27 Princeton St, Medford, MA 02155
Middlesex County
Key Facts
Description
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 four off-street parking spaces. Condominium documents are already in place, providing flexibility for future ownership strategies and streamlining a condo conversion. Excellent opportunity for investors or developers seeking strong cash flow and long-term upside in a highly desirable location.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1910
Stories
3
Living Area
3,693 sq ft
Lot Size
0.09 acres
Parking Spaces
2
Zoning
R2
Days on Market
4
MLS® Listing#
73523617
Property Features
Appliances
Basement
Parking
Patio
Lot Features
Construction
Foundation
Roof
Community
Sewer
Water Source
Financial Details
Annual Taxes
$9,976
Tax year 2025
Assessed Value
$113,360
Parcel Number
643887
Directions
gps
Affordability Calculator
$295,000
Estimated monthly payment
$7,851/mo
Principal $1,180,000 · Est. interest $1,646,205 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Medford, MA
- $916,667
- Median Listing Price
- 46
- Median Days on Market
- 2,026
- Median Sq Ft
- $501
- Median Price / Sq Ft
- 118
- Active Listings
- This home’s price is 61% above the area median.
- Its price per sq ft is 20% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Medford, MA.
Location
Points of Interest in Medford, MA
Showing the Medford area map.
Nearby Schools
Curtis-Tufts High School
Secondary · 0.3 mi away
Eliot-Pearson Children's School
School · 0.4 mi away
Andrews School
Secondary · 0.5 mi away
Lorin L Dame School
School · 0.5 mi away
Missituk Elementary School
Elementary · 0.5 mi away
The Fletcher School
School · 0.6 mi away
John J McGlynn Elementary School
Elementary · 0.6 mi away
Benjamin G Brown School
Elementary · 0.7 mi away
Global Development and Environment Institute
School · 0.8 mi away
Somerville Community Schools
School · 0.8 mi away
West Somerville Neighborhood School
Elementary · 0.9 mi away
Launch & Learn
School · 0.9 mi away
Arthur D. Healey School
Elementary · 0.9 mi away
Swan Elementary School
Elementary · 1.0 mi away
Matignon High School
Secondary · 1.1 mi away
Winter Hill Community Elementary School
Elementary · 1.1 mi away
Conwell Elementary School
Elementary · 1.2 mi away
International School of Boston
Secondary · 1.2 mi away
John F Kennedy School
Elementary · 1.2 mi away
Milton Fuller Roberts Elementary School
Elementary · 1.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 320 Fellsway West, Medford, MA | $1,630,000 | 9 | 3 | 4,128 |
| 33 Farragut Ave, Medford, MA | $1,729,900 | 8 | 4 | 3,411 |
Moving Cost Estimate
EXIT Agents in Medford
Listing Courtesy: Jacob Realty, LLC - 6172082111
Presented by: Thomas Macdonald