Incredible opportunity to own a well-maintained three-family in a prime Medford location minutes from Tufts, Medford Square, and the Green Line Extension. Perfect for investors or owner-occupants, this property offers immediate cash flow and long-term upside. The first-floor unit has been fully renovated with two bedrooms, one bath, and an open layout. The second-floor unit mirrors the first and includes front and rear decks, with potential to convert into a three-bedroom for increased income. The third unit is a well-appointed one-bedroom, one-bath. Features include two garage spaces, three off-street parking spots, and separate metering for all units. Solid rental history. Easy access to public transit, I-93, and area amenities makes 124 Grant Ave a smart buy in one of Greater Boston’s most accessible and appreciating neighborhoods.
This home has been viewed 22 times
Last Checked: February 17th, 2026 at 5:28am (Source: MLS PIN #73459539)
Gross Income: $86,700
Gross Expenses: $10,895
Net Income Calc: $75,805
Annual Expenses for 124 Grant Ave, Medford MA 02155
Total Gross Expenses (Calculated)$10,895/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10895
Annual Income & Unit Breakdown for 124 Grant Ave, Medford MA 02155
Total Gross Income (Calculated)$86,700
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 124 Grant Ave, Medford MA 02155
Listing ID73459539
Property TypeMulti Family / 3 Family
Price1495000 ($466.75/SqFt)
Style3 Family
CityMedford
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3203
Approximate Lot Size (Acres)0.14
Total Parking9 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRES
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 124 Grant Ave, Medford MA 02155
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsElectric Fireplace
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 124 Grant Ave, Medford MA 02155
Real Estate Taxes10895
Tax Year2025
Assessed Value$1,238,100
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 124 Grant Ave, Medford MA 02155
Elementary SchoolMps
Middle SchoolMps
High SchoolMps
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 124 Grant Ave, Medford MA 02155