$1,495,000

Estimated payment $8,772/month

Total Views 1,137
6 Beds
3 Baths
3,203 Sq Ft
$467 Price per Sq Ft

Highlights

  • Medical Services
  • Wood Flooring
  • Jogging Path
  • Property is near public transit
  • Solid Surface Countertops
  • Enclosed Patio or Porch

About This Home

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.

Listing Agent

Hans Nagrath

Compass Listed on: 12/03/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,895

Year Built

  • Built in 1900

Lot Details

  • 6,136 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,203 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Mps Elementary And Middle School
  • Mps High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:K13 B:0072,636868

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Additional Features

  • 3 Units
  • Net Operating Income $86,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,895

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 6
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Full
  • Above Grade Finished Sq Ft: 3203
  • Living Area: 3203
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2383

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking Spaces: 5
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:K13 B:0072,636868
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6136
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10895

Multi Family

  • Net Operating Income: 86700
  • Number Of Units Total: 3
  • Total Actual Rent: 7225
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

MLS Schools

  • High School: Mps
  • Elementary School: Mps
  • Middle Or Junior School: Mps

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,895 $1,238,100 $367,500 $870,600
2024 $10,010 $1,174,900 $350,000 $824,900
2023 $9,858 $1,139,600 $327,100 $812,500
2022 $10,000 $1,109,900 $297,400 $812,500
2021 $9,708 $1,031,700 $283,200 $748,500
2020 $9,287 $1,011,700 $283,200 $728,500
2019 $9,135 $951,600 $257,400 $694,200
2018 $8,089 $789,900 $234,000 $555,900
2017 $7,495 $709,800 $218,700 $491,100
2016 $7,107 $635,100 $198,800 $436,300
2015 $6,784 $579,800 $189,400 $390,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 For Sale $1,495,000 -- $467 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73459539

MLS Property Information Network (MLS PIN)

APN: MEDF-000013-000000-K000072