43 Wright Avenue, Medford, MA 02155

Property Description

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.