$1,049,000
5
Beds
2
Baths
2,608
Living Area
-
Property Description
Well-maintained traditional two-family offering five total bedrooms, two full bathrooms, and excellent long-term investment potential in a convenient Medford location. Unit 1 features two bedrooms, while Unit 2 offers three bedrooms across two levels. Both residences include spacious living and dining areas, hardwood floors, private front and rear decks and dedicated washer and dryer facilities in the basement. The property features separate utilities, including gas heat and hot water, which simplifies ownership and operating expenses. Outside, enjoy a private backyard, a two-car garage, and two additional driveway parking spaces. Both units are currently leased through September 1, 2027, providing immediate rental income. Current rents are below estimated market rents, presenting a compelling value-add opportunity with significant potential additional annual income. Convenient to Medford Square, public transportation, shopping, restaurants, parks, Route 93 and Assembly Row. An excellent opportunity to acquire a solid income-producing property with parking, outdoor space, separate utilities, and future rental upside.
-
Highlights
- Area: Wellington
- Heating: Natural Gas
- Parking Spots: 4
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 11
- Status: Active
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1920
-
Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Exterior Features: Balcony/Deck
- Foundation: Block
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Interior Entry
- Flooring: Hardwood, Wood
- Interior Features: Bathroom With Tub & Shower, Floored Attic, Storage, Living Room, Dining Room, Kitchen, Mudroom
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Gr
-
Amenities
- Covered Parking Spaces: 2
- Parking Features: Paved Drive, Off Street, Paved
-
Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $988,800
- Tax Year: 2026
- Total Rent: $4,600
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $8,533
Similar Listings
Sold
42 Photos
Sold
27 Photos
Sold
42 Photos
Sold
32 Photos
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 Metro Realty Corp..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.