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Sold on 03/03/2025
  • Other
  • Exterior
  • Entry Way
  • Kitchen
  • Living
  • Bedroom

433 Medford, Somerville, MA 02145

  • $1,950,054

    Last sold 03/03/2025 for $1.42M

  • 8

    bed

  • 4

    bath

  • 5,318

    Sqft ($267/Sqft)

Multi-family not for sale
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About 433 Medford

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 2,584 Sqft
Movoto estimate
Property description
Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!
Listed by
Listing Agent - Zachary Conley
Listing Office - NextGen Realty, Inc.
Source: MLS Property Information Network, Inc. mls logo
MLS#73325651 • last updated 10 months ago
Movoto checked MLS Property Information Network, Inc. for data 9 minutes ago
Overview
Levels/Style 7, 7
MLS # 73325651
Type Residential Income
Status Pending
SubType 4 Family
SqFt 5318
Lot Size (SqFt) 2584
Lot Size (Acres) 0.06
Year Built 1900
Interior
Total # of Bathrooms 4
# Full Baths 2
# Half Baths 2
Total # of Bedrooms 8
Basement Full
Total # of Rooms 18
Flooring Wood
Exterior
Foundation Other
Roof Shingle
Construction Frame
Parking Desc Other
Exterior Features Other
Patio/ Porch Porch, Enclosed
Lot Desc Other
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range
Electricity 110 Volts, Other (See Remarks)
Water Source Public
Location
County Middlesex
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Private School, Public School, T-Station, University, Other
Zoning Mixed Use
APN 754758
Directions GPS
Multifamily Details
Net Operating Income 126600
Total Actual Rent 10550
Financial Data Source Other (See Remarks)
Gross Income 128100
Lot/ Land Details
Road Frontage Public

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Nearby homes for sale in Somerville, MA

  • Real Estate
  • MA
  • Middlesex County
  • Somerville
  • 02145
  • Winter Hill
  • 433 Medford
$1.95M
Range: $1.75M-$2.14M
Last 30 days 

Nearby recently sold homes in Somerville, MA

  • Mar 2025
    mls logo MLS # 73325651
  • Mar 4, 2025 Active
    —
  • Jan 13, 2025 Listed
    $1,500,000 (-5.9%)
  • Dec 2022
    mls logo MLS # 73053679
  • Dec 8, 2022 Price Change
    $1,594,000
  • Oct 31, 2022 Listed
    $1,595,000
  • Oct 31, 2022 Listed
    $1,595,000
  • Jul 2022
    MLS # 73019372
  • Jul 30, 2022 Listed
    $1,595,000
  • Jul 30, 2022 Listed
    $1,595,000
  • Jun 2022
    mls logo MLS # 72951725
  • Jun 15, 2022 Price Change
    $1,595,000 (-5.6%)
  • Apr 26, 2022 Price Change
    $1,690,000 (-0.3%)
  • Mar 10, 2022 Listed
    $1,695,000 (-5.6%)
  • Jul 2021
    mls logo MLS # 72833850
  • Jul 7, 2021 Price Change
    $1,795,000 (-1.6%)
  • Jun 14, 2021 Price Change
    $1,825,000 (-2.9%)
  • May 19, 2021 Listed
    $1,880,000
  • 433 Medford
    $1.42M
  • Winter Hill
    $789K +1% y/y
  • 02145
    $875K -7% y/y
  • Somerville
    $899K -11% y/y
No chart available
Statistics calculated by Movoto
4/10
Somerville High School
public Grades 9-12
Somerville School District
Source: GreatSchools.org © 2026. All rights reserved.
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The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
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 in 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.
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