Unit Information
This renovated two-family is a prime investment opportunity. It sits on a quiet street directly adjacent to Tufts and the new Medford/Tufts Green Line T and offers an outstanding opportunity for an investor seeking strong, stable rents with a current annual rent roll of $140,400 through May 2027. Both units offer stainless steel appliances and many updates - new roof (2023), painted exterior (2025), updated electric, recently remodeled kitchens w/ granite countertops and bathroom with marble. Unit #1 - leased for $5,200/mo - a 4 bedroom, 1.5 bath duplex with direct access to the spacious front + rear deck and rear yard. Unit #2 - leased for $6,500/mo - a 5 bedroom, 1 bath upper duplex with deck. The clean + spacious walkout basement has separate systems, high ceilings and potential to increase your rent roll. Tenants pay for heating and electricity. Rear yard, decks and two parking spaces. Dream location for an investor due to off-campus housing need! Close to Davis Square/Red Line.
- Additional Details
- Status: NEW
- Type: Multi-Family, 2 Family - 2 Units Up/Down
- Area: Tufts University
- Zip Code: 02144
- Levels: 4
- Parking
- Garage Capacity: 2
- Parking: Paved Drive, Off Street, Paved
- Parking Spaces: 2
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 4
- Total Rooms: 15
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$1,995,000
- Status: New
- Listing ID: 73488694
- Bedrooms: 9
- Full Baths: 2
- Half Baths: 1
- Living Area: 3,670 sqft Convert
- Lot Size: 3,429 sqft Convert
- Acres: 0.08
View description
Luxury Residential Group
(617) 233-5800
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