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532 Medford St - 530-532 Medford St 3 Unit Apartment Building Offered at $1,495,000 Boston, MA 02129
Investment Highlights
- 530–532 Medford Street is ideally situated in Charlestown, one of Boston’s most desirable and supply-constrained neighborhoods.
- Minutes from Bunker Hill, Assembly Square, Encore Casino, and Cambridge Street, offering direct access to Cambridge and Somerville.
- In-place rents are below market, providing significant potential for rent growth through turnover and market alignment.
- Steps from the Sullivan Square MBTA Orange Line, Bus Routes 92 & 93, and convenient access to Route 93 for regional commuting.
- Multifamily assets in Charlestown trade infrequently, creating a compelling opportunity to acquire a scarce property in a high-barrier submarket.
- Well-maintained by the same owner for decades, featuring a 4-bedroom / 2-bath owner’s unit with private entrance.
Executive Summary
Broker of Record
Kyle Matthews
License # 1000083-RE-RB (MA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # 1000083-RE-RB (MA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $1,495,000 | Apartment Style | Low-Rise |
| Price Per Unit | $498,333 | Building Size | 2,775 SF |
| Sale Type | Investment | No. Stories | 3 |
| No. Units | 3 | Year Built | 1870 |
| Property Type |
| Price | $1,495,000 |
| Price Per Unit | $498,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | |
| Apartment Style | Low-Rise |
| Building Size | 2,775 SF |
| No. Stories | 3 |
| Year Built | 1870 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,800 | - |
| 2+2 | 1 | $2,200 | - |
| 4+2 | 1 | $3,400 | - |
1 1
Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | CHAR-000000-000002-001261 | Improvements Assessment | $899,800 |
| Land Assessment | $217,400 | Total Assessment | $1,117,200 |
Property Taxes
Parcel Number
CHAR-000000-000002-001261
Land Assessment
$217,400
Improvements Assessment
$899,800
Total Assessment
$1,117,200
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532 Medford St - 530-532 Medford St
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