Massachusetts
Medford
87-87A Spring Street

$1,599,000

87-87A Spring Street, Medford, MA 02155

9 beds |
5 baths |
3,388 sqft

Multi-Family Home
Built in 1900
4,356sqft lot
—— car garage
$472/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Date Added:: May 14, 2025 at 05:00AM
Listing Office:: Compass : 617-752-6845
Listing Agent:: The Shahani Group : 617-216-1493
MLS ID:: 73374735

Basement: Full
Flooring: Wood
Fireplace: Fireplaces: 0

This listing courtesy of The Shahani Group, Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

McGlynn Elementary School

3002 Mystic Valley Pkwy, Medford, MA, 02155

Grades PK-5

0.49 miles away

Andrews Middle School

3000 Mystic Valley Pkwy, Medford, MA, 02155

Grades 6-8

0.38 miles away

Curtis-Tufts

437 Main St, Medford, MA, 02155

Grades 11-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.