Sold!
$1,349,000
6
Beds
3
Baths
3,399
Living Area
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Property Description
Exceptional investment opportunity in the heart of South Medford, right on the Somerville line! This well-maintained three-family property is fully leased through August 31, 2027, offering strong rental stability. Conveniently located near Tufts University, the Green Line Extension, I-93, and the shops and restaurants of Ball Square and Davis Square, this property consistently benefits from evergreen rental demand. Each unit offers spacious layouts with strong rental appeal, while the building itself has been carefully maintained over the years. The property also presents significant upside potential for investors through future cosmetic improvements and rental growth over time. Additional features include off-street parking, separated utilities per unit, and a highly convenient commuter location with easy access to Boston, Cambridge, and Somerville. A rare opportunity to acquire a stabilized multi-family asset in one of Boston’s most desirable rental markets. Don't miss out!
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1925
- Parking Spots: 3
- Property Type: 3 Family
- Total Rooms: 15
- Status: Closed
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Additional Details
- Appliances: Washer, Dryer, Range, Dishwasher, Disposal, Microwave, Refrigerator
- Construction: Frame
- Exterior Features: Garden
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Gr
- Basement: Full, Walk-Out Access, Interior Entry, Concrete
- Exclusions: Tenant Belongings Not Included In Sale.
- Flooring: Wood, Tile, Varies, Hardwood
- Interior Features: Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Highway Access, T-Station, University
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,163,100
- Taxes: $10,036
- Tax Year: 2026
- Total Rent: $7,050
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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 Compass.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
