02155›17-19 Canal St

This home is located at 17-19 Canal St in Medford, MA and zip code 02155. This 3,024 square foot home, which was built in 1910, sits on a 0.18 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $1,199,000.

While more than 24 listings in Medford, MA in April 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 8 were sold below. The number of listings in Medford, MA increased by 14% between March 2024 and April 2024. Listings spent 26 days on the market in April 2024, and had a median list price of $826,166 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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