Fully Renovated 2-Family
33 Farragut Ave Medford, MA 02155
33 Farragut Ave, Medford, MA, 02155
$1,780,000
For Sale
$1,780,000
Two renovated duplex-style units with private entrances, updated systems, large yard, shed, ample parking, and basement storage.
Property Size3,411 SF
Price / SF$521.84
Days on Market44
Property Features for 33 Farragut Ave
General Information
- Standard status
- Active
- Size
- 3,411 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1900
Listing agency
Doherty Properties
(978) 857-9580
Listed by
Christian Doherty
(978) 857-9580
Source
Lockandkeyre
Added: Jun 9 Updated: Jul 21 at 1:05PM Checked: Jul 21 at 1:05PM
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 Doherty Properties
Investment Insights
Based on property information with market context.
This fully renovated 2-family property offers two duplex-style units. Unit 1 features 4 bedrooms and 2 full baths with an open-concept layout, highlighted by gray-blue cabinetry, granite countertops, stainless steel appliances, kitchen islands, hardwood floors, and abundant storage. Unit 2 provides a spacious duplex configuration with 4 bedrooms, 2 full baths, additional living space, and a top-level kitchenette. Both units have been upgraded with new flooring and lighting as well as refreshed interior elements.
Recent major improvements include siding and windows (2021), heating and A/C systems (2024), and hot water heaters (2024). The homes also include private entrances, a large yard for outdoor use, a shed, and basement storage, along with ample parking.
Located near Medford Square and Assembly Row, the property is also close to shopping, dining, entertainment, public transportation, and downtown Boston.
Recent major improvements include siding and windows (2021), heating and A/C systems (2024), and hot water heaters (2024). The homes also include private entrances, a large yard for outdoor use, a shed, and basement storage, along with ample parking.
Located near Medford Square and Assembly Row, the property is also close to shopping, dining, entertainment, public transportation, and downtown Boston.
Key Highlights
- Renovated 2‑family built in 1900 featuring two duplex‑style units with private entrances.
- Unit 1: duplex‑style 4 bedrooms and 2 full baths with hardwood floors, granite countertops, and stainless steel appliances.
- Unit 2: duplex‑style 4 bedrooms and 2 full baths with additional living space and a top‑level kitchenette.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.5k | $31.80 |
| − Vacancy | −$5.4k | −$1.57 |
| EGI | $103.1k | $30.23 |
| − OpEx | −$30.9k | −$9.07 |
| NOI | $72.2k | $21.16 |
3,411 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$902.2K – $1.20M
NOI $72,178 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$969.5K
$848.3K – $1.13M
NOI $67,867 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,351 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two renovated duplex-style units with private entrances, updated systems, large yard, shed, ample parking, and basement storage.
Where is this duplex located?
The property is located at 33 Farragut Ave Medford, MA.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: Renovated 2‑family built in 1900 featuring two duplex‑style units with private entrances.; Unit 1: duplex‑style 4 bedrooms and 2 full baths with hardwood floors, granite countertops, and stainless steel appliances.; Unit 2: duplex‑style 4 bedrooms and 2 full baths with additional living space and a top‑level kitchenette.
