About Home value Property history Market statistics Schools Neighborhood Places of interest

31 Wareham St, Medford, MA 02155

$1,580,000
Last sold 10/02/2025 after 8 Days
6
bed
5
bath
3,212
Sqft ($492/Sqft)

Multi-family not for sale

Movoto is helping 11 homebuyers near you

About 31 Wareham St

Property type Multi-family

Neighborhood

Year built 1921

HOA fee $0/month

Lot size 9,750 Sqft

Movoto estimate

Parking 3 garage spaces

Rental estimate

Property description

Stunning Tufts University residence situated on the Medford/Somerville Line. A sturdy 4-family building, complemented by a 3-car garage with off-street parking, awaits its new owner. This property has been cherished by a family for over 75 years.This home comprises 3, one-bedroom units plus a chic, remodeled 2-bedroom, 2-full-bath apartment. Its prime location is a significant draw, offering easy access to the New MBTA Ball Square Green Line T station, Tufts U, and the Trendy shops and restaurants of Medford, Ball Square & Davis Square, Somerville.This FULLY RENTED, stabilized asset presents substantial upside potential. It also holds the possibility for a condo conversion. Recent improvements in 2025 include a newly paved driveway valued at over $20K and new vinyl fencing. Located in a high-demand area with a proven rental history, this property offers a unique opportunity to possibly capitalize on the 100% Bonus Depreciation available under the new tax laws with a cost seg study.

Listed by

Listing Agent - Christopher L. Barnard

Listing Office - Barnard Real Estate Advisors, LLC

Source: MLS Property Information Network, Inc.

MLS#73434734 • last updated 8 months ago

Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago

Overview
Cooling/AC	None, Wall Unit(s)
Heating	Baseboard, Oil, Common, Unit Control
Levels/Style	4, 4
MLS #	73434734
Type	Residential Income
Status	Closed
SubType	4 Family
SqFt	3212
Lot Size (SqFt)	9750
Lot Size (Acres)	0.22
Annual Property Tax	11151
Year Built	1921

Interior
Total # of Bathrooms	5
# Full Baths	5
Total # of Bedrooms	6
Basement	Full, Interior Entry, Sump Pump, Concrete, Unfinished
Total # of Rooms	15
Flooring	Varies, Hardwood, Tile
Appliances	Washer, Dryer, Range, Refrigerator, Dishwasher, Microwave
Accessibility Features	Handicapped Equipped, Accessible Entrance
Interior Features	Laundry Room, Bathroom With Tub & Shower, Internet Available - Unknown, Ceiling Fan(s), Stone/Granite/Solid Counters, Upgraded Cabinets, Open Floorplan, Remodeled, Living Room, Kitchen
Window Features	Insulated Windows, Screens

Exterior
Foundation	Brick/Mortar, Irregular
Roof	Shingle
Construction	Frame
# Covered Spaces	3
Parking Desc	Paved Drive, Off Street, On Street, Paved
# Parking Spaces	7
# Garage Spaces	3
Exterior Features	Rain Gutters
Fencing	Fenced/Enclosed, Fenced
Lot Desc	Level

Amenities / Utilities
Sewer	Public Sewer
Green Features: Energy Efficiency	Varies Per Unit
Utilities	Varies Per Unit
Electricity	Circuit Breakers, Individually Metered
Water Source	Public

Location
County	Middlesex
Community Features	Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Private School, Public School, T-Station, University, Sidewalks
Elementary School	Ask City
Middle School	Ask City
High School	Medford High
Zoning	GR
APN	M:V09 B:0050, 644763
Directions	Main St - Wareham St (One Way) - On The Medford/Somerville Line Near Tufts U. Please Park On Street.

Multifamily Details
Rent Includes	Unit 1(Heat, Water), Unit 2(Heat, Water), Unit 3(Heat, Water), Unit 4(Heat, Water)
Net Operating Income	75538
Operating Expense	21911
Total Actual Rent	9050
Financial Data Source	Estimated, Owner
Expense: Water/ Sewer	3782
Gross Income	108600
Expense: Electricity	733