Two-Unit Residential Income
75 Orchard Street Medford, MA 02155
75 Orchard Street, Medford, MA, 02155
$1,099,999
For Sale
$1,099,999
Two separately metered units with off-street parking and an unfinished basement offering separate washer and dryer hookups.
Property Size2,054 SF
Price / SF$535.54
Days on Market108
Property Features for 75 Orchard Street
General Information
- Standard status
- Active
- Size
- 2,054 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1900
Listing agency
Cambridge Realty Group, Inc.
(617) 661-6600
Listed by
Michael Wilson-Pierce · License #9540149
(617) 661-6600
Source
Compass
Added: Apr 7 Updated: Jul 23 at 2:07AM Checked: Jul 23 at 2:07AM
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 Cambridge Realty Group, Inc.
Investment Insights
Based on property information with market context.
This two-family duplex includes a first-floor unit with two bedrooms plus a den (previously used as a third bedroom), a living room, a full bath, an eat-in kitchen with pantry, a gas stove, and a dishwasher. The layout also features a bonus room that could serve as a potential office or sun room. The second-floor unit offers three bedrooms, a living room, a full bath, and a kitchen with pantry and gas stove, along with an enclosed rear porch and an open front porch.
The property provides off-street parking and has separately metered gas and electric services for the two units. An unfinished basement adds practical storage and includes separate washer and dryer hookups.
Located about 0.5 miles from Tufts University, the home offers access to the new Green Line Extension and major nearby destinations including I-93, Medford Square, and Davis Square. The units were previously rented, with the first- and second-floor rents listed in the remarks as $2,800 per month each, with opportunities described as buy/update/hold or condo conversion potential.
The property provides off-street parking and has separately metered gas and electric services for the two units. An unfinished basement adds practical storage and includes separate washer and dryer hookups.
Located about 0.5 miles from Tufts University, the home offers access to the new Green Line Extension and major nearby destinations including I-93, Medford Square, and Davis Square. The units were previously rented, with the first- and second-floor rents listed in the remarks as $2,800 per month each, with opportunities described as buy/update/hold or condo conversion potential.
Key Highlights
- Two‑family home with separately metered gas and electric utilities and off‑street parking
- 1st‑floor unit: 2 bedrooms plus a den (previously used as a 3rd bedroom), living room, full bath, eat‑in kitchen with pantry
- 2nd‑floor unit: 3 bedrooms, living room, full bath, kitchen with pantry, plus enclosed rear porch and open front porch
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 | $65.3k | $31.80 |
| − Vacancy | −$3.2k | −$1.57 |
| EGI | $62.1k | $30.23 |
| − OpEx | −$18.6k | −$9.07 |
| NOI | $43.5k | $21.16 |
2,054 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$620.9K
$543.3K – $724.4K
NOI $43,463 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$583.8K
$510.9K – $681.1K
NOI $40,868 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,117 @ 7.0% cap · market cap 7.74%
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 - Two separately metered units with off-street parking and an unfinished basement offering separate washer and dryer hookups.
Where is this duplex located?
The property is located at 75 Orchard Street Medford, MA.
What is the asking price?
The asking price for this property is $1,099,999.
What are key features of this property?
This property features: Two‑family home with separately metered gas and electric utilities and off‑street parking; 1st‑floor unit: 2 bedrooms plus a den (previously used as a 3rd bedroom), living room, full bath, eat‑in kitchen with pantry; 2nd‑floor unit: 3 bedrooms, living room, full bath, kitchen with pantry, plus enclosed rear porch and open front porch
