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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.

More Info

Basic Information

  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusNew
  • Parcel Number M:O08 B:0081 L:0000,641067
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $798,300
  • Tax Year 2026
  • Taxes$6,889

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces2

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2

Basic Information

  • List Price$899,999
  • MLS Number73537617
  • Modification Date06/17/2026
  • Property SubTypeMulti Family

Location

  • Address40 Summer Street
  • Building Number40
  • CountyMiddlesex
  • NeighborhoodTufts University
  • StateMA
  • StreetSummer Street
  • SubdivisionTufts University
  • TownMedford
  • Zip02155

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Enclosed
  • Rooms10
  • Stories3
  • Units2
  • Utilities For Gas Range
  • Window Features Insulated Windows
  • Year Built1910
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.09

Interior

  • Flooring Wood
  • Interior Features Living Room, Dining Room, Kitchen

Exterior

  • RoofShingle

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 1,711
  • Lot Size Square Feet 3,792
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet1,711

Amenities

  • Amenities
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • University
  • Appliances IncludedRange, Refrigerator

Legal

  • ZoningSF2

Other

  • Date Listed06/17/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Jacqueline Veri of Berkshire Hathaway HomeServices Commonwealth Real Estate

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