84-86 Park St Medford — Photo 1 of 19
$1,289,000
Investment Analysis — 84-86 Park St
Medford, MA 02155
Based on rent reported on the MLS listing, a 2-unit multi-family in 02155 carries $4,700/mo in gross rent — about a 2.78% cap rate and $35,796/yr in estimated NOI at the $1,289,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,872
Style
Multi Family
Built
1984
Great opportunity to own a solid, owner-built two-family home in an exceptionally convenient Medford location. Features a recently remodeled first floor unit. Each 4 room unit offers living room, kitchen, 2 bedrooms & full bath. Plus, added bonus of 2 car off-street parking per unit, separate utilities, central air, and a nicely sized, level rear yard for additional outdoor enjoyment. Ideally situated in a central, highly accessible location that affords quick and easy access to I-93, major routes, public transportation, Haines and Medford Squares, Mystic River, Wellington Circle, the MBTA Station, Assembly Row, shops, dining, and everyday conveniences. Excellent income potential adds significant upside, creating broad appeal for both investors and owner-occupants alike. Also available as part of a rare package offering with the adjacent two-family at 88-90 Park Street (MLS #73559604) sited on a corner lot. See MLS #73559606 for additional 2-property package details.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access
Geography
Listing Agent: John Veneziano
Listing Office: REMAX Andrew Realty Services
MLS® Number: 73559603