$1,995,000
9
Beds
2/1
Baths
3,670
Living Area
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Property Description
This renovated two-family is a prime investment opportunity. It sits on a quiet street directly adjacent to Tufts and the new Medford/Tufts Green Line T and offers an outstanding opportunity for an investor seeking strong, stable rents with a current annual rent roll of $140,400 through May 2027. Both units offer stainless steel appliances and many updates - new roof (2023), painted exterior (2025), updated electric, recently remodeled kitchens w/ granite countertops and bathroom with marble. Unit #1 - leased for $5,200/mo - a 4 bedroom, 1.5 bath duplex with direct access to the spacious front + rear deck and rear yard. Unit #2  - leased for $6,500/mo - a 5 bedroom, 1 bath upper duplex with deck. The clean + spacious walkout basement has separate systems, high ceilings and potential to increase your rent roll. Tenants pay for heating and electricity. Rear yard, decks and two parking spaces. Dream location for an investor due to off-campus housing need! Close to Davis Square/Red Line.
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Highlights
- Area: Tufts University
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1917
- Heating: Steam, Natural Gas
- Parking Spots: 2
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 15
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Oven, Range Hood
- Construction: Frame, Block
- Flooring: Tile, Hardwood, Stone/Ceramic Tile
- Foundation Area: 1215
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Unfinished
- Exterior Features: Balcony/Deck
- Foundation: Block
- Interior Features: Storage, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Upgraded Countertops, Internet Available - Unknown, Living Room, Kitchen, Laundry Room, Mudroom
- Road Frontage Type: Public
- SqFt Source: Measured
- Year Built Details: Approximate
- Zoning: Ra
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,169,100
- Tax Year: 2026
- Total Rent: $11,700
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $13,188
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Gibson Sotheby's International Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.