Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

360 Salem St

Medford, MA ID #73261356

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360 Salem St

- Medford, MA ID #73261356

Property Description

DEVELOPERS TAKE NOTE! - A great housing development opportunity not to be missed, situated in Medford and close to Rte. 93. Property consists of 8,267 SF of a commercially zoned parcel located on Salem St. along major bus routes. This ideal location has the potential for 16+ units of housing once approvals have been secured through the City of Medford. Currently the property consists of a one story masonry 1,792 SF building with 2 commercially active TAW leases having a combined monthly income over $4,400.00. It is important to note that the Seller will work with developer(s) to allow for necessary permitting time-lines to be secured.

Additional Details

  • Status: ACT
  • Zip Code: 02155
  • Taxes: 3,687
  • Acres: 0.19
  • Buying Broker Compensation: 1.5%

Parking

  • Parking Spaces: 11

Location

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360 Salem St, Medford, MA

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Content © 2024 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Stephen Cefalo of Stephen Cefalo Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.