Active
2 Days on market
14-16 Sumner Ave Medford — Photo 1 of 27

14-16 Sumner Ave Medford — Photo 1 of 27

$1,238,888

Investment Analysis — 14-16 Sumner Ave

Medford, MA 02155

Based on rent reported on the MLS listing, a 3-unit multi-family in 02155 carries $7,800/mo in gross rent — about a 5.02% cap rate and $62,252/yr in estimated NOI at the $1,238,888 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

2,888

Style

3 Family

Built

1910

MAKE BANK! INCOME PRODUCING- OPEN house Thurs 9/24 4-6pm- fully tenanted, strong, 3 family home steps from bus, train, conveniences and more. Large spacious rooms with high ceilings. Many large closets. Flowing, well thought out floor plans. Unit 1 is Kitchen, Living room, 2 bedrooms, full bath, driveway and laundry in LL. Unit 2 is BRIGHT and sunny- Living room, Kitchen, Bedroom, a large room with pocket doors that often doubles as the 2nd bedroom and in unit laundry. Unit 3 is 2 bedrooms, living room and kitchen with a walk through pantry. Ceiling fans, period moldings, FHA heat and hardwood floors throughout in a super convenient location is sought after by tenants. All apartments are leased until 8/31/27 with a combined rent roll of $7800 - room for growth. Open Houses Thursday 9/24 4-6pm and Sunday 9/27 1:30-3pm Offers are requested by Tuesday Sept 29 at 10am.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$1,238,888
Annual Taxes$8,884

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms12
FireplacesNone
FlooringTile, Varies, Hardwood
BasementFull, Walk-Out Access, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningGR

Property & Lot

Acres0.07
SqFt Lot3,200
Lot FeaturesLevel

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Geography

Listing Provided By

Listing Agent: Cosmopolitan Team

Listing Office: Realty ONE Group Cosmopolitan

MLS® Number: 73581934