49 Princeton St, Medford, MA 02155
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$1,025,000
2 Unit
5 Beds
2 Baths
2586 SQFT
0.08 Acre

Property Description

Meticulously maintained two-family home offers a blend of traditional charm & modern amenities. Prime location on a tree-lined street in South Medford. Walk to Tufts, bus to Orange line, Red Line Davis Sq; Green Line Medford/Tufts station. Easy access to restaurants, bars, local shops, "Bob's", Assembly Row & highway. The home's layout encompasses various indoor & outdoor spaces, each with its own character, generously sized rms, high ceilings, hd wd flrs & built in's. First floor unit offers two bed/1bath, living & dining rms, mud rm, kitchen w/pantry. Second floor unit (gutted 2012) offers A/C, three bed/1bath living & dining rms, kitchen w/pantry & laundry. Two front porches, two rear decks & a patio overlooking the backyard. Newer gas heat, unit 2 has A/C, roof (2022), replaced hot water heaters, updated electrical & each unit has separate utilities. Expansion potential in the unfinished walk-up attic & basement w/laundry. Ideal for the investor, owner-occupant or condo conversion.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access
  • Common Rooms: Dining Room, Kitchen, Living Room, Mudroom
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Floored Attic, Pantry, Programmable Thermostat, Storage, Tile Floor, Upgraded Cabinets, Walk-Up Attic
  • Common Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Vent Hood, Washer & Dryer Hookup, Washer Hookup
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Forced Air, Gas, Heat Pump, Hot Water Radiators, Oil
  • Common Cooling: Central Air, None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 64600
  • Gross Expenses: 7590
  • Net Operating Income: 57009

Utilities

  • Heat Zones: 2
  • Cooling Zones: 1
  • Electric Info: 100 Amps, Circuit Breakers, Individually Metered, Other (See Remarks), Underground
  • Energy Features: Insulated Doors, Insulated Windows, Prog. Thermostat, Storm Doors, Storm Windows
  • Utility Connections: for Electric Dryer, for Gas Oven, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1917
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73379696
  • Last Updated: 05/28/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/28/2025New$1,025,000$396MLSPIN

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Seller's Representative: Wesley Leonard, Lighthouse Realty Group, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-28 03:05:00

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