Vacant Two-Unit Residential
41 Century Street Medford, MA 02155
41 Century Street, Medford, MA, 02155
$1,175,000
For Sale
$1,175,000
Well-maintained two-unit home with hardwood floors, spacious living areas, and a fenced yard with private outdoor space.
Property Size2,502 SF
Price / SF$469.62
Days on Market106
Property Features for 41 Century Street
General Information
- Standard status
- Active
- Size
- 2,502 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1925
Listing agency
Andrew L Duffy
(617) 448-7935
Listed by
Andrew Duffy · License #9554175
(617) 448-7935
Source
Compass
Added: Apr 8 Updated: Jul 21 at 5:58PM Checked: Jul 21 at 5:58PM
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 Andrew L Duffy
Investment Insights
Based on property information with market context.
This well-maintained multi-family home offers a spacious layout with hardwood floors throughout, along with generous bedrooms and living areas. The exterior features a two-car detached garage, off-street parking, large rear decks, and a fenced-in yard that provides private outdoor space. The property is currently vacant and easy to show.
Located in a commuter-friendly area of West Medford, the home is minutes from downtown Medford and Tufts University, with access to the new commuter rail and express bus/T. It’s also described as within walking distance to Playstead Park/playground, Mystic Lakes, and a variety of cafes, shops, restaurants, and local schools.
Located in a commuter-friendly area of West Medford, the home is minutes from downtown Medford and Tufts University, with access to the new commuter rail and express bus/T. It’s also described as within walking distance to Playstead Park/playground, Mystic Lakes, and a variety of cafes, shops, restaurants, and local schools.
Key Highlights
- Two‑unit (multi‑family) home built in 1925 with 2 full bathrooms
- Interior features include hardwood and tile flooring, crown molding, pantry, and living, dining, kitchen, sunroom, and office/den spaces
- Kitchen appliances included: range, dishwasher, disposal, and refrigerator
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 | $79.6k | $31.80 |
| − Vacancy | −$3.9k | −$1.57 |
| EGI | $75.6k | $30.23 |
| − OpEx | −$22.7k | −$9.07 |
| NOI | $52.9k | $21.16 |
2,502 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$756.3K
$661.8K – $882.4K
NOI $52,943 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$711.2K
$622.3K – $829.7K
NOI $49,781 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,682 @ 7.0% cap · market cap 8.82%
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 - Well-maintained two-unit home with hardwood floors, spacious living areas, and a fenced yard with private outdoor space.
Where is this duplex located?
The property is located at 41 Century Street Medford, MA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Two‑unit (multi‑family) home built in 1925 with 2 full bathrooms; Interior features include hardwood and tile flooring, crown molding, pantry, and living, dining, kitchen, sunroom, and office/den spaces; Kitchen appliances included: range, dishwasher, disposal, and refrigerator
