Property Description

Once-in-a-lifetime opportunity to own a versatile mixed-use property with 20+ off-street parking spaces in an outstanding South Medford location! The 60 ft x 90 ft parking lot behind the building is included with the property and has direct access from Codding Ave. This well-maintained building features two residential apartments and a first-floor commercial storefront, all with separate utilities, offering exceptional flexibility for an owner-occupant, investor, or business owner. Ideally situated within a short walk to the Ball Square Green Line T station, with convenient access to restaurants, shops, parks, and transportation. All three units will be delivered vacant at closing. In addition, there is a small commercial store front with a separate address and utilities that can be rented separately. The first-floor commercial space is currently configured as a Euro-style full service hair and skin care salon designed with a flare of an Italian villa featuring an open-concept layout, reception area, six styling chairs, hair wash station, separate skin care area, office, bathroom, and additional space. The second-floor apartment offers three spacious bedrooms, one full bath, an open-concept kitchen/dining area, generous living room, and office. The third-floor apartment features two bedrooms, one full bath, an open-concept kitchen/dining area, living room, and a large private deck accessible from one of the bedrooms. The property also offers exciting future development potential to explore expansion, redevelopment, or additional residential/commercial uses. Inclusive 10 ft x 45 ft of frontage is part of the property. Additional public parking lot in front of building. Just moments from Ball Square and Magoun Square next to the Medford/Somerville line. Bus line right in front of the building with easy access to Tufts University, Assembly Row, Encore Casino and Boston. A rare opportunity to own a highly flexible property with exceptional parking and versatility in a prime location!

Property Features