208 Main Street Medford, MA 02155

Building Details

Year Built

1926

Listing agency Mansard Commercial Properties a***@mansardcre.com Show Phone

Listed by Jeremy Cyrier, CCIM · License #MA #9048314 Show Phone

Source Masscommercialproperties

Added: Mar 5 Updated: Jul 6 at 10:36AM Checked: Jul 17 at 4:37AM

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Investment Insights

Based on property information with market context.

Brooks Park Apartments, located in Medford, Massachusetts, presents a multifamily investment opportunity. The property consists of a 44-unit brick building with a value-add profile. The unit mix comprises 38 studio apartments and 6 one-bedroom market-rate units. Parking is available with 17 surface spaces and 16 garage spaces. The property is situated near Tufts University, the Medford/Tufts T Station, and Assembly Square, providing access to employment centers within the inner-128 beltway and downtown Boston. The property has a Walk Score of 90, indicating it is a "Walker’s Paradise," and a Transit Score of 75, signifying "Excellent Transit." 55% of housing units within a 1-mile radius are renter-occupied.

Key Highlights

• Value‑add investment opportunity in a prime Greater Boston rental location.
• Excellent location with a Walk Score of 90 ('Walker's Paradise') and a Transit Score of 75 ('Excellent Transit').
• Proximity to the new Medford/Tufts T Station, Tufts University, and Assembly Square, providing easy access to employment centers and downtown Boston.

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FAQs

What type of property is this?

Apartment building - 44-unit apartment building near Tufts University and Assembly Square.

Where is this apartment building located?

The property is located at 208 Main Street Medford, MA.

What is the asking price?

The asking price for this property is $8,650,000.

What are key features of this property?

This property features: Value‑add investment opportunity in a prime Greater Boston rental location.; Excellent location with a Walk Score of 90 ('Walker's Paradise') and a Transit Score of 75 ('Excellent Transit').; Proximity to the new Medford/Tufts T Station, Tufts University, and Assembly Square, providing easy access to employment centers and downtown Boston.