116-118 Summer Street, Medford MA 02155

Medford, MA 02155
$1,220,000
Est. $6,493/month
7
Beds
3
Baths
2,869
Sq Ft
$425
Price/Sq Ft
0.10
Acres
1910
Year Built
Multi Family
Type
29
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73236785

About this home

Located in close proximity to Tufts University and less than a mile form the MBTA Green Line, the property is a well maintained two-unit property with value-add components. The first-floor lives like an owners unit, with recent upgrades such as custom bath, custom sound system, updated kitchen, in unit washer & dryer, and an additional bonus room to serve as a dining room or home office. The second-floor unit features a five-bedroom two-bathroom layout which allows investors or owner occupiers to maximize their stream of income. In the rear of the building, ample outdoor space and multiple off street private parking spaces complete the asset.

Sale Statistics

Sale Overview
Original List Price: $1,149,000
Final Sale Price: $1,220,000
Difference: +$71,000 (+6.2%)
Performance Metrics
106.2%
List to Sale Ratio
Sold above asking price
29
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $400
Sale $/sq ft: $425
This property sold for $425 per square foot
Sale Summary

This property sold for 6.2% above the original asking price, indicating strong buyer demand.

With only 29 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1910
Bedrooms
7
Full Bathrooms
3
Living Area
2,869 sq ft
Total Rooms
15
Stories
3
Levels
3

Interior Features

Has Fireplace
No

Exterior & Structure

Foundation
Other
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.10 acres
Lot Size
4,180 sq ft
Lot Size Area
0.1000
Lot Features
Other

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$99
Tax Year
99
Tax Assessed Value
$99
Zoning
99

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

116-118 Summer Street, 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 $8
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.8%
Price Range
31
Total Days on Market

Property Timeline

Sold
Aug 15, 2024
$1,220,000
Property sold
Days on Market: 31
🏠
Listed for Sale
May 13, 2024
$1,149,000
Original listing
Agent: Kevin Benzinger Office: Boston Realty Advisors

Price & Status History

Date Event Price Change
May 13, 2024 New Listing Added $1,149,000

Market Statistics

Days on Market
29 days
Price per Sq Ft
$425

Tax History

Year Taxes Assessment
99 $99 $99

Financial Details

Annual Property Tax
$99
Tax Year 99
Assessed Value
$99

Listing Information

Listing Agent Kevin Benzinger
Listing Office Boston Realty Advisors
Agent MLS ID CN216101
Office MLS ID AN8461

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