Active
38 Days on market
88-90 Park St Medford — Photo 1 of 17

88-90 Park St Medford — Photo 1 of 17

$1,289,000

Investment Analysis — 88-90 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 2.79% cap rate and $35,960/yr in estimated NOI at the $1,289,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,872

Style

Multi Family

Built

1982

Sited on a prominent corner lot in a highly convenient Medford location, this appealing two-family presents an outstanding opportunity for investors and/or owner-occupants. Built by the current owner, each nicely-sized 4-room unit offers a living room, kitchen, 2 bedrooms, and a full bath. Separate utilities, central air, and 2 car off-street parking for each unit enhance the property's long-term appeal, providing the comfort, convenience, and functionality that make ownership easy. Ideally situated with quick access to I-93, major roadways, public transportation, Wellington MBTA Station, Assembly Row, Medford and Haines Squares, the Mystic River, shopping, dining, and everyday conveniences. Whether you're expanding an investment portfolio or looking to offset ownership costs with rental income, this property offers exceptional versatility and long-term appeal. Also available as part of a unique package with the neighboring two-family at 84-86 Park Street (MLS #73559603), or as the combined 84-90 Park Street 2-property package. See MLS #73559606 for 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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,289,000
Annual Taxes$6,904

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningSF2

Property & Lot

Acres0.12
SqFt Lot5,265
Lot FeaturesCorner Lot, Level, Other

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area

Geography

Listing Provided By

Listing Agent: John Veneziano

Listing Office: REMAX Andrew Realty Services

MLS® Number: 73559604