Off Market

87-89 Spring St, Medford, MA

Medford · MA 02155

$1,499,000
Price
9
Beds
5
Baths
3388
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 4,223 Sq.Ft Lot
Price per square foot: $442 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool. This property features two separate structures on one lot, a total of four units! It has been a cash cow for the seller. Convenient location to transportation and shopping. All units have separate utilities. The property consists of a large 5-bedroom, 2-bedroom, and 2 one-bedroom apartments. The property has had several updates over the years, including replaced water heaters, newer heater systems, bathrooms, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase future value considerably.

Neighborhood & Transit

87-89 Spring St, Medford · MA 02155

Nearby transit

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

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
471 days
Listing Price:
$1,499,000
Price per Sq.Ft:
$442
Tax Assessment:
$895,000 in 2025
Taxes:
$636 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,388 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3388
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
4,223 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 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
The Shahani Group
Listing office
Compass
MLS PIN #
73404510
Disclosure
Agent has ownership interest in the property. Owner never lived in the property.