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$1,495,000
Total Beds: 6 Total Baths: 4
Total Units: 3 SQFT: 2775
LOT size: 0.03 Acres
530-532 Medford St
Boston, MA 02129
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Property Description

530-532 Medford Street is a 3-unit multifamily property located in Charlestown, where multifamily assets rarely trade hands. The property features one 4-bedroom / 2-bathroom unit, one 2-bedroom / 1-bathroom unit, and one studio unit, all with private laundry setups plus porches off the back. Exceptionally maintained by the same owners for decades, Medford Street presents a unique value-add opportunity with immense upside from current rents. It is perfect for owner occupied buyers, as the 4-bed / 2-bath unit has its own private entrance, while the other two units have their own entrance. Condo conversion opportunities are also possible, potentially as two townhouse style condos, or three condos using current layouts. Utilities are fully separate (other than water/sewer) with three gas boilers heating FHW baseboards, three hot water tanks, and separate electric. Close to the Orange Line, bus routes, Route 93, Bunker Hill, Assembly Square, Encore Casino, and Downtown Boston.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Basement Features: Concrete Floor, Interior Access, Unfinished Basement
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 88800
  • Gross Expenses: 18577
  • Water/Sewer: 1209
  • INSC: 2931
  • Repairs & Maintenance: 1500
  • Net Operating Income: 67559

Utilities

  • Heat Zones: 3
  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: Washer Hookup, for Gas Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1879
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73471206
  • Last Updated: 01/26/26

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Map

Seller's Representative: Nicholaus Jasinski, Matthews Real Estate Investment Services, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-01-26 03:05:00

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