Property Description

Exceptional investment opportunity in the heart of South Medford, right on the Somerville line! This well-maintained three-family property is fully leased through August 31, 2027, offering strong rental stability. Conveniently located near Tufts University, the Green Line Extension, I-93, and the shops and restaurants of Ball Square and Davis Square, this property consistently benefits from evergreen rental demand. Each unit offers spacious layouts with strong rental appeal, while the building itself has been carefully maintained over the years. The property also presents significant upside potential for investors through future cosmetic improvements and rental growth over time. Additional features include off-street parking, separated utilities per unit, and a highly convenient commuter location with easy access to Boston, Cambridge, and Somerville. A rare opportunity to acquire a stabilized multi-family asset in one of Boston’s most desirable rental markets. Don't miss out!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Highway Access, Park, Public Transportation, Shopping, T-Station, University
  • Basement Features: Concrete Floor, Full, Interior Access, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room, Sunroom
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Financial

  • APOD Available: No
  • Gross Operating Income: 84600
  • Net Operating Income: 84600

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Utility Connections: Varies per Unit, for Electric Dryer, for Electric Range, for Gas Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1925
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73519886
  • Last Updated: 05/17/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/15/2026New$1,349,000$397MLSPIN

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Seller's Representative: Matt Gorman, EDGE Realty Advisors
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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-05-17 12:29:00

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