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$1,375,000
Total Beds: 6 Total Baths: 3
Total Units: 3 SQFT: 3203
LOT size: 0.14 Acres
124 Grant Ave
Medford, MA 02155
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Property Description

Incredible opportunity to own a well-maintained three-family in a prime Medford location, just minutes from Tufts, Medford Square, and the Green Line Extension. Ideal for investors or owner-occupants, this property offers strong rental history, immediate cash flow, and long-term upside. The first-floor unit has been fully renovated with 2 bedrooms, 1 bath, and an open layout. The second-floor unit offers a similar layout with front and rear decks and potential to convert to a 3-bedroom for added income. The third unit features 1 bedroom and 1 bath. Additional highlights include 2 garage spaces, 3 off-street parking spaces, and separate utilities/meters. Convenient access to public transportation, I-93, and local amenities makes 124 Grant Ave an excellent investment in one of Greater Boston's most desirable and accessible locations.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Highway Access, Laundromat, Medical Facility, Park, Public Transportation, Shopping, T-Station, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Appliances: Dishwasher, Range, Refrigerator

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated
  • Gross Operating Income: 90000
  • Gross Expenses: 6655
  • Water/Sewer: 1285
  • INSC: 4370
  • Repairs & Maintenance: 1000
  • Net Operating Income: 71951

Utilities

  • Heat Zones: 3
  • 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

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73573341
  • Last Updated: 09/08/26
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Christopher Gianatassio, CDG Realty Group
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 2026-09-08 14:49:00

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