297 Main St #3, Medford, MA 02155

Local realty services provided by:ERA The Castelo Group
297 Main St #3,Medford, MA 02155
$368,000
  • 1 Beds
  • 1 Baths
  • 596 sq. ft.
  • Condominium
  • Active
Listed by: chuck silverston team
Office: gibson sotheby's international realty
MLS#:73491586
Source:MLSPIN

Price summary

  • Price:$368,000
  • Price per sq. ft.:$617.45
  • Monthly HOA dues:$325

About this home

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 one 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.

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Home facts

  • Year built:1971
  • Listing ID #:73491586
  • Updated:March 29, 2026 at 10:28 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:3
  • Flooring:Laminate, Tile
  • Kitchen Description:Dishwasher, Disposal, Range, Refrigerator
  • Living area:596 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Electric

Structure and exterior

  • Year built:1971
  • Building area:596 sq. ft.
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$368,000
  • Price per sq. ft.:$617.45
  • Tax amount:$2,560 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Range, Refrigerator
  • Laundry features:Common Area, First Floor, In Building

Parking

  • Total parking spaces:1
  • Parking description:Assigned, Deeded, Off Street
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