Two-Family with In-Unit
34 Orchard Street Medford, MA 02155
34 Orchard Street, Medford, MA, 02155
$900,000
For Sale
$900,000
Spacious two-family residence with dedicated in-unit laundry for each unit and off-street parking.
Property Size2,807 SF
Price / SF$320.63
Days on Market65
Property Features for 34 Orchard Street
General Information
- Standard status
- Active
- Size
- 2,807 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1890
Listing agency
Legacy Realty Advisors LLC
Listed by
Jonathan Mathews
(781) 878-2478
Source
Trufantre
Added: May 18 Updated: Jul 21 at 2:35PM Checked: Jul 21 at 2:35PM
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 Legacy Realty Advisors LLC
Investment Insights
Based on property information with market context.
This spacious two-family home at 34 Orchard Street, Medford, MA offers dedicated in-unit laundry for each unit. The property also includes off-street parking and additional bonus room space within the current layout.
The home is under one mile from Tufts University, supporting steady demand for rental housing. Access to local dining, parks, and commuting options to Boston is described as convenient in the current listing.
An open house is scheduled for Saturday, May 23 from 2:00 PM to 3:30 PM, Sunday, May 24 from 3:00 PM to 4:30 PM, and Tuesday, May 26 from 5:30 PM to 6:30 PM. Please contact the listing broker for details and to arrange a showing outside scheduled times.
The home is under one mile from Tufts University, supporting steady demand for rental housing. Access to local dining, parks, and commuting options to Boston is described as convenient in the current listing.
An open house is scheduled for Saturday, May 23 from 2:00 PM to 3:30 PM, Sunday, May 24 from 3:00 PM to 4:30 PM, and Tuesday, May 26 from 5:30 PM to 6:30 PM. Please contact the listing broker for details and to arrange a showing outside scheduled times.
Key Highlights
- Built in 1890, this spacious 2‑family offers strong flexibility for owner‑occupants or investors.
- Each unit includes dedicated in‑unit laundry.
- Off‑street parking is available on the property.
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 | $89.3k | $31.80 |
| − Vacancy | −$4.4k | −$1.57 |
| EGI | $84.9k | $30.23 |
| − OpEx | −$25.5k | −$9.07 |
| NOI | $59.4k | $21.16 |
2,807 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$848.5K
$742.5K – $990.0K
NOI $59,397 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$797.9K
$698.1K – $930.8K
NOI $55,850 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,321 @ 7.0% cap · market cap 12.92%
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 - Spacious two-family residence with dedicated in-unit laundry for each unit and off-street parking.
Where is this duplex located?
The property is located at 34 Orchard Street Medford, MA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Built in 1890, this spacious 2‑family offers strong flexibility for owner‑occupants or investors.; Each unit includes dedicated in‑unit laundry.; Off‑street parking is available on the property.
