87-89 Spring Street, Medford, MA 02155
Local realty services provided by:Metropolitan Homes
87-89 Spring Street,Medford, MA 02155
$1,499,000
- 9 Beds
- 5 Baths
- 3,388 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, Apr 2601:45 pm - 02:45 pm
Listed by: the shahani group, jeetendra shahani
Office: compass
MLS#:73500616
Source:MLSPIN
Price summary
- Price:$1,499,000
- Price per sq. ft.:$442.44
About this home
Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool with good cash flow. This property features two separate structures on one lot, a total of four units! Convenient location to transportation and shopping. Tenants pay for their own utilities. The property consists of a large 5-bedroom, 2 two-bedroom, and a one-bedroom apartment. The property has had several updates over the years, including replaced water heaters, newer heater systems, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase future value considerably.
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Home facts
- Year built:1900
- Listing ID #:73500616
- Updated:April 26, 2026 at 10:40 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:20
- Basement Description:Full
- Living area:3,388 sq. ft.
Structure and exterior
- Year built:1900
- Building area:3,388 sq. ft.
- Lot area:0.1 Acres
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,499,000
- Price per sq. ft.:$442.44
- Tax amount:$7,630 (2025)
Parking
- Total parking spaces:3
- Parking description:Off Street, On Street, Paved Drive
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