124 Grant Ave, Medford, MA 02155
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$1,375,000
3 Unit
5 Beds
3 Baths
3203 SQFT
0.14 Acre

Property Description

Incredible opportunity to own a well-maintained three-family in a prime Medford location, just minutes from Tufts, Medford Square, and the Green Line Extension. Ideal for investors or owner-occupants, this property offers strong rental history, immediate cash flow, and long-term upside. The first-floor unit has been fully renovated with 2 bedrooms, 1 bath, and an open layout. The second-floor unit offers a similar layout with front and rear decks. The third unit features 1 bedroom and 1 bath. Additional highlights include 2 garage spaces, 3 off-street parking spaces, and separate utilities/meters. Convenient access to public transportation, I-93, and local amenities makes 124 Grant Ave an excellent investment in one of Greater Boston's most desirable and accessible locations.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Highway Access, Laundromat, Medical Facility, Park, Public Transportation, Shopping, T-Station, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Appliances: Dishwasher, Range, Refrigerator

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated
  • Gross Operating Income: 90000
  • Gross Expenses: 6655
  • Water/Sewer: 1285
  • INSC: 4370
  • Repairs & Maintenance: 1000
  • Net Operating Income: 71951

Utilities

  • Heat Zones: 3
  • 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

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

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73573341
  • Last Updated: 09/08/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/08/2026New$1,375,000$429MLSPIN
03/20/2026Expired$1,495,000$467MLSPIN
02/16/2026Temporarily Withdrawn$1,495,000$467MLSPIN
12/07/2025Active$1,495,000$467MLSPIN
12/03/2025New$1,495,000$467MLSPIN
12/03/2025Canceled$1,649,000$515MLSPIN
11/24/2025Temporarily Withdrawn$1,649,000$515MLSPIN
09/22/2025Active$1,649,000$515MLSPIN
09/18/2025New$1,649,000$515MLSPIN
09/17/2025Canceled$1,645,000$514MLSPIN
07/08/2025Temporarily Withdrawn$1,645,000$514MLSPIN
07/07/2025Price Change$1,645,000$514MLSPIN
06/22/2025Active$1,695,000$529MLSPIN
06/18/2025Price Change$1,695,000$529MLSPIN
06/07/2025Active$1,749,000$546MLSPIN
06/03/2025Price Change$1,749,000$546MLSPIN
05/18/2025Active$1,795,000$560MLSPIN
05/14/2025New$1,795,000$560MLSPIN

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Seller's Representative: Christopher Gianatassio, CDG 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 2026-09-08 15:41:00

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