38-40 Pembroke Street, Medford, MA 02155 - 5 beds, 2 baths (2023)

NEW

$940,000

5 bed 2 bath 3,178 sqft

Neighborhood: Glenwood

Multi Family For Sale On ZeroDown for 2 days

MLS Status: Active

Huge, solid two-family home awaits its next owner. Fantastic opportunity for a new buyer to make it their own. Perfect for owner-occupants seeking rental income or an investor looking to get into the Medford market. Great bones, with big ticket items all in good shape. Units need cosmetic upgrades. First floor features 5 rooms with living/dining/kitchen, 2 bedrooms and a full bath. Upper unit is massive with two floors of living space 3-4 bedrooms PLUS family room & home office potential. Both units feature walk-in pantry's, built-ins, and loads of charm. Kitchens both have gas cooking. Unit 1 has oil heat & HW with a newer boiler. Unit 2 has gas heat and a brand new HW tank. All porches are solid and were completely rebuilt within the past 10 years. Fenced yard & off-street parking. Fantastic residential location, just a short distance to Wegman's Plaza & Wellington MBTA and adjacent to Magoun Park. No rental history; family occupies both units.

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All About The Home

Property Details for 38-40 Pembroke Street

About

Huge, solid two-family home awaits its next owner. Fantastic opportunity for a new buyer to make it their own. Perfect for owner-occupants seeking rental income or an investor looking to get into the Medford market. Great bones, with big ticket items all in good shape. Units need cosmetic upgrades. First floor features 5 rooms with living/dining/kitchen, 2 bedrooms and a full bath. Upper unit is massive with two floors of living space 3-4 bedrooms PLUS family room & home office potential. Both units feature walk-in pantry's, built-ins, and loads of charm. Kitchens both have gas cooking. Unit 1 has oil heat & HW with a newer boiler. Unit 2 has gas heat and a brand new HW tank. All porches are solid and were completely rebuilt within the past 10 years. Fenced yard & off-street parking. Fantastic residential location, just a short distance to Wegman's Plaza & Wellington MBTA and adjacent to Magoun Park. No rental history; family occupies both units.

Home Highlights

Price/Sqft :

$296/sqft

Parking:

Paved

Time on ZeroDown:

2 days

Heating/Cooling:

Unit 1(Oil), Unit 2(Gas), Unit 1(None), Unit 2(None)

Property Facts

Status

Active

Property Type

2 Family - 2 Units Up/Down, Residential Income

Lot Size

3,860 sqft.

Year Built

1918

MLS #

73093351

Style

Multi Family, 2 Family 2 Units Up Down, Residential Income

County

Middlesex County

Floor Size

3,178 sqft.

City

Medford

Interior Features

Bedroom Information

# of Beds:

5

Bath Information

# of Baths:

2

# of Baths (Full):

2

Rooms Information

# of Rooms:

13

Kitchen Appliances:

Unit 1(Range, Refrigerator), Unit 2(Range, Dishwasher, Refrigerator, Washer, Dryer), Oil Water Heater, Gas Water Heater, Water Heater(Varies Per Unit), Utility Connections for Gas Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer, Utility Connections Varies per Unit

Heating & Cooling Information

Heating (Y/N)?:

true

Heat Units:

2

Heat Zones:

2

Cooling Zones:

Cooling:

Unit 1(None), Unit 2(None)

Laundry Information

Laundry:

Washer Hookup

Other Interior Information

Flooring:

Carpet, Varies Per Unit, Laminate, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)

Interior Features:

Unit 1(Pantry), Unit 2(Pantry), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Family Room, Office/Den)

Basement Features:

Full, Interior Entry, Concrete, Unfinished

Interior Features

Bedroom Information

# of Beds:

5

Bath Information

# of Baths:

2

# of Baths (Full):

2

Rooms Information

# of Rooms:

13

Kitchen Appliances:

Unit 1(Range, Refrigerator), Unit 2(Range, Dishwasher, Refrigerator, Washer, Dryer), Oil Water Heater, Gas Water Heater, Water Heater(Varies Per Unit), Utility Connections for Gas Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer, Utility Connections Varies per Unit

Heating & Cooling Information

Heating (Y/N)?:

true

Heating:

Unit 1(Oil), Unit 2(Gas)

Heat Units:

2

Heat Zones:

2

Cooling Zones:

Cooling:

Unit 1(None), Unit 2(None)

Laundry Information

Laundry:

Washer Hookup

Other Interior Information

Flooring:

Carpet, Varies Per Unit, Laminate, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)

Interior Features:

Unit 1(Pantry), Unit 2(Pantry), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Family Room, Office/Den)

Basement Features:

Full, Interior Entry, Concrete, Unfinished

Exterior Features

Building Information

Building Area:

3178

Year Built:

1918

Year Built Details:

Actual

Stories:

3

Door Features:

Storm Door(s)

Living Area:

3178

Construction:

Frame

Roof:

Slate

Foundation:

Block

Exterior Features

Patio Information:

Porch

Water and Sewer Information:

Public Sewer

Virtual Tour, Parking, School, Utilities and Taxes

Parking Information

# of Parking Spaces:

3

Open Parking (Y/N)?:

true

Parking Features:

Paved

School Information

Primary School:

Mcglynn

Utilities

Utilities:

for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit

Water:

Public

Electricity:

100 Amp Service, Individually Metered

Multi-Unit Information

# of Units:

2

Tax Information

Tax ID:

M:O12 B:0023.A

Actual Tax:

$6,740.0

Tax Assessed Value:

$779,300.0

Tax Book Number:

16418

Tax Year:

2023

Financing, Location Details

Financial Information

Listing Terms:

Contract

Buyer's Brokerage Compensation

Commission:

2%

Commission Type:

%

Documents Information

Disclosures:

No rental history; family in both units. Total finished square footage is approximate & includes 3rd floor. Some live knob & tube. Subject to seller finding suitable housing (under contract). Property will be delivered vacant. Sold AS-IS.

Location Information

Directions:

Riverside Avenue to Pembroke

Property / Lot Information

Property Information

Community Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, University

Lot Information

Lot Size (Sq. Ft.):

3860

Lot Size (Acres):

0.09

Lot Features:

Level

Road Frontage Type:

Public

See 20+ more property details

See 20+ more property details

Listed by: Jennifer M. Keenan

Brokerage: Keller Williams Realty Boston Northwest

MLS#: 73093351

Source: MLS PIN

Details provided by MLS PIN and may not match the public record.

38-40 Pembroke Street, Medford, MA 02155 - 5 beds, 2 baths (1)

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38-40 Pembroke Street, Medford, MA 02155 - 5 beds, 2 baths (2)

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38-40 Pembroke Street, Medford, MA 02155 - 5 beds, 2 baths (3)

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38-40 Pembroke Street, Medford, MA 02155 - 5 beds, 2 baths (4)

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Financials

Market Comparison

There aren't too many bidding wars right now in 02155, with homes selling 4% below asking price over the last three months.

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Is this a good deal?

This Home

$940K

Can I rent this place out?

Avg zipcode price growth/year over last 3 years

7.80

%

Home History

Around The Neighborhood

How Are the Schools in Glenwood?

Greater Boston percentile

43.88

%

National percentile

71.96

%

Can I raise a family in Glenwood?

Owner occupied

56.20

%

Renter occupied

43.80

%

What's nearby 38-40 Pembroke Street?

Number of stores nearby

22

What are my public transportation options in Glenwood?

Transit Score

45

Walk Score

65

Where Can I Charge My Electric Vehicle near 38-40 Pembroke Street?

Level 3 chargers nearby

Level 2 chargers nearby

14

Recently Sold Homes in Glenwood

Homes sold this month

30

Homes sold last month

36

Quality of Life

Natural Hazards risk in Medford

Flood Risk

Low

Historical Seismic Risk

Moderate

Will I Like My Neighbors in Glenwood?

Average Household Size

2.41

High School or Higher

92.88

%

Who provides the best cell coverage in Glenwood?

Best Cellular Provider

T-Mobile USA

Number of Towers

671

How to buy a home in Medford

Complete guide to rent to own Learn everything you need to know about how to rent-to-own a home. How to buy a home in Medford, MA How to find a home that best fits your needs, at the lowest rate possible. How to get preapproved for a mortgage Learn all about preapproval and how you can qualify for a home purchase.
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