$2,578,000
4
Beds
4
Baths
3,744
Living Area
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Property Description
Presenting 84-86 & 88-90 Park Street. A truly rare investment opportunity to acquire 2 adjacent two-family properties on contiguous lots, both built by the current owner and offered together as one exceptional four-unit package in a prime, highly accessible Medford location. One property occupies a prominent corner lot, enhancing the package's visibility and long-term appeal. The offering includes four 4-room units, each featuring a living room, kitchen, two bedrooms, and a full bath, including one recently remodeled first-floor apartment. Separate utilities, central air, approximately two off-street parking spaces per unit, and yard space contribute to strong tenant appeal while simplifying long-term ownership. Ideally situated with outstanding access to I-93, major roadways, public transportation, Wellington MBTA Station, Assembly Row, Medford and Haines Squares, the Mystic River, shopping, dining, and everyday conveniences. Opportunities to acquire side-by-side multi-family properties of this nature are exceptionally scarce, making this a standout offering for investors seeking scale, stability, and long-term growth potential. Also being sold as 2 separate two-family properties. See MLS#73559603 (84-86 Park Street, Medford) & MLS#73559604 (88-90 Park Street, Medford).
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Highlights
- Cooling: Central Air
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1982
- Heating: Forced Air, Natural Gas
- Parking Spots: 8
- Property Type: 2 Family - 2 Units Side by Side
- Total Rooms: 16
- Status: Active
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Additional Details
- Basement: Full, Unfinished
- Interior Features: Living Room, Kitchen
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Multi Fam
- Foundation: Concrete Perimeter
- Lot Features: Corner Lot, Level, Other
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, Other
- Parking Features: 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: $1,619,000
- Taxes: $13,972
- Tax Year: 2026
- Total Rent: $9,400
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