West Medford Two-Family
548 High Street Medford, MA 02155
For Sale
$1,200,000
Two-family home in West Medford with renovated kitchens and hardwood floors.
Property Size3,499 SF
Price / SF$342.96
Days on Market99
Property Features for 548 High Street
General Information
- Standard status
- Active
- Size
- 3,499 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1910
Listing Agency:
Red Tree Real Estate
(617) 487-8015
Listed By:
Jerome Bibuld · License #9588401
(617) 487-8015
Source:
Compass
Added: Apr 20
Changed: Jul 10
Last Checked: Jul 23 at 7:55AM
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 Red Tree Real Estate
Investment Insights
Based on property information with market context.
This West Medford two-family home features high ceilings and large windows that provide natural light. Both units include renovated eat-in kitchens with appliances and hardwood floors. Unit 2 is a three-bedroom unit with central A/C, a renovated bathroom, and exclusive use of the rear patio. Unit 1 is a two-bedroom unit with in-unit laundry and a private deck. Unit 2 is owner-occupied, while Unit 1 is tenant at will for $2975.00. The property includes garage parking and is located near Route 2 and I93 expressways, as well as the West Medford MBTA Station. The property size is 3499 square feet.
Key Highlights
- Excellent Location: Moments to Route 2 and I93 Expressways, and minutes to West Medford MBTA Station.
- Two‑Family Home: Ideal for owner‑occupancy with rental income potential.
- Unit #2 Features: Three bedrooms, central A/C, renovated bathroom, and exclusive use of the rear patio.
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 | $111.3k | $31.80 |
| − Vacancy | −$5.5k | −$1.57 |
| EGI | $105.8k | $30.23 |
| − OpEx | −$31.7k | −$9.07 |
| NOI | $74.0k | $21.16 |
3,499 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$925.5K – $1.23M
NOI $74,040 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$994.5K
$870.2K – $1.16M
NOI $69,618 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $144,998 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family home in West Medford with renovated kitchens and hardwood floors.
Where is this duplex located?
The property is located at 548 High Street Medford, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Excellent Location: Moments to Route 2 and I93 Expressways, and minutes to West Medford MBTA Station.; Two‑Family Home: Ideal for owner‑occupancy with rental income potential.; Unit #2 Features: Three bedrooms, central A/C, renovated bathroom, and exclusive use of the rear patio.
