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.
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2026 | $0 | $740,600 | $746,900 | — |
| Date | Price | Book/Page |
|---|---|---|
| Feb 10, 2025 | $100 | 83756/432 |
| Dec 29, 2017 | $1 | 70454/0126 |
Discrepancies found between MLS and assessor records.
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Sqft | 2,536 | 3,693 | ✗ |
| Year built | 1,910 | 1,910 | ✓ |
27 Princeton St, Medford MA 02155
Medford, MA 02155
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/26/2026 | 🏠 Listed for Sale | $1,475,000 | - | - | Original listing |
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