1 / 4
INVESTMENT SNAPSHOT
About this property
This versatile property, currently configured as a two-family home, was originally a single-family residence and was converted in the 1980s. With a strong rental history, it presents an excellent investment opportunity while also offering tremendous potential for redevelopment. Ideal for a builder, contractor, or homeowner with a vision, the property could be renovated and restored to its original single-family layout. Conveniently located just a short distance from Tufts University, the Green Line Extension, shopping, restaurants, and major highway access, this property offers endless possibilities in a highly desirable location.
Property details
| Units | 2 |
| Living area | 1,711 sqft |
| Lot size | 3,792 sqft |
| Year built | 1910 |
| Price / sqft | $525 |
| County | Middlesex |
| MLS # | 73537617 |
Listing status
| Days on market | 9 days |
| Listed on | June 17, 2026 |
Taxes & financials
| Annual property tax | $6,889 |
| Tax year | 2026 |
| Assessed value | $798,300 |
| Zoning | SF2 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 10 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive, Off Street |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Refrigerator |
Location
More about investing in Medford →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 40 Summer St, Medford MA 02155 have?
It is a 2-unit multi-family property with 1,711 sqft of living area, built in 1910.
How long has 40 Summer St, Medford MA 02155 been on the market?
40 Summer St, Medford MA 02155 has been listed for 9 days (since June 17, 2026).
What is the price per unit?
At a list price of $899,000 across 2 units, that works out to roughly $449,500 per unit.
What are the property taxes on 40 Summer St, Medford MA 02155?
Annual property taxes are $6,889 (2026), on an assessed value of $798,300.
What is the price per square foot?
At $899,000 for 1,711 sqft, that's about $525 per square foot.
Is there parking?
2 total parking spaces (paved drive, off street).
Where is this property located?
40 Summer St, Medford MA 02155 is in Medford, Middlesex County, MA 02155.
Similar multi-families
◆ 79