Duplex with Two-Car
49 Webster Street, Medford, MA 02155
For Sale
$1,195,000
Two apartments offer two- and three-bedroom plans, separate utility systems, and enclosed porches.
Property Size2,160 SF
Lot Size0.17 Acres
Price / SF$553.24
Days on Market28
Property Features for 49 Webster Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Taxes and HOA fees
Annual Taxes
Amenities
hardwood floors
tile baths
enclosed porches
large open basement
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Greenway Realty Group, LLC
(617) 377-4913
Listed By:
Elvira Federico
(617) 285-2915
Source:
Churchillprop
Added: Oct 12
Changed: Nov 7
Last Checked: Nov 7 at 7:17PM
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 Greenway Realty Group, LLC
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Investment Insights
Based on property information with market context.
Built in 1928, this duplex contains two apartments on a 7,500-square-foot corner parcel. The first-floor unit has two bedrooms, a living room, dining room, eat-in kitchen, and one bath. Upstairs, the second unit features three bedrooms, an open living and dining area, an eat-in kitchen, and one bath. Hardwood flooring, tiled bathrooms, and enclosed front and rear porches serve the building. A two-car garage and driveway parking for up to six vehicles are on site.
Each apartment has separate utilities and 100 AMP electrical service; the common areas have a 60 AMP service. The property is zoned Res and is 0.5 miles from Medford Square. Oil currently supplies heat and hot water, and gas piping is present in the home.
Each apartment has separate utilities and 100 AMP electrical service; the common areas have a 60 AMP service. The property is zoned Res and is 0.5 miles from Medford Square. Oil currently supplies heat and hot water, and gas piping is present in the home.
Key Highlights
- Two apartments: one with 2 bedrooms and one with 3 bedrooms
- 7,500 sq. ft. corner lot with a two‑car garage and driveway parking for up to six cars
- Separate 100 AMP electrical service for each unit and 60 AMP service for common areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,706
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$914,120
$914.1K
Cap Rate 7%
$652,943
$652.9K
Cap Rate 9%
$507,844
$507.8K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$68.7K $31.80/SF
− Vacancy
−$3.4K −$1.57/SF
EGI
$65.3K $30.23/SF
− OpEx
−$19.6K −$9.07/SF
NOI
$45.7K $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%
$914,120
Cap Rate 7%
$652,943
Cap Rate 9%
$507,844
Alternative Uses
Best Use
Multifamily LT 5
$652.9K
$571.3K – $761.8K
NOI $45,706 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$614.0K
$537.2K – $716.3K
NOI $42,977 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,510 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,644
Businesses Nearby
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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
$715,500
Median Home Value
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Market
Average Price Trend$/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 - Two apartments offer two- and three-bedroom plans, separate utility systems, and enclosed porches.
Where is this duplex located?
The property is located at 49 Webster Street Medford, MA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Two apartments: one with 2 bedrooms and one with 3 bedrooms; 7,500 sq. ft. corner lot with a two‑car garage and driveway parking for up to six cars; Separate 100 AMP electrical service for each unit and 60 AMP service for common areas
