Large and well-maintained 2-Family home in a desirable Medford location - right around the corner from Tufts, the Medford/Tufts T Stop and a multitude of major roadways. In a market flooded with vacant multi-families, 221-223 Boston Ave. provides buyers with a fully leased asset requiring very little upkeep. Unit #1 is comprised of an expansive 2 bed, 1 bath with an oversized living/dining room area, solid eat-kitchen, two big bedrooms and a full bath in the center of the floorplan. Upstairs, unit #2 consists of a sprawling 4 bed, 2 bath spread across two levels. The primary level features a nearly identical layout to unit #1 - with a huge LR/DR combo, eat-in kitchen, two bedrooms and a bath, but it also offers a sizable study/office space, a sunny front deck and secluded back porch. Two additional bedrooms and a second full bath round out the third-floor, as well as a bonus room with in-unit laundry. Outside, exterior amenities include a long 4-car driveway, detached garage and enclosed backyard.
This home has been viewed 11 times
Last Checked: October 19th, 2026 at 7:33am (Source: MLS PIN #73590926)
Gross Income: $76,800
Gross Expenses: $8,854
Net Income Calc: $67,946
Annual Expenses for 221-223 Boston Ave., Medford MA 02155
Total Gross Expenses (Calculated)$8,854/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8854
Annual Income & Unit Breakdown for 221-223 Boston Ave., Medford MA 02155
Total Gross Income (Calculated)$76,800
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 221-223 Boston Ave., Medford MA 02155
Listing ID73590926
Property TypeMulti Family
Price1250000 ($420.73/SqFt)
StyleMulti Family
CityMedford
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2971
Approximate Lot Size (Acres)0.07
Total Parking4
Garage Parking0
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
ZoningGR
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 221-223 Boston Ave., Medford MA 02155
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSurveillance Devices
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 221-223 Boston Ave., Medford MA 02155
Real Estate Taxes8854
Tax Year2026
Assessed Value$1,025,900
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 221-223 Boston Ave., Medford MA 02155
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 221-223 Boston Ave., Medford MA 02155