
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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area
Geography
Listing Agent: John Veneziano
Listing Office: REMAX Andrew Realty Services
MLS® Number: 73559604