Off Market
27 Princeton St, Medford, MA
Medford · MA 02155
- $1,475,000
- Price
- 8
- Beds
- 2
- Baths
- 3693
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
2 Units
Lot size:
4,079 Sq.Ft Lot
Price per square foot:
$399 / Sq.Ft
Parking:
2 Off Street Spaces
About this home
Turnkey two-family investment opportunity in a prime Medford location near Tufts University and the Green Line Extension. The property generates $104,400 in annual gross income ($4,300/month for Unit 1 and $4,400/month for Unit 2). Tenants pay their own utilities, with Unit 1 also paying water, helping to minimize operating expenses. Both units offer spacious 4-bedroom layouts with living and dining areas, eat-in kitchens, private laundry, and updated appliances including dishwashers and garbage disposals. Unit 1 features a private deck and wall-unit air conditioning. Unit 2 is an approximately 1,900 SF duplex with a sunroom and generous room sizes. Additional features include four off-street parking spaces. Condominium documents are already in place, providing flexibility for future ownership strategies and streamlining a condo conversion. Excellent opportunity for investors or developers seeking strong cash flow and long-term upside in a highly desirable location.
Neighborhood & Transit
Tufts University
27 Princeton St, Medford · MA 02155
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Medford/Tufts Green 0.39 mi
-
Ball Square Green 0.44 mi
Price Insight
- Days on Market:
- 162 days
- Listing Price:
- $1,475,000
- Price per Sq.Ft:
- $399
- Tax Assessment:
- $1,155,000 in 2025
- Taxes:
- $831 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 2
- Half Bathrooms
- 0
- Living Area
- 3,693 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3693
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 4,079 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Thomas Macdonald
- Listing office
- Jacob Realty, LLC
- MLS PIN #
- 73523617
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