Duplex With Detached
27 Pitcher Ave, Medford, MA 02155
For Sale
New
$1,099,000
Each residence has separate utilities, with shared outdoor space and parking on the property.
Property Size2,634 SF
Price / SF$417.24
Days on Market2
Property Features for 27 Pitcher Ave
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Public Transit
Utilities to Site
Units
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
spacious backyard
Full
Wood,Hardwood
Yes
2
3
5
Public Record
Bathroom With Tub & Shower,Living Room,Dining Room,Kitchen,Office/Den
2634
No
Public
0.16
8
Paved Drive,Tandem,Paved
Balcony,Garden
Block
Building Details
Building Size
Year Built
Stories
Listing Agency:
Compass
Listed By:
Tom Sheehan
Source:
Popularproperties
Added: Nov 7
Last Checked: Nov 7 at 1:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
At 27 Pitcher Ave, this two-unit duplex contains 2,634 square feet, with a combined five bedrooms and two bathrooms. Separate utilities serve the units. The property also includes a detached two-car garage, a paved driveway with tandem parking, a balcony, and a garden on a 0.16-acre parcel. Zoning is GR.
The property is near West Medford Square and the commuter rail, with I-93 and Route 2 accessible from the area. Tufts University, the Mystic River Path, and Upper and Lower Mystic Lakes are also nearby.
The property is near West Medford Square and the commuter rail, with I-93 and Route 2 accessible from the area. Tufts University, the Mystic River Path, and Upper and Lower Mystic Lakes are also nearby.
Key Highlights
- Two‑unit duplex with five bedrooms and two bathrooms
- 2,634 square feet on a 0.16‑acre parcel
- Separate utilities for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,736
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,720
$1.1M
Cap Rate 7%
$796,229
$796.2K
Cap Rate 9%
$619,289
$619.3K
Market Conditions
NOI Build-Up for 2,634 SF
Gross rent
$83.8K $31.80/SF
− Vacancy
−$4.1K −$1.57/SF
EGI
$79.6K $30.23/SF
− OpEx
−$23.9K −$9.07/SF
NOI
$55.7K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,114,720
Cap Rate 7%
$796,229
Cap Rate 9%
$619,289
Alternative Uses
Best Use
Multifamily LT 5
$796.2K
$696.7K – $928.9K
NOI $55,736 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$748.7K
$655.1K – $873.5K
NOI $52,408 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $109,152 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
Explore this area
Business Placement
Demographics for 02155, MA
61,483
Population
25,893
Households
2.4
Avg Household Size
36
Median Age
58%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
7,498
Density / Sq Mi
$118,403
Median Household Income
$60,825
Median Earnings
$2,483
Median Rent
$715,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Medford, MA
Properties on Market for Duplexes in Medford
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has separate utilities, with shared outdoor space and parking on the property.
Where is this duplex located?
The property is located at 27 Pitcher Ave Medford, MA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Two‑unit duplex with five bedrooms and two bathrooms; 2,634 square feet on a 0.16‑acre parcel; Separate utilities for each unit
