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31 Wareham St Medford, MA 02155

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For Sale
$1,699,999

Four-unit property near Tufts, fully rented with upside potential.

Lot size:
0.22 Acres

Property Features for 31 Wareham St

General Information

Lot size
0.22 Acres

Building Details

Year built
1921

Source: Barnard Real Estate Advisors, LLC Agent Christopher L. Barnard

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


Overview

Tufts University Area Multifamily Residence

This four-family residence is located on the Medford/Somerville Line near Tufts University. The property includes three one-bedroom units and one remodeled two-bedroom apartment with two full bathrooms. A three-car garage and off-street parking are included. The property is fully rented and presents potential for condo conversion. It is located near the new MBTA Ball Square Green Line T station, Tufts University, and the shops and restaurants of Medford, Ball Square, and Davis Square in Somerville. Recent improvements completed in 2025 include a newly paved driveway and new vinyl fencing. The property is located in a high-demand area with a proven rental history and may offer the opportunity to capitalize on bonus depreciation with a cost segregation study. This property has been family-owned for over 75 years and is a stabilized asset.
Location Intelligence

Current Use by Public Records

Quadplexes

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
-71.1092938
Latitude
42.4039836

FAQs

What type of property is this?
Quadplex - Four-unit property near Tufts, fully rented with upside potential.
Where is this quadplex located?
The property is located at 31 Wareham St Medford, MA.
What is the asking price?
The asking price for this property is $1,699,999.
What are key features of this property?
This property features: - Prime location near Tufts University, the new MBTA Ball Square Green Line T station, and the shops/restaurants of Medford, Ball Square & Davis Square.; - Fully rented, stabilized 4-family building with substantial upside potential.; - Remodeled 2-bedroom, 2-full-bath apartment plus three 1-bedroom units.
More about this property
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