27 Princeton St, Medford, MA 02155
27 Princeton St, Medford, MA 02155
27 Princeton St, Medford, MA 02155
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Olumide Olurinmade

Olumide Olurinmade

+1(919) 699-2200
$1,475,000
Est. payment /mo
8 Beds
2 Baths
3,693 SqFt
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Open House

Sat May 30, 11:00am - 12:00pm

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,693 sqft

Price per Sqft $399

MLS Listing ID 73523617

Bedrooms 8

Full Baths 2

Year Built 1910

Annual Tax Amount $9,976

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Multi Family

Property Description

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 two off-street parking spaces. Condominium documents are already in place, providing flexibility for future ownership strategies and streamlining a potential condo conversion. Excellent opportunity for investors or developers seeking strong cash flow and long-term upside in a highly desirable location.

Location

State MA

County Middlesex

Zoning R2

Direction gps

Rooms

Basement Unfinished

Interior

Interior Features Living Room, Dining Room, Kitchen, Office/Den, Sunroom

Appliance Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer

Exterior

Community Features Public Transportation, Park, Walk/Jog Trails, Bike Path, Highway Access, Private School, University

Roof Type Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Corner Lot

Story 3

Foundation Block, Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Jacob Realty, LLC

NEARBY SCHOOL & BUSINESS

Olumide Olurinmade
Olumide Olurinmade

Broker | License ID: 009500771

+1(919) 699-2200 | olushow@gmail.com

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27 Princeton St