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    Two-Family Corner Home Title is generated by Realmo AI

    562 Main Street, Medford, MA 02155

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    For Sale
    $1,080,000

    A well-maintained two-family residence on a prominent corner lot with convenient access to major Medford and Boston destinations.

    Type:Multi-family
    Property size:
    2,679 SF
    Price / SF:
    $403/SF
    Added:
    Jun 14, 2026
    Days on Market:
    22
    Last Refresh:
    Jun 21 at 2:31 am

    Property Features for 562 Main Street

    General Information

    Standard status
    Active
    Size
    2,679 SF
    Property subtype
    Multi-family

    Building Details

    Year Built
    1910

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    Derek Young

    Listing office Longwood Residential,LLC

    Listing date Jun 14, 2026

    Source Demakis

    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 Longwood Residential,LLC

    HighLights

    • Well‑maintained two‑family home built in 1910
    • Situated on a prominent corner lot
    • Convenient access to Tufts University and the Medford/Tufts Green Line station
    • Easy access to I‑93, Assembly Row, and downtown Boston
    • Flexible layout for owner‑occupied living or investment use

    Overview

    This well-maintained two-family home sits on a prominent corner lot and offers spacious separate living arrangements within one property. The setup provides flexibility for buyers seeking either an owner-occupied arrangement or a rental configuration.

    Located in Medford’s Tufts neighborhood, the home is positioned for convenient access to Tufts University and the Medford/Tufts Green Line station. Additional connectivity includes I-93, Assembly Row, and downtown Boston.

    With its two-family layout and established condition, the property can appeal to owner-occupants who want to offset expenses with rental income, as well as investors looking for a multifamily structure in a highly connected area. Group showings are scheduled for 6/20 and 6/21 from 11:00 a.m. to 12:30 p.m.

    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 $85.2k $31.80
    − Vacancy −$4.2k −$1.57
    EGI $81.0k $30.23
    − OpEx −$24.3k −$9.07
    NOI $56.7k $21.16
    2,679 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $809.8K
    $708.6K – $944.8K (±1% cap)
    NOI $56,689 @ 7.0% cap · market cap 5.25%
    Second Best
    Apartment 5plus
    $761.5K
    $666.3K – $888.4K (±1% cap)
    NOI $53,303 @ 7.0% cap · market cap 4.94%
    Theoretical Best
    Office A
    $1.59M
    $1.39M – $1.85M (±1% cap)
    NOI $111,017 @ 7.0% cap · market cap 10.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Parking Lot & Garage Hotel & Motel Accounting Firm Travel Agency Cosmetic Store Computer & Electronic Repair Nursing Home Food Market Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1017419
    Latitude
    42.3990017

    FAQs

    What type of property is this?
    Duplex - A well-maintained two-family residence on a prominent corner lot with convenient access to major Medford and Boston destinations.
    Where is this duplex located?
    The property is located at 562 Main Street Medford, MA.
    What is the asking price?
    The asking price for this property is $1,080,000.
    What are key features of this property?
    This property features: Well‑maintained two‑family home built in 1910; Situated on a prominent corner lot; Convenient access to Tufts University and the Medford/Tufts Green Line station
    More about this property
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