Great condo conversion or owner-occupant opportunity with strong income potential. Live in one unit while the other helps offset your mortgage, or explore expansion potential. Located near downtown Stoneham, shops, schools, restaurants, parks, public transportation, the Tri-Community Greenway, and quick access to I-93. This oversized two-family offers 6 bedrooms and 3.5 bathrooms across ~2,970 sq ft. First-floor unit features updated cabinets, quartz countertops, stainless steel appliances, and 1.5 baths with newer washer/dryer, fridge, and dishwasher. Second-floor unit offers 3 beds, 2 baths, and in-unit laundry. Both units currently rented for $6,500+/month with potential to increase. Abundance of off-street parking, separately metered utilities, and newer water heaters make this a turn-key investment.
This home has been viewed 2 times
Last Checked: May 1st, 2026 at 7:58pm (Source: MLS PIN #73510475)
Gross Income: $78,468
Gross Expenses: $15,645
Net Income Calc: $62,823
Annual Expenses for 28 Washington St., Stoneham MA 02180
Total Gross Expenses (Calculated)$15,645/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8583.19
Annual Income & Unit Breakdown for 28 Washington St., Stoneham MA 02180
Total Gross Income (Calculated)$78,468
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 28 Washington St., Stoneham MA 02180
Listing ID73510475
Property TypeMulti Family / 2 Family
Price1099000 ($370.03/SqFt)
Style2 Family - 2 Units Up/down
CityStoneham
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2970
Approximate Lot Size (Acres)0.22
Total Parking8
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRB
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 28 Washington St., Stoneham MA 02180
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsNo
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 28 Washington St., Stoneham MA 02180
Real Estate Taxes8583.19
Tax Year2026
Assessed Value$853,200
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 28 Washington St., Stoneham MA 02180
Neighborhood(s)
Area Amenities
Contact Information for 28 Washington St., Stoneham MA 02180