Property Description

Well-maintained traditional two-family offering five total bedrooms, two full bathrooms, and excellent long-term investment potential in a convenient Medford location. Unit 1 features two bedrooms, while Unit 2 offers three bedrooms across two levels. Both residences include spacious living and dining areas, hardwood floors, private front and rear decks and dedicated washer and dryer facilities in the basement. The property features separate utilities, including gas heat and hot water, which simplifies ownership and operating expenses. Outside, enjoy a private backyard, a two-car garage, and two additional driveway parking spaces. Both units are currently leased through September 1, 2027, providing immediate rental income. Current rents are below estimated market rents, presenting a compelling value-add opportunity with significant potential additional annual income. Convenient to Medford Square, public transportation, shopping, restaurants, parks, Route 93 and Assembly Row. An excellent opportunity to acquire a solid income-producing property with parking, outdoor space, separate utilities, and future rental upside.