1808 Spring St

This fantastic investment opportunity features a total of 10 units--comprised of 8 stick-built homes plus a duplex--all situated on over 2 acres of commercially zoned land in East Medford. This unique property offers incredible potential for future development. Most units have been refreshed with modern updates, providing a sophisticated mix of stabilized income and untapped value-add upside. Each unit is individually metered for electricity, significantly enhancing management efficiency and tenant accountability. The property is perfectly located in a highly desirable area near parks, dining, and shopping, while still offering a sense of privacy with mature trees surrounding the grounds. With a 6.7% cap rate and long-term growth potential, this is an excellent opportunity for investors seeking a well-positioned, income-producing rental portfolio with scalability. The commercial zoning and large acreage make this a true standout for those looking to expand their real estate footprint.