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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.

More Info

Basic Information

  • Gross Income $104,400
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 643887
  • Rent Includes Unit 2(Water)

Location

  • Address27 Princeton Street
  • Building Number27
  • CountyMiddlesex
  • StateMA
  • StreetPrinceton Street
  • TownMedford
  • Zip02155

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 3,693
  • Lot Size Square Feet 4,079
  • Lot Size Units Acres
  • Square Feet3,693

Other

  • Date Listed05/26/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $113,360
  • Tax Year 2025
  • Taxes$9,976

Basic Information

  • List Price$1,475,000
  • MLS Number73523617
  • Modification Date05/25/2026
  • Property SubTypeMulti Family

Property

  • Acreage0.09

Interior

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

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • Park
    • Private School
    • Public Transportation
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Other AmenitiesBasement

Parking

  • Parking Features Off Street
  • Parking Spaces2

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms8
  • Full Bath2

Building

  • BasementUnfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationBlock, Other
  • Levels 3
  • Patio And Porch Features Enclosed
  • Rooms16
  • Stories3
  • Units2
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Map Location

Listed by Thomas Macdonald of Jacob Realty,LLC

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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