$1,499,000

87-89 Spring Street, Medford, MA 02155

9 beds |
5 baths |
3,388 sqft

Multi-Family Home
Built in 1900
4,356sqft lot
—— car garage
$442/sqft
Listed 21 days ago

Property Description

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.

Listing Status:: Active
Date Added:: April 14, 2026
Data Last Updated:: May 5, 2026 at 6:06PM
Listing Office:: Compass : 617-752-6845
Listing Agent:: The Shahani Group : 617-216-1493
MLS ID:: 73500616

Basement: Full
Fireplace: Fireplaces: 0

Parking: Paved DriveOff StreetOn StreetParking spaces: 3

General: 5Stone

Originating MLS: MLS Property Information Network
County: Middlesex

Zoning: RES

Water: Public
Sewer: Public Sewer

Source: MLS Property Information Network

This listing courtesy of The Shahani Group , Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.