Northeast Private Client Group is pleased to present the Linden Street Apartments located at 24 Linden St, Medford, MA.
24 Linden Street presents a compelling opportunity to acquire an 8-unit multifamily asset in the desirable Wellington submarket of Medford, just minutes from Greater Boston’s core employment hubs. Built in 1880, this wood-frame, property spans approximately 5,282 SF on a 0.23-acre parcel, significant upside through strategic repositioning, operational improvements & market rents. Submarket rents for comparable 1–3-star assets average approximately $2,361 per unit, suggesting meaningful upside through renovation.
The property features a diverse unit mix comprised of (4) one-bedroom, (3) two-bedroom & (1) three-bedroom floor plans, appealing to a broad tenant base. With 12 surface parking spaces (1.5 spaces/unit), the asset provides a strong amenity relative to comparable urban multifamily properties, along with newly updated coin-op laundry room. This offering is ideal for investors seeking a light-to-moderate value-add play in a high-demand rental market with long-term appreciation potential.
All interested and qualified parties will have the opportunity to tour the building during scheduled appointments & obtain additional information upon request.