Multi Family · MBTA

43 Wright Avenue

Medford, MA 2155 · MLS 73585752

$2,000,000

5,068 sqft

  • Beds—
  • Baths—
  • Sq Ft5,068
  • Year1964
  • Style—
  • $ / Sq Ft$395
  • HOA—
  • Taxes$13,139
  • Parking2
  • Lot4050.0
  • MLS73585752
  • StatusActive

About this home

An Exceptional Multi-family Investment Opportunity just minutes from Tufts University and I-93 in Medford. Spanning 4,445 square feet, 43 Wright Avenue features two substantial residences totaling 11 bedrooms, 11 full bath and two half bathrooms, multiple decks, private outdoor space for each unit, and off-street parking. The property boasts a strong rental history, with previous combined monthly rents of $13,800. Both units showcase walnut-stained oak floors, recessed lighting, and stylish kitchens with speckled quartz countertops, blue tile backsplashes, peninsula seating, pendant lighting, and stainless steel appliances. An exceptional bedroom-to-bathroom ratio provides added privacy, while in-unit laundry and central air conditioning offer modern convenience. Unit 1 features six bedrooms and 6.5 bathrooms and was recently rented for $6,500 per month; Unit 2 offers five bedrooms and 5.5 bathrooms and was recently rented for $7,300 per month. Multiple decks provide inviting spaces for outdoor dining and relaxation, complemented by landscaped grounds, mature greenery, and a classic Medford stone wall. Ideally located near Tufts University and the Green Line Extension, the property offers convenient access to Assembly Row, downtown Boston, shopping, and local favorites including Bob's Italian Foods and Great American Beer Hall. A compelling opportunity to acquire a well-maintained multifamily property with an attractive rental history, university-area appeal, and potential for future income growth.

Location

DirectionsMore in Medford

More about Medford

Medford Profile Snapshot
Primary Vibe Diverse city with university presence, river access, and residential streets. Popular with buyers seeking relative value and convenience.
Housing Prices More approachable than closer-in areas. Prices vary by condition and location. Multi-family homes offer rental potential.
Commute to Boston Commuter rail and bus routes provide access. Driving is common. Parking is generally more available than downtown.
Schools Served by Medford Public Schools. Confirm assignments with the district.
Market Demand supported by location and university. Updated properties near transit or the river attract interest.
Housing Styles Multi-family homes, condominiums, and single-family houses. Condition varies.

Similar homes nearby

Explore Boston Homes

Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.