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You are here:
Home Massachusetts Medford Multi-Family Homes for Sale

15-17 Colby St Medford, MA 02155

$1,290,000
2 Unit
4 Beds
4 Baths
2798 SQFT
0.09 Acre
15-17 Colby St
Medford, MA 02155

Property Description

Exciting investment opportunity located directly across the street from Tufts University and the Green Line, and just a short distance from Davis Square and the Red Line. This well-maintained property features a fenced-in yard, off street parking with two open-concept units, each equipped with in-unit laundry. All utilities are separate, with the exception of water and sewer. Upper unit includes an entryway mudroom, two bedrooms, a full bath, a kitchen, a dining room, a storage room, and a private front porch. Lower unit features a mudroom area, a living room, a dining room, a kitchen, a full bath, a bedroom, and an office area. This unit also boasts a large finished basement with a 3/4 bathroom, two spacious rooms, and additional storage space. Open houses on October 18th and 19th.

Property Overview

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Amenities: Conservation Area, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Finished, Full, Interior Access, Other (See Remarks), Walk Out
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room, Mudroom, Office/Den, Sunroom
  • Common Interior Features: Bathroom With Tub, Bathroom With Tub & Shower, Bathroom with Shower Stall, Floored Attic, Pantry, Stone/Granite/Solid Counters, Storage, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 78600
  • Gross Expenses: 4567
  • Water/Sewer: 2012
  • INSC: 2555
  • Net Operating Income: 78600

Utilities

  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block, Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73442479
  • Last Updated: 10/20/25
  • Terms: Contract for Deed, Rent w/Option

Date Event Price Price/Sq Ft Source
10/14/2025Active$1,290,000$461MLSPIN
10/10/2025New$1,290,000$461MLSPIN

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Map & Resources

Tufts University

University

0.01mi

St Clement School

Private School, Grades: 7 - 12

0.08mi

Resources for Human Development School

Private School

0.13mi

St Clement Elementary

Private School, Grades: PK-6

0.13mi

Lonin-Dame School

School

0.13mi

Curtis-Tufts School

Public Secondary School, Grades: 9-12

0.31mi

Oasis Café and Bakery

Brazilian (Cafe)

0.26mi

True Grounds

Cafe

0.27mi

Oasis Restaurant

Barbecue & Brazilian Restaurant. Offers: Meat

0.26mi

The House of Kebab

Indian Restaurant

0.27mi

Taco Party

Mexican Restaurant

0.28mi

Ball Square Cafe

Breakfast & Brunch Restaurant

0.29mi

Sound Bites Cafe

Breakfast & Brunch & Syrian Restaurant

0.29mi

Bob's Italian Foods

Italian & Sandwich & Deli Restaurant

0.32mi

Medford Fire Department

Fire Station

0.42mi

Tufts University Police Department

Police

0.41mi

Granoff Music Center

Arts Centre

0.25mi

Cohen Arts Center

Arts Centre

0.28mi

Shirley and Alex Aidekman Arts Center

Arts Centre

0.3mi

Remis Sculpture Gallery

Gallery

0.29mi

Balch Arena Theater

Theatre

0.32mi

Steve Tisch Sports and Fitness Center

Fitness Centre

0.36mi

Tufts Pool Wading Pool

Swimming Pool

0.31mi

Tufts Pool

Swimming Pool

0.32mi

Hamilton Pool

Swimming Pool. Sports: Swimming

0.38mi

Alumni Field

Sports Centre. Sports: Baseball

0.2mi

Spicer Field

Sports Centre. Sports: Baseball

0.22mi

Kraft Field

Sports Centre. Sports: Soccer

0.23mi

Zimman Field

Sports Centre. Sports: Athletics, American Football

0.24mi

Tufts Park

Municipal Park

0.2mi

Powder House Park

Municipal Park

0.25mi

Powderhouse Square

Municipal Park

0.26mi

Tot Lot

Playground

0.39mi

Lindsay Griffin Boston Hairstylist

Hairdresser

0.26mi

Moreno Barber Shop

Hairdresser

0.27mi

Salon CU

Hairdresser

0.3mi

Tisch Library

Library

0.29mi

West Somerville Dental Associates

Dentist

0.36mi

Alexander's

Convenience

0.4mi

7-Eleven

Convenience

0.46mi

College Ave @ Dearborn Rd

80
94
96

0.23mi

College Ave @ Warner St

80
94
96

0.25mi

Broadway @ Bay State Ave

80
89
8993

0.25mi

Broadway @ Pearson Rd

80
89
8993

0.25mi

Broadway opp Warner St - Powder House Sq

80
89
8993

0.25mi

College Ave @ Professors Row

80
94
96

0.25mi

College Ave @ Boston Ave

80
94
96

0.26mi

College Ave @ Powder House Sq

80
94
96

0.26mi

Seller's Representative: Michelle Doyle, Flow Realty, Inc.
MLS ID#: 73442479

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-10-20 09:02:00

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