$1,475,000
About this home
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 four off-street parking spaces. Condominium documents are already in place, providing flexibility for future ownership strategies and streamlining a condo conversion. Excellent opportunity for investors or developers seeking strong cash flow and long-term upside in a highly desirable location.
Property details
- MLS #
- 73523617
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- N/A
- Stories
- 3
- Garage spaces
- N/A
- Lot size
- 0.09 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 409
- Student:teacher ratio
- 10.0:1
- District
- Medford
- Enrollment
- 457
- Student:teacher ratio
- 9.3:1
- District
- Medford
- Enrollment
- 12
- Student:teacher ratio
- 4.0:1
- District
- Medford
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 6, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.