49-51 Spring Street, Medford, MA 02155
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$2,250,000
2 Unit
8 Beds
8 Baths
3540 SQFT
0.12 Acre

Property Description

Originally built in 1910 and comprehensively renovated, expanded and reimagined, 49–51 Spring Street has been transformed to offer the quality, finishes and functionality of modern construction while retaining the established character of the original property. Offered together at $2,250,000, this distinctive two-unit property presents an exceptional opportunity for an investor, multigenerational family or owner-occupant looking to purchase the entire property, live in one residence and generate rental income from the other. Extensive improvements include durable fiber-cement siding, white oak flooring throughout the finished living areas, thoughtfully designed kitchens and baths, updated systems and carefully selected architectural details, including red oak inlay accents above the porch of each residence. Both units offer three levels of finished living space with four bedrooms, three-and-a-half bathrooms and two ensuite bedrooms, providing tremendous flexibility for families, guests and work-from-home needs. Each residence also features convenient second-floor laundry, private outdoor space and ample additional storage in its own clean, unfinished basement, which is not included in the stated living area. For an investor, the two residences provide the opportunity to generate income from the entire property; for an owner-occupant, the ability to live in one unit while renting the other creates an attractive way to offset ownership expenses; and for a multigenerational family, the configuration allows relatives to live close together while maintaining the privacy and independence of separate homes. Ideally located near Tufts University, Medford Square, Somerville and Cambridge, with convenient access to I-93 and Boston, 49–51 Spring Street combines extensive renovation, flexible ownership possibilities and an increasingly difficult-to-find two-unit configuration.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 6
  • Total Half Baths: 2
  • Amenities: Conservation Area, Golf Course, Highway Access, House of Worship, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, Tennis Court, University
  • Basement Features: Bulkhead, Concrete Floor, Full, Interior Access, Unfinished Basement, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den, Sunroom
  • Common Interior Features: Bathroom With Tub, Bathroom With Tub & Shower, Bathroom with Shower Stall, Crown Molding, Internet Available - Broadband, Pantry, Stone/Granite/Solid Counters, Storage, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Dryer Hookup, Freezer, Microwave, Range, Refrigerator, Vent Hood, Washer & Dryer Hookup, Washer Hookup
  • Common Heating: Central Heat, Electric, Electric, Forced Air, Space Heater
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 66000
  • Net Operating Income: 66000

Utilities

  • Heat Zones: 6
  • Cooling Zones: 6
  • Electric Info: 200 Amps
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Construction

  • Year Built: 2026
  • Type: 2 Family - 2 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73581226
  • Last Updated: 09/23/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/23/2026New$2,250,000$636MLSPIN
10/01/2025Sold$850,000$296MLSPIN
08/14/2025Under Agreement$950,000$330MLSPIN
08/06/2025Contingent$950,000$330MLSPIN
07/28/2025Active$950,000$330MLSPIN
07/24/2025Price Change$950,000$330MLSPIN
07/22/2025Active$1,119,900$389MLSPIN
07/18/2025New$1,119,900$389MLSPIN

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Seller's Representative: Ryan Cook, William Raveis R.E. & Home Services
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 2026-09-23 07:03:00

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