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87-89 Spring Street, Medford MA 02155

$1,499,000

Estimated $3,066/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $374,750

Total Rent: 139800/year

Estimated CAP Rate:

9 Bedrooms

Baths

3388

Total Parking: 3

4,223 (0.10)

Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool with good cash flow. This property features two separate structures on one lot, a total of four units! Convenient location to transportation and shopping. Tenants pay for their own utilities. The property consists of a large 5-bedroom, 1 two-bedroom, and 2 one-bedroom apartments. The property has had several updates over the years, including replaced water heaters, newer heater systems, 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 future value considerably.

This home has been viewed 7 times

Last Checked: May 27th, 2026 at 8:18am (Source: MLS PIN #73500616)

Gross Income: $139,800

Gross Expenses: $7,630

Net Income Calc: $132,170

Water Views

Annual Expenses for 87-89 Spring Street, Medford MA 02155

Total Gross Expenses (Calculated)$7,630/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7630

Annual Income & Unit Breakdown for 87-89 Spring Street, Medford MA 02155

Total Gross Income (Calculated)$139,800

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms5

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 87-89 Spring Street, Medford MA 02155

Listing ID73500616

Property TypeMulti Family / 4 Family

Price1499000 ($442.44/SqFt)

Style4 Family

CityMedford

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3388

Approximate Lot Size (Acres)0.1

Total Parking3

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRES

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 87-89 Spring Street, Medford MA 02155

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator And Some Personal Belongings

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 87-89 Spring Street, Medford MA 02155

Real Estate Taxes7630

Tax Year2025

Assessed Value$895,000

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 87-89 Spring Street, Medford MA 02155

Neighborhood(s)

Area Amenities

Contact Information for 87-89 Spring Street, Medford MA 02155

Agent

Name: The Shahani Group

Office

Name: Compass

Phone: 617-752-6845

Team Members

Payment Calculator

, Interest

Property Taxes 635.83

Principal & Interest 9236.36

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

The Shahani Group

Agent Phone

Office Phone

(617) 752-6845

Text Agent Call Agent Call Office

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EXIT

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Pending

87-89 Spring Street, Medford MA 02155

$1,499,000

Annual Expenses for 87-89 Spring Street, Medford MA 02155

Annual Income & Unit Breakdown for 87-89 Spring Street, Medford MA 02155

General Information for 87-89 Spring Street, Medford MA 02155

Disclosures for 87-89 Spring Street, Medford MA 02155

Financial Information for 87-89 Spring Street, Medford MA 02155

Location Information for 87-89 Spring Street, Medford MA 02155

Contact Information for 87-89 Spring Street, Medford MA 02155

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Compass

The Shahani Group