49-51 Spring Street, Medford MA 02155

Medford, MA 02155
$2,250,000
Est. $12,326/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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8
Beds
7
Baths
3,540
Sq Ft
$636
Price/Sq Ft
0.12
Acres
2026
Year Built
3
Parking
5 hours 4 minutes
Time on Market
For Sale Open House Listed Sep 23, 2026 • MLS# 73581226 Copied! • Updated Sep 23, 2026

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Open House Schedule

27
Sep
Sunday, September 27
11:00 AM - 1:00 PM EDT
26
Sep
Saturday, September 26
2:00 PM - 3:00 PM EDT

About this home

Originally built in 1910 and comprehensively renovated, expanded and reimagined, 49–51 Spring Street has been transformed to offer the quality, finishes and functionality of modern construction while retaining the established character of the original property. Offered together at $2,250,000, this distinctive two-unit property presents an exceptional opportunity for an investor, multigenerational family or owner-occupant looking to purchase the entire property, live in one residence and generate rental income from the other. Extensive improvements include durable fiber-cement siding, white oak flooring throughout the finished living areas, thoughtfully designed kitchens and baths, updated systems and carefully selected architectural details, including red oak inlay accents above the porch of each residence. Both units offer three levels of finished living space with four bedrooms, three-and-a-half bathrooms and two ensuite bedrooms, providing tremendous flexibility for families, guests and work-from-home needs. Each residence also features convenient second-floor laundry, private outdoor space and ample additional storage in its own clean, unfinished basement, which is not included in the stated living area. For an investor, the two residences provide the opportunity to generate income from the entire property; for an owner-occupant, the ability to live in one unit while renting the other creates an attractive way to offset ownership expenses; and for a multigenerational family, the configuration allows relatives to live close together while maintaining the privacy and independence of separate homes. Ideally located near Tufts University, Medford Square, Somerville and Cambridge, with convenient access to I-93 and Boston, 49–51 Spring Street combines extensive renovation, flexible ownership possibilities and an increasingly difficult-to-find two-unit configuration.

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Recently Sold Nearby

Property History

Market Insights

62.2%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Sep 23, 2026
$2,250,000
Original listing
Agent: Ryan Cook Office: William Raveis R.E. & Home Services
Previous Transaction - MLS #73406436
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 1, 2025
$850,000
MLS #73406436

Tax History

Year Taxes Assessment
2026 $8,985 $1,041,100

Financial Details

Annual Property Tax
$8,985
Tax Year 2026
Assessed Value
$1,041,100

Facts & Features

Central AC
New Construction

Home Facts

Type Residential Income
Style 2 Family - 2 Units Side by Side
Year Built 2026
Living Area 3,540 sq ft
Lot Size 0.12 acres
Stories 6
Bedrooms 8
Full Baths 6
Half Baths 2
Total Rooms 15

Investment Metrics

Units 2
Unit 1 Rent $5,500/mo · N
Unit 2 Rent $5,000/mo · N
Total Monthly Rent $10,500/mo
Gross Income $66,000
Net Operating Income $66,000
Cap Rate 2.93%
Heating Central, Electric
Cooling Central Air
Flooring Wood, Tile, Hardwood, Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Range Hood
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Bulkhead, Concrete, Unfinished
Laundry Washer Hookup, Dryer Hookup, Washer & Dryer Hookup, Electric Dryer Hookup
Features Pantry, Cathedral/vaulted Ceilings, Storage, Crown Molding, Stone/granite/solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Shower Stall, Bathroom With Tub, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Internet Available - Broadband, Living Room, Dining Room, Kitchen, Office/den, Sunroom
Construction Frame
Architecture None
Roof Shingle
Features Balcony/deck, Rain Gutters
Pool None
Spa None
Fencing Fenced
Patio/Porch None
Features Off Street, Tandem, Assigned, Deeded, Driveway, Stone/gravel
Total Spaces 3
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $8,985
Assessed Value $1,041,100
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Taxes And Assessed Value Currently Reflect The Entire Property Pre Renovation And Are Subject To Adjustment By The City Of Medford Following Closing. Public Records Will Reflect Each Unit As A Three-bedroom Townhome. Some Images Are Virtually Enhanced.
Possession None
Accepted Financing None
Structure Type []
House Color Light Blue
Sq Ft Source Owner
Sq Ft Disclosures Clean, refurbished basement space not included in the stated living area.
Documents None
County Middlesex

Property Overview

Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
2026
Bedrooms
8
Full Bathrooms
6
Half Bathrooms
2
Living Area
3,540 sq ft
Total Rooms
15
Stories
6
Levels
6

Floor Layout

Interior Features

Flooring: Wood, Tile, Hardwood, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Range Hood
Interior Features: Pantry, Cathedral/Vaulted Ceilings, Storage, Crown Molding, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Internet Available - Broadband, Living Room, Dining Room, Kitchen, Office/Den, Sunroom
Windows: Picture Window, Skylight(s)
Basement: Full, Walk-Out Access, Interior Entry, Bulkhead, Concrete, Unfinished
Laundry: Washer Hookup, Dryer Hookup, Washer & Dryer Hookup, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 2026
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 6

Heating, Cooling & Utilities

Heating: Central, Electric
Heating Zones: 6
Cooling: Central Air
Cooling Zones: 6
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Rain Gutters
Patio & Porch:
Fencing: Fenced
Other Structures:
Lot Features: Corner Lot, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street, Tandem, Assigned, Deeded, Driveway, Stone/Gravel

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $749
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

49-51 Spring Street, Medford MA 02155

Medford, MA 02155

Listing Information

Listing Agent Ryan Cook
Listing Office William Raveis R.E. & Home Services
Office Phone 617-964-1850
Agent MLS ID CN233834
Office MLS ID M95266
Listing Data Updated Sep 23, 2026 7:03 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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