Unique opportunity to own a renovated 3-Family home on a massive 11,154 sq./ft. lot. Whether you're seeking a strong income-producing asset, a parcel large enough to accommodate future redevelopment, or an owner-occupied investment property with a huge backyard, 21 Medford St. provides buyers with a wide range of possibilities. Recently refurbished in 2024 - the building consists of three (3) turn-key apartments that have consistently generated over $9,000/month at full occupancy. Each unit offers 3 bedrooms, 2 full bathrooms, in-unit laundry and an updated kitchen equipped with granite countertops and stainless-steel appliances. Open concept floorplans, recessed lighting and hardwood flooring can be found throughout. Outside, four (4) unencumbered street-level parking spots are positioned on the right-hand side of the house. On the left-hand-side, a long three (3) car driveway extends down toward the rear of the lot, abutting the backyard.

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Basic Information

Gross Income $112,200
Lot Features Gentle Sloping
Mls StatusNew
Parcel Number 594764

Tax Information

Tax Assessed Value $958,500
Tax Year 2026
Taxes$10,927

Parking

Parking Features Off Street, Assigned
Parking Spaces7

Rooms

Bathroom6
Bathrooms Total Decimal 6
Bedrooms9
Full Bath6

Basic Information

List Price$1,350,000
MLS Number73553843
Modification Date07/23/2026
Property SubType3 Family

Location

Address21 Medford Street
Building Number21
CountyMiddlesex
StateMA
StreetMedford Street
TownMalden
Zip02148

Building

BasementPartial, Unfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationBlock
Levels 4
Patio And Porch Features Patio - Enclosed
Rooms16
Stories4
Units3
Year Built1900
Year Built Details Actual
Year Built Source Public Records

Property

Acreage0.26

Interior

Flooring Vinyl, Varies, Hardwood

Exterior

Fencing Fenced/Enclosed, Fenced
RoofShingle

Utilities

Electric 200+ Amp Service
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Measured
Living Area 3,617
Lot Size Square Feet 11,156
Lot Size Units Acres
Square Feet3,617

Amenities

Amenities
- Conservation Area
- Highway Access
- House of Worship
- Park
- Private School
- Public School
- Public Transportation
- Shopping
- T-Station
- University
- Walk/Jog Trails
Other AmenitiesBasement

Legal

ZoningResB

Other

Date Listed07/23/2026
Farm Land Area Units Square Feet

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Newton, MA

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Basic Information

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Newton, MA