27 Princeton St, Medford, MA 02155

• 8 beds |
• 2 baths |
• 3,693 sqft

Property Description

Turnkey two-family investment opportunity in a prime Medford location near Tufts University and the Green Line Extension. The property generates $104,400 in annual gross income ($4,300/month for Unit 1 and $4,400/month for Unit 2). Tenants pay their own utilities, with Unit 1 also paying water, helping to minimize operating expenses. Both units offer spacious 4-bedroom layouts with living and dining areas, eat-in kitchens, private laundry, and updated appliances including dishwashers and garbage disposals. Unit 1 features a private deck and wall-unit air conditioning. Unit 2 is an approximately 1,900 SF duplex with a sunroom and generous room sizes. Additional features include four off-street parking spaces. Condominium documents are already in place, providing flexibility for future ownership strategies and streamlining a condo conversion. Excellent opportunity for investors or developers seeking strong cash flow and long-term upside in a highly desirable location.

Listing Status:

Active

Date Added:

May 25, 2026

Data Last Updated:

May 30, 2026 at 9:06PM

Listing Office:

Jacob Realty, LLC : 617-208-2111

Listing Agent:

Thomas Macdonald : 617-290-8255

MLS ID:

73523617

Interior

• General: Living RoomDining RoomKitchenOffice/DenSunroom
• Appliances: RangeDishwasherMicrowaveRefrigeratorFreezerWasherDryer
• Basement: Unfinished
• Fireplace: Fireplaces: 0

Exterior

• Parking: Off StreetParking spaces: 2

Construction

• Roofing: Shingle
• General: Frame3BlockOther

Location

• Road/Access: Public
• Originating MLS: MLS Property Information Network
• County: Middlesex

Lot

• Zoning: R2643887

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: MLS Property Information Network