$368,000

297 Main St 3, Medford, MA 02155

1 bed |
1 bath |
596 sqft

Condominium
Built in 1971
—— sqft lot
—— car garage
$617/sqft
Listed 8 days ago

Property Description

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.

Listing Status:: Active
Date Added:: March 25, 2026
Data Last Updated:: April 3, 2026 at 2:08AM
Listing Office:: Gibson Sotheby's International Realty : 617-264-7900
Listing Agent:: Chuck Silverston Team : 617-699-6234
MLS ID:: 73491586

Appliances: RangeDishwasherDisposalRefrigerator
Laundry: First FloorCommon AreaIn Building
Basement: N
Flooring: TileLaminate
A/C: Window Unit(s)
Heating: Electric
Fireplace: Fireplaces: 0

Parking: Off StreetAssignedDeededParking spaces: 1

Windows: Insulated Windows
General: Brick1

HOA Amenities: Hot WaterLaundryInsuranceMaintenance StructureMaintenance GroundsSnow RemovalReserve Funds324.79Monthly
Originating MLS: MLS Property Information Network
County: Middlesex

Zoning: resM:R09 B:3502643502

Utilities: for Electric Range110 Volts220 Volts
Water: Public
Sewer: Public Sewer

Source: MLS Property Information Network

This listing courtesy of Chuck Silverston Team , Gibson Sotheby's International Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

McGlynn Elementary School

3002 Mystic Valley Pkwy, Medford, MA, 02155

Grades PK-5

0.60 miles away

McGlynn Middle School

3004 Mystic Valley Pkwy, Medford, MA, 02155

Grades 6-8

0.59 miles away

Curtis-Tufts

437 Main St, Medford, MA, 02155

Grades 11-12

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.