Duplex with Enclosed
For Sale
$979,000
7 Pembroke St, Medford, MA 02155
Two separate living areas offer flexible residential income or owner-occupant use near transit and major commuter routes.
Property Size2,323 SF
Days on Market53
Property Features for 7 Pembroke St
General Information
Standard status
Active
Size
2,323 SF
Total Parking Spaces
3
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,166
Building Details
Building Size
2,323 SF
Year Built
1910
Listing Agency:
U3 Realty, LLC
Listed By:
Sharon Tang · License #9540881
(617) 381-8931
Source:
Classifiedrealtygroup
Added: Aug 28
Changed: Oct 8
Last Checked: Oct 19 at 4:02AM
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 U3 Realty, LLC
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Investment Insights
Based on property information with market context.
This 2,323-square-foot duplex, built in 1910, contains two distinct residences. The first-floor unit includes a living room, dining room with bay window and window seat, bedroom with stained-glass detail, eat-in kitchen, pantry, laundry, decorative fireplace, and full bath. The upper residence occupies two levels and provides a living room, family room, dining room with bay window, den, eat-in kitchen, full bath, and three upstairs bedrooms.
The property includes a private enclosed yard with mature landscaping and three-car parking. Public transportation is located across the street, while Medford Square, Assembly Row, Route 93, Routes 28 and 60, local schools, the Medford Boat Club, shopping, and dining are nearby.
The property includes a private enclosed yard with mature landscaping and three-car parking. Public transportation is located across the street, while Medford Square, Assembly Row, Route 93, Routes 28 and 60, local schools, the Medford Boat Club, shopping, and dining are nearby.
Key Highlights
- 2,323‑square‑foot duplex built in 1910
- First‑floor unit includes one bedroom, eat‑in kitchen, pantry, laundry, and full bath
- Upper residence spans two levels with three bedrooms on the upper floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,156
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$983,120
$983.1K
Cap Rate 7%
$702,229
$702.2K
Cap Rate 9%
$546,178
$546.2K
Market Conditions
NOI Build-Up for 2,323 SF
Gross rent
$73.9K $31.80/SF
− Vacancy
−$3.6K −$1.57/SF
EGI
$70.2K $30.23/SF
− OpEx
−$21.1K −$9.07/SF
NOI
$49.2K $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%
$983,120
Cap Rate 7%
$702,229
Cap Rate 9%
$546,178
Alternative Uses
Best Use
Multifamily LT 5
$702.2K
$614.5K – $819.3K
NOI $49,156 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$660.3K
$577.8K – $770.3K
NOI $46,220 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$1.38M
$1.20M – $1.60M
NOI $96,265 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living areas offer flexible residential income or owner-occupant use near transit and major commuter routes.
Where is this duplex located?
The property is located at 7 Pembroke St Medford, MA.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: 2,323‑square‑foot duplex built in 1910; First‑floor unit includes one bedroom, eat‑in kitchen, pantry, laundry, and full bath; Upper residence spans two levels with three bedrooms on the upper floor
