Property Details
Basic Information
- Property SubType: Multi Family
- MLS Number: 73523617
- Mls Status: New
- List Price: $1,475,000
- Date Listed: 05/26/2026
- Units: 2
- Description: Turnkey two-family investment opportunity in a prime Medford location near Tufts University and the Green Line Extension. The property generates $104,400 in annual gross income ($4,300/month for Unit 1 and $4,400/month for Unit 2). Tenants pay their own utilities, with Unit 1 also paying water, helping to minimize operating expenses. Both units offer spacious 4-bedroom layouts with living and dining areas, eat-in kitchens, private laundry, and updated appliances including dishwashers and garbage disposals. Unit 1 features a private deck and wall-unit air conditioning. Unit 2 is an approximately 1,900 SF duplex with a sunroom and generous room sizes. Additional features include two off-street parking spaces. Condominium documents are already in place, providing flexibility for future ownership strategies and streamlining a potential condo conversion. Excellent opportunity for investors or developers seeking strong cash flow and long-term upside in a highly desirable location.
Building
- Acreage: 0.09
- Square Feet: 3,693
- Year Built: 1910
- Zoning: R2
- Stories: 3
- Rooms: 16
- Roof: Shingle
- Foundation: Block, Other
Location
- County: Middlesex
- Town: Medford
Finance
- Taxes: $9,976
Interior Features
Bedrooms
- Bedrooms: 8
Bathrooms
- Bathrooms: 2
- Full Baths: 2
Basement
- Basement: Unfinished
Utilities and Appliances
Utilities and Appliances
- Appliances Included: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Community
Amenities
- Amenities: Public Transportation, Park, Walk/Jog Trails, Bike Path, Highway Access, Private School, University
- Other Amenities: Basement