87-89 Spring Street, Medford, MA 02155

Medford
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
87-89 Spring Street,Medford, MA 02155
$1,499,000
  • 9 Beds
  • 5 Baths
  • 3,388 sq. ft.
  • Multi-family
  • Active
Listed by: the shahani group, jeetendra shahani
Office: compass
MLS#:73500616
Source:MLSPIN

Price summary

  • Price:$1,499,000
  • Price per sq. ft.:$442.44

About this home

Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool with good cash flow. This property features two separate structures on one lot, a total of four units! Convenient location to transportation and shopping. Tenants pay for their own utilities. The property consists of a large 5-bedroom, 1 two-bedroom, and 2 one-bedroom apartments. The property has had several updates over the years, including replaced water heaters, newer heater systems, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase future value considerably.

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Home facts

  • Year built:1900
  • Listing ID #:73500616
  • Updated:May 23, 2026 at 10:40 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:20
  • Basement Description:Full
  • Living area:3,388 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:3,388 sq. ft.
  • Lot area:0.1 Acres
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,499,000
  • Price per sq. ft.:$442.44
  • Tax amount:$7,630 (2025)

Parking

  • Total parking spaces:3
  • Parking description:Off Street, On Street, Paved Drive
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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