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$1,099,000
Total Beds: 4 Total Baths: 2
Total Units: 2 SQFT: 2019
LOT size: 0.09 Acres
16 Rice Ave
Medford, MA 02155
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Property Description

Welcome to 16 Rice Ave—an extensively updated two-family home in a prime location near Tufts University and the Green Line Extension. Both units feature renovated kitchens with granite countertops, tile backsplashes, new cabinets, and crown molding. Bathrooms have been fully remodeled with tiled tub/shower surrounds. Major upgrades include new plumbing and stack, copper water main, updated electrical, insulation, solid-core doors, vinyl windows, and enclosed front porches. Both heating systems have been updated. Exterior highlights include newer vinyl siding, roof, composite rear deck, landscaped yard with patio, off-street parking and much more! Perfect for owner-occupants or investors!

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: House of Worship, Park, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, University
  • Basement Features: Full, Interior Access
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Crown Molding, Internet Available - Unknown, Stone/Granite/Solid Counters, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Refrigerator - ENERGY STAR, Washer Hookup
  • Common Heating: Central Heat, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators, Oil, Radiant, Steam

Financial

  • APOD Available: No
  • Gross Operating Income: 60000
  • Net Operating Income: 60000

Utilities

  • Heat Zones: 2
  • Electric Info: 200 Amps, Circuit Breakers, Individually Metered, Underground
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73392583
  • Last Updated: 06/18/25
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Peter Ziobro, Ziobro Real Estate Group, LLC
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 2025-06-18 12:21:00

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