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Matt Quinlan

matt@quinlanhomescrg.com +1(978) 827-8268

$1,575,000

Est. payment - /mo

12 Beds

3 Baths

4,008 SqFt

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Sat Oct 31, 11:00am - 12:00pm

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Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,008 sqft

Price per Sqft $392

MLS Listing ID 73578881

Bedrooms 12

Full Baths 3

Year Built 1900

Annual Tax Amount $11,609

Tax Year 2026

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

This classic flat-roof triple-decker presents an exceptional investment opportunity in a convenient Medford location, generating over $10,000 per month in gross rents with massive upside. Units 1 and 2 are currently leased through August 2027, while the vacant third unit provides the perfect setup for an savvy owner-occupant or an investor looking to maximize returns. Each unit boasts a similar, highly functional layout featuring four spacious bedrooms with ample closets, updated kitchens, high-demand in-unit laundry, and private front and rear balconies. Key mechanical updates offer peace of mind, including a six-year-young roof and brand-new 2025 boilers in Units 1 and 2. Situated directly on the 101 bus line, steps from Target, and just a mile from Malden Center and the Orange Line, this high-yield multi-family delivers an unbeatable mix of classic local architecture, turn-key convenience, and premium cash flow.

Location

State MA

County Middlesex

Zoning GR

Direction Off Salem St

Rooms

Basement Full, Unfinished

Interior

Interior Features Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room

Heating Natural Gas, Oil

Cooling None

Flooring Hardwood

Appliance Range, Dishwasher, Refrigerator, Freezer, Washer/Dryer, Disposal

Exterior

Exterior Feature Balcony/Deck

Community Features Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Sidewalks

Total Parking Spaces 4

Garage No

Building

Lot Description Corner Lot

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Flow Realty, Inc.

NEARBY SCHOOL & BUSINESS

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Matt Quinlan

+1(978) 827-8268

Broker License ID: 9518707

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50 Lambert St. Medford, MA 02155

Matt Quinlan

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION