A truly unique 3-family property located just 5 miles north of Boston. All units consist of 2 levels of living. Starting with the owner’s unit. Enjoy the oversized primary suite, with hot tub fireplace and walk in closet. Not to be out done, the rest of the unit boasts great space throughout. From a finished basement to a sunroom/den area leading to a covered rear deck and private pool oasis, that includes a pool house with full kitchenette. You get the true feeling of living in a single family, but with the benefits of rental income. Unit 2 is updated and has a townhouse layout with living room and eat in kitchen on the main level and 2 bedrooms and full bathroom upstairs. Unit 2R is in overall good condition. The main level has the primary bedroom, bathroom and living room; small staircase leading down to kitchen and 2nd bedroom. Other features include central heat/ac in owner’s unit. 2 storage sheds, 8 car parking and carport. Close to I-93 and within walking distance to Medford Sq.
| Units | 3 |
| Living area | 5,166 sqft |
| Lot size | 12,118 sqft |
| Year built | 1901 |
| Price / sqft | $377 |
| County | Middlesex |
| MLS # | 73533468 |
| Days on market | 39 days |
| Listed on | June 10, 2026 |
| Annual property tax | $14,924 |
| Tax year | 2026 |
| Assessed value | $1,729,300 |
| Zoning | GR |
| Gross income (actual) | $39,600/yr |
| Net operating income (actual) | $39,600/yr |
| Total actual rent | $3,300/mo |
| Stories | 6 |
| Total rooms | 15 |
| Lot size | 0.28 acres |
| Garage spaces | 0 |
| Parking spaces | 8 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Finished, Interior Entry |
| Foundation | Stone |
| Roof | Asphalt/Composition Shingles |
| Construction | Frame |
| Flooring | Tile, Hardwood |
| Heating | Central, Natural Gas, Baseboard |
| Cooling | Central Air, Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Oven |
| Appliances | Range, Dishwasher, Refrigerator, Washer, Dryer |
More about investing in Medford →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 5,166 sqft of living area, built in 1901.
33 Water St, Medford MA 02155 has been listed for 39 days (since June 10, 2026).
At a list price of $1,949,000 across 3 units, that works out to roughly $649,667 per unit.
Annual property taxes are $14,924 (2026), on an assessed value of $1,729,300.
At $1,949,000 for 5,166 sqft, that's about $377 per square foot.
8 total parking spaces (paved drive, off street, paved).
33 Water St, Medford MA 02155 is in Medford, Middlesex County, MA 02155.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.