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2502 Race Avenue
House in Medford •  building info
3bd • 3ba • 882ft² $510 per ft²
List Price

$449,900

Listing Agent
Nicole L. Petersen  • Century 21 Icon
Key Details
Days on market
3
Last price change
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Estimated payment
$3,205/mo
Taxes
$777/mo
Maintenance
N/A
Description
A strong opportunity for investors, contractors, or buyers looking for a renovation project with upside. Located directly across from a park, this property offers a desirable setting and a layout with multiple value-add possibilities. The main level features 3 bedrooms, a full bath, kitchen, and living room, providing a solid foundation for restoration or redesign. The basement includes a finished area currently set up with a kitchen, living space, full bath, and additional rooms previously used as bedrooms. The garage has also been converted into a small studio-style living area with a kitchenette and bathroom. Both the basement and garage conversions are illegal and will require proper permits and compliance with Town of Brookhaven regulations. For buyers willing to take on renovations or utilize a 203k/renovation loan, this home presents significant potential. With proper updates and permitting, the existing layout offers flexibility for multi-generational living or future rental income opportunities. Set in a residential neighborhood with park views, easy access to area amenities, and strong long-term value potential, this property is ideal for those looking to bring vision and creativity to a project. All information deemed accurate but not guaranteed. Buyer to verify all permits, COs, and intended uses with the Town.

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Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$449,000
Asking Price: $449,900
Term
30 Years
Down Payment
$44,000 (10%)
Min: 10% (44,000)
Rate
6.0 %
Mortgage Amount
$404,910
Mortgage Payment
$2,428
Taxes
$777
Estimated closing cost
$15,000
Total monthly cost $3,205
Listing Courtesy of Century 21 Icon

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