27 Princeton St, Medford, MA 02155
Local realty services provided by:ERA Key Realty Services
27 Princeton St,Medford, MA 02155
$1,475,000
- 8 Beds
- 2 Baths
- 3,693 sq. ft.
- Multi-family
- Active
Listed by: thomas macdonald, thomas macdonald
Office: jacob realty, llc
MLS#:73523617
Source:MLSPIN
Price summary
- Price:$1,475,000
- Price per sq. ft.:$399.4
About this home
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 four off-street parking spaces. Condominium documents are already in place, providing flexibility for future ownership strategies and streamlining a condo conversion. Excellent opportunity for investors or developers seeking strong cash flow and long-term upside in a highly desirable location.
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Home facts
- Year built:1910
- Listing ID #:73523617
- Updated:August 11, 2026 at 11:09 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:16
- Dining Description:Dining Room
- Kitchen Description:Dishwasher, Freezer, Kitchen, Microwave, Range, Refrigerator
- Basement Description:Unfinished
- Living area:3,693 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1910
- Building area:3,693 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Corner Lot
- Construction Materials:Frame
- Exterior Features:Enclosed
- Foundation Description:Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,475,000
- Price per sq. ft.:$399.4
- Tax amount:$9,976 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:2
- Parking description:Off Street
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