$1,580,000
6
Beds
5
Baths
3,212
Living Area
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Property Description
Stunning Tufts University residence situated on the Medford/Somerville Line. A sturdy 4-family building, complemented by a 3-car garage with off-street parking, awaits its new owner. This property has been cherished by a family for over 75 years.This home comprises 3, one-bedroom units plus a chic, remodeled 2-bedroom, 2-full-bath apartment. Its prime location is a significant draw, offering easy access to the New MBTA Ball Square Green Line T station, Tufts U, and the Trendy shops and restaurants of Medford, Ball Square & Davis Square, Somerville.This FULLY RENTED, stabilized asset presents substantial upside potential. It also holds the possibility for a condo conversion. Recent improvements in 2025 include a newly paved driveway valued at over $20K and new vinyl fencing. Located in a high-demand area with a proven rental history, this property offers a unique opportunity to possibly capitalize on the 100% Bonus Depreciation available under the new tax laws with a cost seg study.
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Highlights
- Area: Tufts University
- Heating: Baseboard, Oil, Common, Unit Control
- Parking Spots: 7
- Property Type: 4 Family
- Total Rooms: 15
- Status: Closed
- Cooling: None, Wall Unit(s)
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1921
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Additional Details
- Appliances: Washer, Dryer, Range, Refrigerator, Dishwasher, Microwave
- Construction: Frame
- Flooring: Varies, Hardwood, Tile
- Foundation Area: 999999
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Sump Pump, Concrete, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Brick/Mortar, Irregular
- Interior Features: Laundry Room, Bathroom With Tub & Shower, Internet Available - Unknown, Ceiling Fan(s), Stone/Granite/Solid Counters, Upgraded Cabinets, Open Floorplan, Remodeled, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Gr
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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, Sidewalks
- Parking Features: Paved Drive, Off Street, On Street, Paved
- Covered Parking Spaces: 3
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,308,800
- Tax Year: 2025
- Total Rent: $9,050
- Rental Fee Includes: Unit 1(Heat, Water), Unit 2(Heat, Water), Unit 3(Heat, Water), Unit 4(Heat, Water)
- Taxes: $11,151
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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 Keller Williams Realty.
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