Perfect for 1031 exchange and investors! This is a rare opportunity to buy from the limited 4-family inventory pool. This property features two separate two-family units on one lot, a total of four units! It has been a cash cow for the seller. Convenient location to transportation and shopping. All units have separate utilities. The property consists of a large 5-bedroom, 2-bedroom, and 2 one-bedroom apartments. The property has had several updates over the years, including replaced water heaters, newer heater systems, bathrooms, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase the value considerably.
For sale
Price cut: $50K (6/20)
$1,599,000
87-87-87A Spring St, Medford, MA 02155
9beds
3,388sqft
Est.:
4 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$472/sqft
$-- HOA
What's special
Newer heater systemsReplaced water heaters
- 37 days
- on Zillow |
- 296 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: 12 hours ago
Listed by:
The Shahani Group,
Compass
Source: MLS PIN,MLS#: 73374735
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Features
- Flooring: Wood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,388
- Total interior livable area: 3,388 sqft
- Finished area above ground: 3,388
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Enclosed
Lot
- Size: 4,223 Square Feet
Details
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Location
- Region: Medford
Financial & listing details
- Price per square foot: $472/sqft
- Tax assessed value: $895,000
- Annual tax amount: $7,630
- Date on market: 5/14/2025
- Total actual rent: 11650
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