53 Irving St Medford — Photo 1 of 41
$1,575,000
Investment Analysis — 53 Irving St
Medford, MA 02155 — West Medford
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02155 carries an estimated $8,200/mo in gross rent — about a 3.94% cap rate and $62,038/yr in estimated NOI at the $1,575,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
3
SqFt
3,766
Style
Multi Family
Built
1910
Rare opportunity to own a nicely maintained 2-family home in the heart of desirable West Medford! Stately situated on a corner lot and owned by the same family for over 30 years, this versatile property offers 7 bedrooms, 3 full baths, and endless potential for owner-occupants, investors, or multigenerational living. Unit 1 features two levels of living with access to a walk-up third floor offering future expansion possibilities, while Unit 2 provides the ease of one-level living. The lower level presents additional potential to create more usable space with a walk up attic to explore expanding. Outside, enjoy two spacious decks, a fenced yard, garage, shed, and ample off-street parking. Ideally located just minutes to the commuter rail, major routes, shops, restaurants, parks, and everything Boston has to offer. Home to be delivered vacant at closing - this one won't last!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Listing Agent: Samantha Edwards
Listing Office: Compass
MLS® Number: 73573559
