Open House Jun 07, 2025
11:00 – 12:30
!! Attention All Investors !! 282 Boston Ave, Medford presents an exceptional opportunity to expand your portfolio, invest in the thriving Tufts University area, or complete a 1031 exchange. Ideally situated just minutes from Tufts Campus, the College Ave Green Line Station, and I-93, this property offers both convenience and investment potential. The 1st floor unit is vacant featuring 4 spacious bedrooms, a living room, and 2 full bathrooms. The unit includes hardwood flooring throughout and a modern kitchen with granite countertops. The 2nd floor unit is a Duplex generating $5,150 in monthly rent. The tenants are TAW. The unit encompasses 5 spacious bedrooms, a Living Room, along with 2 Full Bathrooms. There’s a stylish kitchen with granite countertops, and a mix of hardwood and vinyl flooring. Additional Features: Semi-finished basement, central heating, and tandem parking for 2–3 vehicles. Perfect for the Investor, Owner Occupant, or Condo Conversion.

Property Details

Price:
$1,999,999
MLS #:
73386015
Status:
Active
Beds:
9
Baths:
4
Address:
282 Boston Ave
Type:
Multi Family
Neighborhood:
Tufts University
City:
Medford
Listed Date:
Jun 5, 2025
State:
MA
Finished Sq Ft:
3,437
Total Sq Ft:
3,437
ZIP:
02155
Lot Size:
4,275 sqft / 0.10 acres (approx)
Year Built:
1910
Units:
2

Schools

Interior

Bathrooms
4 Full Bathrooms
Flooring
Vinyl, Hardwood
Heating
Central

Exterior

Community Features
Public Transportation, Laundromat, Highway Access, House of Worship, T- Station, University
Parking Features
Off Street, Paved
Parking Spots
2

Financial

Net Operating Income
$61,800
Tax Year
2025
Taxes
$8,920

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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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282 Boston Ave
Medford, MA