530-532 Medford Street is a 3-unit multifamily property located in Charlestown, where multifamily assets rarely trade hands. The property features one 4-bedroom / 2-bathroom unit, one 2-bedroom / 1-bathroom unit, and one studio unit, all with private laundry setups plus porches off the back. Exceptionally maintained by the same owners for decades, Medford Street presents a unique value-add opportunity with immense upside from current rents. It is perfect for owner occupied buyers, as the 4-bed / 2-bath unit has its own private entrance, while the other two units have their own entrance. Condo conversion opportunities are also possible, potentially as two townhouse style condos, or three condos using current layouts. Utilities are fully separate (other than water/sewer) with three gas boilers heating FHW baseboards, three hot water tanks, and separate electric. Close to the Orange Line, bus routes, Route 93, Bunker Hill, Assembly Square, Encore Casino, and Downtown Boston.
This home has been viewed 9 times
Last Checked: January 23rd, 2026 at 8:13am (Source: MLS PIN #73471206)
Gross Income: $88,800
Gross Expenses: $18,577
Net Income Calc: $70,223
CAP Rate: 4.70%
Annual Expenses for 530-532 Medford St, Boston MA 02129
Total Gross Expenses (Calculated)$18,577/year
APOD AvailableYes
Heating
Electricity
Water$1,209
Gas$1,209
Insurance$2,931
Sewer$1,209
Trash Removal
Repair & Maintenance$1,500
Management
Miscellaneous
Real Estate Tax$12,937
Annual Income & Unit Breakdown for 530-532 Medford St, Boston MA 02129
Total Gross Income (Calculated)$88,800
Unit 1
Rental Income$3,400
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit3
HeatingNo
Rent Includes
Unit 2
Rental Income$2,200
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
Unit 3
Rental Income$1,800
LeaseY
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 530-532 Medford St, Boston MA 02129
Listing ID73471206
Property TypeMulti Family / 3 Family
Price$1,495,000 ($538.74/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total2,775 SqFt
Approximate Lot Size (Acres)0.03 acres
Total Parking0
Garage Parking
Year Built1879
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor SpacePorch
ZoningRH-1500
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 530-532 Medford St, Boston MA 02129
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$18,577
Total Gross Income By Broker$88,800
Total Net Income By Broker$67,559
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 530-532 Medford St, Boston MA 02129
Real Estate Taxes$12,937
Tax Year2025
Assessed Value
Financial Data SourceOwner
Total Gross Expenses By Broker$18,577
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$88,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$67,559
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.70%
Location Information for 530-532 Medford St, Boston MA 02129
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 530-532 Medford St, Boston MA 02129
Agent
Name: Nicholaus Jasinski
Office
Name: Matthews Real Estate Investment Services, Inc.