Prime Investment & Business Opportunity Near Tufts. Attention investors and entrepreneurs! This unique mixed-use property offers a versatile street-level commercial space attached to a spacious single-family home is an excellent blend of business potential and rental income. The corner-unit commercial space features a reception area, three workstations, a half bath, and basement storage. Previously used as a real estate office, it’s move-in ready with existing workstations or can be delivered vacant. With high visibility and foot traffic, it can be perfect for a variety of business options. The 5-bedroom, 2.5-bath single-family home spanning three levels is currently leased through May 2026, offering immediate rental income. Separate heating and utilities and separate parking. Located in a sought-after Tufts neighborhood, this well-maintained property boasts a strong rental history and is within walking distance of Tufts University. This is a rare find in a prime location.
This home has been viewed 140 times
Last Checked: March 13th, 2025 at 4:19am (Source: MLS PIN #73337232)
Gross Income: $66,000
Gross Expenses: $5,078
Net Income Calc: $60,922
CAP Rate: 5.10%
Annual Expenses for 121-123 Winthrop St, Medford MA 02155
Total Gross Expenses (Calculated)$5,078/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,078.48
Annual Income & Unit Breakdown for 121-123 Winthrop St, Medford MA 02155
Total Gross Income (Calculated)$66,000
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$5,500
LeaseY
Bedrooms5
Bathrooms2 Full, 1 Half
Floor2
Levels in Unit3
HeatingNo
Rent Includes
General Information for 121-123 Winthrop St, Medford MA 02155
Listing ID73337232
Property TypeMulti Family
Price$1,195,000 ($585.21/SqFt)
StyleMulti Family
CityMedford
CountyMiddlesex
MLS AreaTufts University
Neighborhood(s)
Approximate Living Area Total2,042 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking3 (1 Garage)
Garage Parking1 / Detached
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
Zoning000000
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 121-123 Winthrop St, Medford MA 02155
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$24
Total Net Income By Broker$24
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 121-123 Winthrop St, Medford MA 02155
Real Estate Taxes$5,078.48
Tax Year2025
Assessed Value$613,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$24
BostonRealEstate.com Gross Income
Total Net Income By Broker$24
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.10%
Location Information for 121-123 Winthrop St, Medford MA 02155
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaTufts University
Area Amenities
Contact Information for 121-123 Winthrop St, Medford MA 02155