Sold!
$1,990,000
9
Beds
3
Baths
3,102
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 $139,500 through May 2026. Both units offer private entry, stainless steel appliances and many updates - new roof (2025), painted exterior (2024), recently remodeled bathroom with Carrara marble. Unit #1 - leased for $3,825/mo - is a 3 bedroom, 1 bath floor-through with direct access to the spacious front deck and rear yard. Unit #2 Â - leased for $7,800/mo - a 6 bedroom, 2 bath upper duplex with deck. The clean + spacious walkout basement has separate systems, high ceilings and has potential to increase your rent roll. Heating and electricity is paid for by tenants. Fenced yard, decks and two parking spaces. Dream location for an investor due to unsatisfied off-campus housing need! Close to Davis Square/Red Line T.
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Highlights
- Area: Tufts University
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1920
- Heating: Steam, Natural Gas, Electric
- Parking Spots: 2
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 16
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer
- Construction: Frame
- Flooring: Tile, Hardwood, Stone/Ceramic Tile
- 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
- Basement: Full, Walk-Out Access, Interior Entry, Unfinished
- Exterior Features: Balcony/Deck
- Foundation: Block
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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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: $1,099,900
- Tax Year: 2025
- Total Rent: $11,625
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $12,163
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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.
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