547 - 549 Riverside Avenue, Medford, MA 02155
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$975,000
2 Unit
5 Beds
3 Baths
3051 SQFT
0.10 Acre

Property Description

Terrific multi-family in an unbeatable location—just moments from the Orange Line, Station Landing, and vibrant Assembly Row. Whether you’re looking for a strong income-producing property, a place to grow some equity or a versatile home for multi-generational living, this one checks all the boxes! Features include open plan with a great layout, two plus bedrooms per unit, with room to work from home. Both units are spacious, with hardwood floors, built ins and decks for relaxing. The garden is a blank slate and awaits your ideas. The off-street parking is great, with a two-car garage and plenty of driveway space. Systems are newer, first floor is on demand water and heat, second floor has a newer system and oil tank, for peace of mind. The third floor is finished, spacious and offers a large open space, a private office/guest space, plus a full bath, excellent potential to add value. A smart choice for investors or owner-occupants alike with easy access to Boston and Cambridge.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Amenities: Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Storage, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Central Heat, Electric Baseboard, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators, Oil, Radiant, Steam
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 30000
  • Net Operating Income: 30000

Utilities

  • Electric Info: 100 Amps, Circuit Breakers, Other (See Remarks), Underground
  • Energy Features: Insulated Windows
  • Utility Connections: Washer Hookup, for Electric Dryer
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1925
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73438820
  • Last Updated: 10/03/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/02/2025New$975,000$320MLSPIN

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Seller's Representative: Steve McKenna & The Home Advantage Team, Gibson Sotheby's International Realty
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 2025-10-03 03:30:00

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