Real Estate
Home of the Week: 209-211 Riverside Ave.
This renovated two-family home on Riverside Ave. just entered the Medford real estate market only nine days ago.
This brand new two-family listing is a fabulous opportunity for a variety of prospective homebuyers. Renters looking to launch their ownership status will benefit from supplemental rental income or extended families will be attracted to its convenience and flexibility of two separate residences in one structure. Whatever the reasoning, this is an opening any future owner will not want to explore.
This vintage structure built in 1878 presents an incredibly solid foundation and timeless canvas for its title-holder with many updates and renovations that will appeal to today's trends and styles. The first floor unit actually offers two levels of living space with a living room, dining room with a charming built-in china cabinet, eat-in kitchen with ceramic tile flooring, two bedrooms and a full bath It also boosts its square footage with a finished heated basement that includes a family room, bonus room and half bath. The second floor apartment features a living room, dining room, eat-in kitchen, two bedrooms, one with a skylight, a bonus room and a large storage area.
Both units would serve very well for owner occupancy or investment possibilities with its generous dimensions and can generate valuable rental income with the first floor unit drawing a monthly rent of $1,250 and the second level, $1,432. Parking is also easily accommodated within this property and can support many residents with a two-car garage and six-car driveway. Its location will also hold a lot of weight with potential renters within its quaint neighborhood and nearby bustling Medford Square with its numerous amount of retailing and restaurant choices. Whether this purchase is for occupancy, rental, or both, this property is a great value for the money and with its advantageous renovated condition.
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- Location: 209-211 Riverside Ave.
- Price: $489,900
- Rooms: 12
- Bedrooms: 5
- Baths: 2 full
- Lot Size: 5,676 sq. ft. (.13 acre)
- Listing Agent: Maria Cappadona, Centure 21 Advance Realty 781-956-2769
If you are a Realtor or a home owner selling a home and want to be featured in an upcoming Home of the Week, please email Michele Taranto at m.taranto@aol.com.
