Incredible opportunity to own a well-maintained three-family in a prime Medford location minutes from Tufts, Medford Square, and the Green Line Extension. Perfect for investors or owner-occupants, this property offers immediate cash flow and long-term upside. The first-floor unit has been fully renovated with two bedrooms, one bath, and an open layout. The second-floor unit mirrors the first and includes front and rear decks, with potential to convert into a three-bedroom for increased income. The third unit is a well-appointed one-bedroom, one-bath. Features include two garage spaces, three off-street parking spots, and separate metering for all units. Solid rental history. Easy access to public transit, I-93, and area amenities makes 124 Grant Ave a smart buy in one of Greater Boston’s most accessible and appreciating neighborhoods.

Property Details

Price:
$1,795,000
MLS #:
73374470
Status:
Active
Beds:
6
Baths:
3
Address:
124 Grant Ave
Type:
Multi Family
Subtype:
3 Family
City:
Medford
Listed Date:
May 14, 2025
State:
MA
Finished Sq Ft:
3,203
Total Sq Ft:
3,203
ZIP:
02155
Lot Size:
6,136 sqft / 0.14 acres (approx)
Year Built:
1900
Units:
3

Schools

Elementary School:
Mps
Middle School:
Mps
High School:
Mps

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Tile, Hardwood
Heating
Forced Air, Natural Gas
Laundry Features
Washer Hookup, Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame
Parking Features
Paved Drive
Parking Spots
5
Roof
Shingle

Financial

Net Operating Income
$86,700
Tax Year
2025
Taxes
$10,010

Map

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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124 Grant Ave
Medford, MA