Under Agreement

40 Summer St, Medford, MA

Medford · MA 02155

$849,000
Price
4
Beds
2
Baths
1711
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 2 Units
Lot size: 3,792 Sq.Ft Lot
Price per square foot: $496 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

This versatile property, currently configured as a two-family home, was originally a single-family residence and was converted in the 1980s. With a strong rental history, it presents an excellent investment opportunity while also offering tremendous potential for redevelopment. Ideal for a builder, contractor, or homeowner with a vision, the property could be renovated and restored to its original single-family layout. Conveniently located just a short distance from Tufts University, the Green Line Extension, shopping, restaurants, and major highway access, this property offers endless possibilities in a highly desirable location.

Neighborhood & Transit

Tufts University

40 Summer St, Medford · MA 02155

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Medford/Tufts Green 0.50 mi

Price Insight

Days on Market:
139 days
Listing Price:
$849,000
Price per Sq.Ft:
$496
Tax Assessment:
$798,300 in 2026
Taxes:
$574 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,711 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1711
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
3,792 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
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jacqueline Veri
Listing office
Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS PIN #
73537617
Disclosure
One Heating System and One Electrical Meter for Both units. All utilities had been included in the rent. Will be delivered VACANT