Open House: Sat 3/21 11:00 AM
23
7 Smith Street, Medford, MA 02155
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$1,300,000
2 Unit
4 Beds
2 Baths
2278 SQFT
0.09 Acre

Property Description

7 Smith Street is a newly renovated two-family property that blends modern upgrades with exceptional investment appeal. Both units showcase thoughtful contemporary finishes, including refinished hardwood floors, designer tile flooring, sleek updated kitchens, and fully renovated bathrooms. Gas heat and hot water provide improved efficiency and help keep operating costs low. Parking is a standout feature, offering 3–4 off-street tandem spaces along with ample on-street permit parking. This property presents a compelling opportunity for investors seeking immediate cash flow or owner-occupants looking for a turnkey home with rental income potential. Move-in ready and low-maintenance, the property also offers easy access to Route 93 and is just 0.5 miles from the Ball Square Green Line T stop, making it a smart and convenient addition to any real estate portfolio.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Basement Features: Bulkhead, Full, Sump Pump
  • Common Rooms: Dining Room, Kitchen, Living Room, Mudroom, Sunroom
  • Common Interior Features: Bathroom with Shower Stall, Lead Certification Available, Stone/Granite/Solid Counters, Storage
  • Common Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Common Heating: Central Heat, Electric, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 75600
  • Net Operating Income: 75600

Utilities

  • Heat Zones: 2
  • Electric Info: 200 Amps, Individually Metered
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range
  • 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

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Marble, Wood
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73487790
  • Last Updated: 03/17/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/17/2026New$1,300,000$571MLSPIN

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Seller's Representative: William L. Lefevre, Centre Realty Group
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 2026-03-17 16:41:00