347 Boston Ave, Medford MA 02155

Medford, MA 02155
$1,870,000
Est. $9,953/month
9
Beds
3
Baths
3,771
Sq Ft
$496
Price/Sq Ft
0.10
Acres
1910
Year Built
3 Family
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73202119

About this home

Rare opportunity to own a 3-family house on Boston Ave, near Tufts University. This property has been cared for by the same owner for over 30 years and has an amazing rental history with Tufts Students. This property is currently fully rented with the leases expiring May 31st, 2024. The current rent is below market value, and the owner has received requests to rent for next semester for an increased rental fee. Each Unit contains 3 bedrooms, a living room, an eat-in kitchen, a pantry, and one full bathroom. Each unit also has access to a stackable washer/dryer in the basement, which is included in the sale. The building also has an unfinished attic walk-up, which could be used for future expansion. The first showings will be at the open house. Offers are due Monday (2/19) by noon. Appointments are required for all viewings, including the Open House. Please reach out to the listing agent to schedule a time slot for Sunday (2/17)!

Sale Statistics

Sale Overview
Original List Price: $1,500,000
Final Sale Price: $1,870,000
Difference: +$370,000 (+24.7%)
Performance Metrics
124.7%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $398
Sale $/sq ft: $496
This property sold for $496 per square foot
Sale Summary

This property sold for 24.7% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1910
Bedrooms
9
Full Bathrooms
3
Living Area
3,771 sq ft
Total Rooms
18
Stories
3
Levels
3

Interior Features

Flooring
Wood, Tile, Vinyl
Heating
Hot Water, Natural Gas, Baseboard
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features
Laundry Room, Mudroom, Sunroom
Basement Details
Interior Entry, Unfinished

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Irregular
Patio/Porch Features
Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.10 acres
Lot Size
4,500 sq ft
Lot Size Area
0.1000
Lot Features
Cleared
Road Frontage Type
Public

Parking & Garage

Has Garage
No

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,547
Tax Year
2023
Tax Assessed Value
$988,100
Parcel Number
M:Q06 B:0007,642474
Zoning
R
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

347 Boston Ave, Medford MA 02155

Medford, MA 02155

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $712
Homeowners Insurance $200
PMI $0

Property History

Market Insights

19.8%
Price Range
7
Total Days on Market

Property Timeline

Sold
Jun 7, 2024
$1,870,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Feb 14, 2024
$1,500,000
Original listing
Agent: Michael Masci Office: North Atlantic Realty Group

Price & Status History

Date Event Price Change
Feb 14, 2024 New Listing Added $1,500,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$496

Tax History

Year Taxes Assessment
2023 $8,547 $988,100

Financial Details

Annual Property Tax
$8,547
Tax Year 2023
Assessed Value
$988,100

Listing Information

Listing Agent Michael Masci
Listing Office North Atlantic Realty Group
Agent MLS ID CN215462
Office MLS ID A80058

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