This classic West Medford two-family offers incredible potential and a rare opportunity for investors, multi-generational buyers, or end users looking to create their own vision. Perfect for those seeking a home with income, each unit is thoughtfully laid out with two bedrooms, a full bath, a large kitchen, open living and dining rooms, plus a bright office/sunroom—ideal for working from home or relaxing with morning coffee. The second-floor unit also includes a generous foyer, perfect for a mudroom or additional office space. With its timeless wood siding, welcoming porches and a great yard ready for play space or a vegetable garden, this home has both charm and versatility. Practical updates include newer roof, decks, unit 1 oil tank, and the sizable driveway provides ample off-street parking. Tucked into a lovely neighborhood near the commuter rail, Fells, schools, and everything West Medford has to offer! This is an outstanding chance to invest, live, and grow in a prime location.
This home has been viewed 24 times
Last Checked: November 28th, 2025 at 5:48am (Source: MLS PIN #73444726)
Gross Income: $9,000
Gross Expenses: $7,536
Net Income Calc: $1,464
CAP Rate: 0.15%
Annual Expenses for 40 Century Street, Medford MA 02155
Total Gross Expenses (Calculated)$7,536/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,536
Annual Income & Unit Breakdown for 40 Century Street, Medford MA 02155
Total Gross Income (Calculated)$9,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water)
Unit 2
Rental Income$750
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water)
General Information for 40 Century Street, Medford MA 02155
Listing ID73444726
Property TypeMulti Family / 2 Family
Price$995,000 ($408.46/SqFt)
Style2 Family - 2 Units Up/down
CityMedford
CountyMiddlesex
MLS AreaWest Medford
Neighborhood(s)
Approximate Living Area Total2,436 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking4
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionBlock,Stone
Accessible Features
Outdoor SpacePorch
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 40 Century Street, Medford MA 02155
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureLiving area is approximate. Buyers/agents do due d
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$9,000
Total Net Income By Broker$9,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 40 Century Street, Medford MA 02155
Real Estate Taxes$7,536
Tax Year2025
Assessed Value$994,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$9,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$9,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.15%
Location Information for 40 Century Street, Medford MA 02155
Elementary SchoolBrooks
Middle SchoolMcglynn/Andrews
High SchoolMhs/Mvths
Neighborhood(s)
MLS AreaWest Medford
Area AmenitiesConservation Area, Park, Public Transportation, T-station
Contact Information for 40 Century Street, Medford MA 02155