Stunning Tufts University residence situated on the Medford/Somerville Line. A sturdy 4-family building, complemented by a 3-car garage with off-street parking, awaits its new owner. This property has been cherished by a family for over 75 years.This home comprises 3, one-bedroom units plus a chic, remodeled 2-bedroom, 2-full-bath apartment. Its prime location is a significant draw, offering easy access to the New MBTA Ball Square Green Line T station, Tufts U, and the Trendy shops and restaurants of Medford, Ball Square & Davis Square, Somerville.This FULLY RENTED, stabilized asset presents substantial upside potential. It also holds the possibility for a condo conversion. Recent improvements in 2025 include a newly paved driveway valued at over $20K and new vinyl fencing. Located in a high-demand area with a proven rental history, this property offers a unique opportunity to possibly capitalize on the 100% Bonus Depreciation available under the new tax laws with a cost seg study.
Property Features
Basement
Full
Interior Entry
Sump Pump
Concrete
Unfinished
Parking
Paved
Off Street
On Street
Cooling Information
None
Wall Unit(s)
Heating Information
Baseboard
Oil
House Interior
Ceiling Fan(s)
Open Floorplan
Water Features
Public
School Information
School Information for 31 Wareham St, Medford, MA 02155
Elementary School
Ask City
Middle School
Ask City
High School
Medford High
Listing Courtesy: Barnard Real Estate Advisors, LLC - 781-953-9713