31 Wareham St Medford MA 02155 MLS #73434734

31 Wareham St
Medford, MA, 02155
$1,699,999
6 Beds
5 Baths
3,212 SqFt
0.22 Acres
$1,699,999
31 Wareham St
Medford, MA, 02155
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.

Property Details

Price:
$1,699,999
MLS #:
73434734
Status:
Active Under Contract
Beds:
6
Baths:
5
Address:
31 Wareham St
Type:
Multi Family
Subtype:
4 Family
Neighborhood:
tuftsuniversity
City:
Medford
Listed Date:
Sep 24, 2025
State:
MA
Finished Sq Ft:
3,212
Total Sq Ft:
3,212
ZIP:
02155
Lot Size:
9,750 sqft / 0.22 acres (approx)
Year Built:
1921
Units:
4

Schools

Elementary School:
Ask City
Middle School:
Ask City
High School:
Medford High

Interior

Appliances
Washer, Dryer, Range, Refrigerator, Dishwasher, Microwave
Bathrooms
5 Full Bathrooms
Cooling
None, Wall Unit(s)
Flooring
Varies, Hardwood, Tile
Heating
Baseboard, Oil, Common, Unit Control

Exterior

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
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street, On Street, Paved
Parking Spots
4
Roof
Shingle

Financial

Net Operating Income
$75,538
Tax Year
2025
Taxes
$11,151
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Rover IDX
31 Wareham St
Medford, MA