Multi Family property with 9 bedroom(s), 3 bathroom(s) in Tufts University Tufts University Somerville MA.
This renovated two-family is a prime investment opportunity. It sits on a quiet street directly adjacent to Tufts and the new Medford/Tufts Green Line T and offers an outstanding opportunity for an investor seeking strong, stable rents with a current annual rent roll of $139,500 through May 2026. Both units offer private entry, stainless steel appliances and many updates – new roof (2025), painted exterior (2024), recently remodeled bathroom with Carrara marble. Unit #1 – leased for $3,825/mo – is a 3 bedroom, 1 bath floor-through with direct access to the spacious front deck and rear yard. Unit #2 – leased for $7,800/mo – a 6 bedroom, 2 bath upper duplex with deck. The clean + spacious walkout basement has separate systems, high ceilings and has potential to increase your rent roll. Heating and electricity is paid for by tenants. Fenced yard, decks and two parking spaces. Dream location for an investor due to unsatisfied off-campus housing need! Close to Davis Square/Red Line T.
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