87-89 Spring Street, Medford, MA 02155

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello 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, 2 two-bedroom, and a one-bedroom apartment. 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:April 17, 2026 at 10:42 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
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