$849,000
 $4,558 est/mo Sourced by Back At You

40 Summer St,Medford, MA 02155

Medford, MA 02155

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Description

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.

Details

MLS #73537617
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1910
Days On Site97
Listing Provided ByBerkshire Hathaway HomeServices Commonwealth Real Estate | Jacqueline Veri

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,711
BasementY
Story(s)3
Units2
ZoningSF2
Acreage0.09

Interior

Rooms Total10
Interior FeaturesLiving Room, Dining Room, Kitchen
Window FeaturesInsulated Windows
AppliancesRange, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo
FlooringWood

Exterior

RoofShingle
Construction MaterialsFrame
Foundation DetailsStone
Lot FeaturesLevel

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Off Street
Open Parking Yes / NoYes

Utilities

Utilitiesfor Gas Range, for Gas Oven
SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Annual Amount6889
Tax Assessed Value798300
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Park, Private School, Public School, University, Sidewalks
Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityMedford
Zip Code02155
AreaTufts University
Listing VS Median (in 02155)
Price:
$849,000
low | high
Med:
$499,000
91.224970553592% of Average
sqft:
1,711
low | high
Med:
953
94.330800701344% of Average
$ / sqft:
$496
low | high
Med:
$528
43.583402803505% of Average
On site:
97
low | high
Med:
2.5
100% of Average
Sourced by Back At You

Market Activity 02155

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Additional Information

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyMiddlesex
CityMedford
Zip Code02155
AreaTufts University
Listing VS Median (in 02155)
Price:
$849,000
low | high
Med:
$499,000
91.224970553592% of Average
sqft:
1,711
low | high
Med:
953
94.330800701344% of Average
$ / sqft:
$496
low | high
Med:
$528
43.583402803505% of Average
On site:
97
low | high
Med:
2.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $636K - $1.61M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
38 Summer St Property Photo 1
$849,000
38 Summer St
Medford, MA 02155
35 Thomas St # 35 Property Photo 1
$1,039,000
35 Thomas St # 35
Medford, MA 02155
32 Gourley Rd # 1 Property Photo 1
$2,750
32 Gourley Rd # 1
Medford, MA 02155
Listing Updated: September 19, 2026 at 8:42:20 AM PDT