57 Edward, Medford, MA 02155

$1,750,000

6 beds 3 baths 2,604 sqft Built 19134 days on marketActive

About this home

REDEVELOPMENT OPPORTUNITY: Welcome to 57 Edward St in Medford. An early 1900’s (2) family located on a 10, 500 SF lot w/ 70’ SF of frontage and 150’ SF of depth. This 6-bedroom 3-bathroom property is in a General Residence (GR) zone and offers a unique opportunity for developers, investors, or an owner occupant. The parcels frontage and depth SF present an opportunity to subdivide the lot into two separate parcels (Edward Street & Bennett Place), building options vary. The property is minutes from Tufts University, Assembly Row, and the Encore Casino. It’s highlighted by its proximity to the city of Boston and easy access to I-93. The property is surrounded by multiple forms of transportation to get you in and out of the city in 20 minutes or less (e.g., Ball Square Station (Green Line), Wellington Station (Orange Line), and W. Medford Station (Commuter Rail).

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment

$10,834/mo

Real estate (PITI + HOA + PMI): $10,918
Utilities: $642
Transportation: $147
Other (entertainment): $158

Your monthly budget

Budget$11,334/mo

Remaining after TLC$500/mo

Purchase price

$1,750,000

Down payment

$87,500 (5%)

Loan amount

$1,662,500

APR

Quick facts

Type

Multi Family

Style

—

Year built

1913

Lot size

0.24 ac

Stories

Heating

Forced Air, Unit 1(Steam,Oil), Unit 2(Other (See Remarks)), Unit 3(Forced Air,Oil)

Cooling

None, Unit 1(Window AC), Unit 2(Other (See Remarks)), Unit 3(Window AC)

Water

Public

HOA

—

Annual tax

$7,894

MLS #

73197344

County

Middlesex

At a glance

Air conditioning

Fireplace

Basement

Home features

Appliances

NoneUnit 2(Other (See Remarks))Unit 3(RangeRefrigerator)Utility Connections for Gas Range

Interior

MudroomUnit 1(Ceiling FansBathroom with Shower StallInternet Available - Unknown)Unit 2(Bathroom with Shower StallOther (See Remarks))Unit 3(Ceiling FansCathedral/Vaulted CeilingsBathroom with Shower StallInternet Available - UnknownOther (See Remarks))Unit 1 Rooms(Living RoomKitchen)Unit 2 Rooms(Other (See Remarks))Unit 3 Rooms(Living RoomKitchenOffice/Den)

Exterior

Storage Shed

Community

Public TransportationShoppingPoolTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityLaundromatConservation AreaHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT-StationUniversitySidewalks

Parking

Off Street

Flooring

Wood,Carpet,Vinyl / VCT, Unit 1(undefined), Unit 3(Tile Floor)

Roof

Shingle

Sewer

Public Sewer

Lot features

Gentle Sloping, Level

Schools

Elementary

Colombus

Middle

Andrews Middle

High

Medford High

Neighborhood — 02155

Metric	This ZIP	County	USA
Population	54,212	6,444,931	299,088,112
Population Change Since1990	-3.00%	7.00%	20.00%
Population Density	6,637	786	—
Male	25,683	3,127,134	147,432,321
Female	28,529	3,317,797	151,655,844
Never Married	17,126	1,612,885	63,775,926
Married	20,130	2,586,314	123,120,365
Separated	1,776	247,857	12,639,686
Widowed	3,799	363,594	15,467,586
Divorced	3,299	436,888	23,075,029
Number Of House Hold	21,873	2,431,591	111,826,380
Average House Hold Size	2.42	2.56	2.60
Medial Age	38.62	37.25	35.46
Median House Hold Income	$58,761	$57,698	$48,276
Average House Hold Income	$68,303	$75,023	$63,629
P C I	$27,854	$29,196	$24,529
M D I	$48,798	$48,105	$41,133
A T H E	$53,922	$57,083	$50,898
S T R	5.00%	5.00%	—
W C J	79.54%	81.38%	77.74%

(Zip) Code

2155

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Walk Score

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Listing information last refreshed 1/29/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.