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Renovated First-Floor Apartment Unit
For Lease
$3,000/Mo
Pending

40-42 Walnut Street # 1, Medford, MA 02155

First-floor 2-bedroom, 1-bath rental with central A/C, hardwood floors, and 2 off-street parking spaces.

Space SizeContact for details
Property Size1,000 SF
Days on Market42

Property Features for 40-42 Walnut Street # 1

General Information

Standard status Pending
Size 1,000 SF
Total Parking Spaces 2
Property subtype Apartment

Additional Details

Highway Access Yes

Amenities

central AC
ceiling fans
hardwood floors
ceramic tile
granite counters
new appliances
dishwasher
over-sized range
coin-op laundry

Building Details

Building Size 1,000 SF
Year Built 1920
Year Renovated 2023
Listing Agency: Keller Williams Realty Boston Northwest
Listed By: Jennifer M. Keenan
Source: Jonathanradford
Added: Jul 11 Changed: Aug 8 Last Checked: Jul 30 at 10:45AM

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 Keller Williams Realty Boston Northwest

Investment Insights

Based on property information with market context.

This fully renovated first-floor unit offers two bedrooms and one bathroom in a corner-lot setting with ample windows. The kitchen includes ceramic tile, granite counters, and new appliances, including a dishwasher and an oversized range, along with great cabinet storage. The living and dining areas have been combined into an open, flexible space, and the bathroom has been beautifully remodeled with ceramic tile. Hardwood floors run throughout, complemented by central A/C and ceiling fans.

The unit is located in Medford’s Hillside area between Medford Square and Tufts University, with easy access to both Route 93 and the MBTA Medford/Tufts Green Line. Parking is provided via two off-street spaces, and coin-op laundry is available in the basement.

The terms include no pets and no smoking. Tenants are responsible for gas, electric, and cable/internet in addition to rent.

Key Highlights

  • Fully renovated in 2023, with a kitchen featuring ceramic tile, granite counters, and new appliances including a dishwasher and oversized range
  • First‑floor 2‑bedroom, 1‑bath apartment in an owner‑occupied home with hardwood floors throughout
  • Open living/dining layout, plus a remodeled ceramic tile bathroom and two spacious bedrooms

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Restaurant Parking Lot & Garage Grocery & Convenience Store Food Market Pharmacy Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,790
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - First-floor 2-bedroom, 1-bath rental with central A/C, hardwood floors, and 2 off-street parking spaces.
Where is this residential income property located?
The property is located at 40-42 Walnut Street # 1 Medford, MA.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Fully renovated in 2023, with a kitchen featuring ceramic tile, granite counters, and new appliances including a dishwasher and oversized range; First‑floor 2‑bedroom, 1‑bath apartment in an owner‑occupied home with hardwood floors throughout; Open living/dining layout, plus a remodeled ceramic tile bathroom and two spacious bedrooms
More about this property
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