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Exciting Investment Opportunity located directly across the street from Tufts University and the Green Line, and just a short distance from Davis Square and the Red Line. This well-maintained property features a fenced-in yard and off-street parking. It consists of two open-concept units, each equipped with in-unit laundry and separate utilities (with the exception of water and sewer). The upper unit includes an entryway mudroom, two bedrooms, a full bath, a kitchen, a dining room, a storage room, and a private front porch. The lower unit features a mudroom area, a living room, a dining room, a kitchen, a full bath, a bedroom, and an office area. Additionally, the lower unit boasts a large, finished basement with a 3/4 bathroom, two spacious rooms, and extra storage space.

More Info

Basic Information

  • Gross Income $78,600
  • Listing Terms Contract
  • Mls StatusActive
  • Parcel Number M:V08 B:0085
  • Rent Includes Unit 1(Water), Unit 2(Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $939,500
  • Tax Year 2025
  • Taxes$8,268

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces3

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 3.5
  • Bedrooms4
  • Full Bath3
  • Half Baths1

Basic Information

  • List Price$1,290,000
  • MLS Number73490309
  • Modification Date05/11/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address15-17 Colby Street
  • Building Number15-17
  • CountyMiddlesex
  • NeighborhoodTufts University
  • StateMA
  • StreetColby Street
  • SubdivisionTufts University
  • TownMedford
  • Zip02155

Building

  • BasementFull, Finished, Walk-Out Access, Interior Entry, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationBlock, Irregular
  • Levels 3
  • Patio And Porch Features Porch, Deck - Wood
  • Rooms13
  • Stories3
  • Units2
  • Utilities For Gas Range
  • Window Features Picture Window, Insulated Windows
  • Year Built1910
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.09

Interior

  • Flooring Tile, Hardwood, Wood
  • Interior Features
    • Bathroom With Tub
    • Bathroom With Tub & Shower
    • Bathroom with Shower Stall
    • Dining Room
    • Family Room
    • Floored Attic
    • Kitchen
    • Laundry Room
    • Living Room
    • Mudroom
    • Office/Den
    • Open Floorplan
    • Pantry
    • Stone/Granite/Solid Counters
    • Storage
    • Sunroom

Exterior

  • Exterior Features Balcony/Deck
  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle

Utilities

  • Cooling Wall Unit(s)
  • Heat SystemYes
  • Heating Hot Water, Natural Gas, Baseboard
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,798
  • Lot Size Square Feet 3,889
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,798

Amenities

  • Amenities
    • Conservation Area
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Other AmenitiesBasement

Legal

  • ZoningRES

Other

  • Date Listed03/23/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Michelle Doyle of Flow Realty,Inc.

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