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Originally built in 1910 and comprehensively renovated, expanded and reimagined, 49-51 Spring Street has been transformed to offer the quality, finishes and functionality of modern construction while retaining the established character of the original property. Offered together at $2,250,000, this distinctive two-unit property presents an exceptional opportunity for an investor, multigenerational family or owner-occupant looking to purchase the entire property, live in one residence and generate rental income from the other. Extensive improvements include durable fiber-cement siding, white oak flooring throughout the finished living areas, thoughtfully designed kitchens and baths, updated systems and carefully selected architectural details, including red oak inlay accents above the porch of each residence. Both units offer three levels of finished living space with four bedrooms, three-and-a-half bathrooms and two ensuite bedrooms, providing tremendous flexibility for families, guests and work-from-home needs. Each residence also features convenient second-floor laundry, private outdoor space and ample additional storage in its own clean, unfinished basement, which is not included in the stated living area. For an investor, the two residences provide the opportunity to generate income from the entire property; for an owner-occupant, the ability to live in one unit while renting the other creates an attractive way to offset ownership expenses; and for a multigenerational family, the configuration allows relatives to live close together while maintaining the privacy and independence of separate homes. Ideally located near Tufts University, Medford Square, Somerville and Cambridge, with convenient access to I-93 and Boston, 49-51 Spring Street combines extensive renovation, flexible ownership possibilities and an increasingly difficult-to-find two-unit configuration.

More Info

Basic Information

  • Gross Income $66,000
  • Lot Features Corner Lot, Level
  • Mls StatusNew

Tax Information

  • Tax Assessed Value $1,041,100
  • Tax Year 2026
  • Taxes$8,985

School Information

  • Elementary SchoolMcglynn Elementary
  • High School Medford High School
  • Junior HighAndrews & Mcglynn

Parking

  • Open Parking YN Yes
  • Parking Features
    • Assigned
    • Deeded
    • Driveway
    • Off Street
    • Stone/Gravel
    • Tandem
  • Parking Spaces3

Rooms

  • Bathroom8
  • Bathrooms Total Decimal 7
  • Bedrooms8
  • Full Bath6
  • Half Baths2

Basic Information

  • List Price$2,250,000
  • MLS Number73581226
  • Modification Date09/23/2026
  • Property SubType2 Family - 2 Units Side by Side
  • Virtual TourView Tour

Location

  • Address49-51 Spring Street
  • Building Number49-51
  • CountyMiddlesex
  • StateMA
  • StreetSpring Street
  • TownMedford
  • Zip02155

Building

  • Basement
    • Bulkhead
    • Concrete
    • Full
    • Interior Entry
    • Unfinished
    • Walk-Out Access
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Levels 6
  • Rooms15
  • Stories6
  • Units2
  • Utilities For Electric Range, For Electric Oven, For Electric Dryer
  • Window Features Picture Window, Skylight(s)
  • Year Built2026
  • Year Built Details Renovated Since
  • Year Built Source Builder

Property

  • Acreage0.12

Interior

  • Flooring Wood, Tile, Hardwood, Stone/Ceramic Tile
  • Interior Features
    • Bathroom With Tub
    • Bathroom With Tub & Shower
    • Bathroom with Shower Stall
    • Cathedral/Vaulted Ceilings
    • Crown Molding
    • Dining Room
    • High Speed Internet
    • Internet Available - Broadband
    • Kitchen
    • Living Room
    • Office/Den
    • Open Floorplan
    • Pantry
    • Remodeled
    • Stone/Granite/Solid Counters
    • Storage
    • Sunroom
    • Upgraded Cabinets
    • Upgraded Countertops

Exterior

  • Exterior Features Balcony/Deck, Rain Gutters
  • Fencing Fenced
  • RoofShingle

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric 200+ Amp Service
  • Heat SystemYes
  • Heating Central, Electric
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Owner
  • Living Area 3,540
  • Lot Size Square Feet 5,391
  • Lot Size Units Acres
  • Square Feet3,540

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Marina
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • University
  • Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Range Hood
  • Other AmenitiesBasement, Golf, Tennis

Other

  • Date Listed09/23/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Ryan Cook of William Raveis R.E. & Home Services

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