
84-90 Park Street Medford — Photo 1 of 20
$2,578,000
Investment Analysis — 84-90 Park Street
Medford, MA 02155
Based on rent reported on the MLS listing, a 4-unit multi-family in 02155 carries $9,400/mo in gross rent — about a 2.78% cap rate and $71,756/yr in estimated NOI at the $2,578,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4
SqFt
3,744
Style
2 Family - 2 Units Side by Side
Built
1982
Presenting 84-86 & 88-90 Park Street. A truly rare investment opportunity to acquire 2 adjacent two-family properties on contiguous lots, both built by the current owner and offered together as one exceptional four-unit package in a prime, highly accessible Medford location. One property occupies a prominent corner lot, enhancing the package's visibility and long-term appeal. The offering includes four 4-room units, each featuring a living room, kitchen, two bedrooms, and a full bath, including one recently remodeled first-floor apartment. Separate utilities, central air, approximately two off-street parking spaces per unit, and yard space contribute to strong tenant appeal while simplifying long-term ownership. Ideally situated with outstanding access to I-93, major roadways, public transportation, Wellington MBTA Station, Assembly Row, Medford and Haines Squares, the Mystic River, shopping, dining, and everyday conveniences. Opportunities to acquire side-by-side multi-family properties of this nature are exceptionally scarce, making this a standout offering for investors seeking scale, stability, and long-term growth potential. Also being sold as 2 separate two-family properties. See MLS#73559603 (84-86 Park Street, Medford) & MLS#73559604 (88-90 Park Street, Medford).
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access
Geography
Listing Agent: John Veneziano
Listing Office: REMAX Andrew Realty Services
MLS® Number: 73559606
