$1,499,000
Active87-89 Spring Street
Medford, MA, 02155
Multi-Family · MLS #73500616
Price/sqft
$442
Days on market
New today
Year built
1900
Lot size
0.10 ac
3,388 sq ft
Sq Ft
0.10 acres
Lot
1900
Year Built
Taxes: $7,630 (2025)
About this home
Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool with good cash flow. This property features two separate structures on one lot, a total of four units! Convenient location to transportation and shopping. Tenants pay for their own utilities. The property consists of a large 5-bedroom, 1 two-bedroom, and 2 one-bedroom apartments. The property has had several updates over the years, including replaced water heaters, newer heater systems, 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 future value considerably.
Property details
- Basement
- Full
Listed by The Shahani Group · Compass
Schedule a showing
87-89 Spring Street
Estimated payment
$8,840 / month
Loan term
- Principal & interest
- $7,580
- Property tax
- $636
- Home insurance
- $625
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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