27 Princeton St, Medford, MA 02155

Local realty services provided by:ERA Hart Sargis-Breen Real Estate
27 Princeton St,Medford, MA 02155
$1,475,000
  • 8 Beds
  • 2 Baths
  • 3,693 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, May 30
    11:00 am - 12:00 pm
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 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.

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Home facts

  • Year built:1910
  • Listing ID #:73523617
  • Updated:May 26, 2026 at 04:00 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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