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    124 Grant Ave Medford, MA 02155

    For Sale
    $1,649,000

    Three-family property in prime location with immediate cash flow potential.

    Lot size:
    0.14 Acres

    Property Features for 124 Grant Ave

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1900

    Source: Compass Agent Hans Nagrath

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Three-Family in Medford

    This well-maintained three-family property is located in Medford, minutes from Tufts, Medford Square, and the Green Line Extension. The property is suitable for investors or owner-occupants, offering immediate cash flow and long-term upside. The first-floor unit has been fully renovated with two bedrooms, one bath, and an open layout. The second-floor unit mirrors the first and includes front and rear decks, with potential to convert into a three-bedroom for increased income. The third unit is a well-appointed one-bedroom, one-bath. Features include two garage spaces, three off-street parking spots, and separate metering for all units. The property has a solid rental history and provides easy access to public transit, I-93, and area amenities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0929905
    Latitude
    42.421357

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    FAQs

    What type of property is this?
    Triplex - Three-family property in prime location with immediate cash flow potential.
    Where is this triplex located?
    The property is located at 124 Grant Ave Medford, MA.
    What is the asking price?
    The asking price for this property is $1,649,000.
    What are key features of this property?
    This property features: - Prime Medford location: Minutes from Tufts, Medford Square, and the Green Line Extension.; - **Fully renovated first-floor unit with two bedrooms and one bath.**; - Strong income potential: Three units with solid rental history and separate metering.
    (646) 577-1294
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124 Grant Ave Medford, MA 02155
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