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INVESTMENT SNAPSHOT
About this property
7 Smith Street is a newly renovated two-family property that blends modern upgrades with exceptional investment appeal. Both units showcase thoughtful contemporary finishes, including refinished hardwood floors, designer tile flooring, sleek updated kitchens, and fully renovated bathrooms. Separate metering for gas heat and hot water allow for tenants to pay their own utlities and help keep operating costs low. Parking is a standout feature, offering 3–4 off-street tandem spaces along with ample on-street permit parking. This property presents a compelling opportunity for investors seeking immediate cash flow or owner-occupants looking for a turnkey home with rental income potential. Move-in ready and low-maintenance, the property also offers easy access to Route 93 and is just a half mile from the Ball Square Green Line T stop, making it a smart and convenient addition to an owner occupant or real estate portfolio.
Property details
| Units | 2 |
| Living area | 2,278 sqft |
| Lot size | 3,786 sqft |
| Year built | 1910 |
| Price / sqft | $571 |
| County | Middlesex |
| MLS # | 73487790 |
Listing status
| Days on market | 4 days |
| Listed on | March 17, 2026 |
Taxes & financials
| Annual property tax | $7,360 |
| Tax year | 2025 |
| Assessed value | $836,400 |
| Zoning | Multi fam |
| Gross income (actual) | $75,600/yr |
| Net operating income (actual) | $75,600/yr |
| Total actual rent | $6,300/mo |
Building & lot
| Stories | 2 |
| Total rooms | 11 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Bulkhead, Sump Pump |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Marble, Hardwood, Stone/Ceramic Tile |
Utilities & systems
| Heating | Central, Baseboard, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Oven, for Electric Dryer |
| Appliances | Range, Dishwasher, Disposal, Refrigerator |
Location
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Listing courtesy of Centre Realty Group — William L. Lefevre. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 7 Smith Street, Medford MA 02155 have?
It is a 2-unit multi-family property with 2,278 sqft of living area, built in 1910.
How long has 7 Smith Street, Medford MA 02155 been on the market?
7 Smith Street, Medford MA 02155 has been listed for 4 days (since March 17, 2026).
What is the estimated cap rate on this 2-family in Medford?
Based on area median rents, the estimated cap rate is about 3.4%, with a Signal Score of 64/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,300,000 across 2 units, that works out to roughly $650,000 per unit.
What are the property taxes on 7 Smith Street, Medford MA 02155?
Annual property taxes are $7,360 (2025), on an assessed value of $836,400.
What is the price per square foot?
At $1,300,000 for 2,278 sqft, that's about $571 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street).
Where is this property located?
7 Smith Street, Medford MA 02155 is in Medford, Middlesex County, MA 02155.
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