15 Monument Street
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15 Monument Street

Medford, MA

$1,425,000 






Property Details

11 Rooms

6 Bedrooms

4 Baths

3,250 Living Area SF

7,000 SF Lot

Welcome to 15 Monument Street, a beautifully updated 2-family home offering a low maintenance smart investment opportunity in the desirable West Medford neighborhood. Each apartment has been thoughtfully renovated with tasteful finishes, delivering a turn-key rental property whether you're looking for multi-generational living, owner-occupancy with rental income, or you’re an investor looking for a super clean rental property. Each unit has 3 bedrooms, 2 baths, central air, in-unit laundry and a private deck; bright living spaces with hardwood floors and high ceilings, updated kitchens and baths, and large bedrooms. Outside, you'll find off-street parking and a lush grassy backyard. Ideally situated just minutes from West Medford station, Whole Foods market, Mystic River walking path, and major commuter routes into Boston, this property combines unbeatable convenience with lasting value. 

 

 

Gallery

Interior Details

Apartment #1 

1st Floor & 2nd Floor

1,751 sf - 6 rooms, 3 bedrooms, 2 bathrooms

●  Step up onto the common porch and enter apartment 1 on your left. There is a full-size coat closet to your right and the foyer flows into the living room. 

●  The living room has crown molding, maple flooring, a decorative mantle, 5 windows, and recessed lighting. And check out the pocket door that was restored!

●  The kitchen is bathed in natural sunlight and there is recessed lighting above and undercabinet task lighting. The kitchen has a 5 foot x 6.5 foot oversized island with 2 glass pendants above, grey veined quartz countertops, and a GE dishwasher with hidden controls. The island has storage below and an overhang that can accommodate 3 or 4 bar stools - there is also an undermount sink with a disposal and a pull down faucet. Ample storage is provided in the shaker-style painted wood cabinets and drawers, and there is some open shelving. The white tile backsplash blends with the countertops nicely. Additional appliances include a Whirlpool French door refrigerator (2025) outfitted with ice and water on the door, a GE microwave/convection oven, and a 5-burner gas range.

●  The dining room has two large windows and a modern chandelier. There is direct access to the oversized deck and fenced backyard, ideal for a game of badminton!

●  The first floor bedroom has two large windows and two closets.

●  The first floor bathroom has a frosted window, a gorgeous black and white designer tile floor, and a large vanity. There is a white subway tiled shower surround along with a glass door enclosure.

●  The laundry room is next to the stairs, and has a window that brings in natural light. The stacked front-loading washer and dryer are efficient and space saving.

●  On the second floor, the primary bedroom is quite spacious and has two windows and a double closet.

●  The third bedroom faces the yard and has five windows and a deep closet.

●  The 2nd floor full bath has a hexagonal mosaic tile floor, a vanity for storage, and a medicine cabinet above. The tub/shower combo has a white subway tile surround. Behind the door, there are built-in shelves. 

●  In the hallway, you’ll find a great linen closet.


Apartment #2

2nd & 3rd Floor 

1,499 sf - 5 rooms, 3 bedrooms, 2 bathrooms


●  Step up onto the common porch and enter through a beautifully restored front door into the large private foyer. The original parquet flooring, decorative stained glass window and restored original staircase to the main floor welcomes you.

●  As you ascend to the main floor, there is a window that provides a cross breeze and more natural light. The living room is straight ahead with access to the front 10 ft x 25 ft deck. To the right is the kitchen with an area for dining. On the left is a full bath, and the stairs to the 3rd floor. The unit has dark-stained engineered hardwood flooring throughout. 

●  The living room has plenty of natural light through two large windows and the glass door to the deck. There is recessed lighting and plenty of wall space for art and/or a flat screen TV.

●  The sun-filled kitchen has white quartz countertops that create a peninsula for 3 barstools. The undermounted stainless steel sink has a disposal and a pull down faucet. There are plentiful shaker-style cabinets, some with glass fronts, and the stainless steel GE appliances include a French door refrigerator, a microwave/convection oven, a 5-burner gas range, and a dishwasher with hidden controls. The dining area has a pendant light for the dining table.

●  The 1st floor bathroom has a decorative black and white tile floor, a vanity, and a mirror above. The shower stall has white subway tile surround and a glass door enclosure with a matching black and white tile shower floor.

●  The staircase up to the third floor has another stained glass decorative window. The third floor has three bedrooms, a full bath, and a laundry closet.

●  The full bath has 12” x 12” tile floors, a tub/shower combo with white subway tile surround up to the ceiling. The bathroom has a skylight, a vanity with a quartz countertop, and a mirror above.  

●  The rear bedroom is used as the primary bedroom and has a double window, a walk-in closet, and a 2nd open closet. 

●  The front bedroom has two large windows and a deep closet. 

●  The middle bedroom, although smaller, works nicely as a home office, workout area, or a guest room.


Floor Plan

More Information

Systems

(Unit 1)

  Heat & Cooling: Central AC and high-efficiency hydro-air heating controlled with a Nest smart thermostat. A Navien boiler provides the heat to the Bryant air handler, and the outside condenser delivers the cooling. (2016). There is also a strip of baseboard heat in the 1st floor foyer that is connected to the Navien.

●  Hot Water: Navien on-demand tankless water heater (2016).

●  Electrical: Separate panel with 100 amps through circuit breakers (2016).

●  Laundry: LG front-loading washing machine (2023) and Frigidaire front-loading electric dryer (2016).

●  EV Charger: Level 2 electric car charger outlet (240v).

●  Eversource: According to National Grid, the average monthly electricity bill is $131 and average monthly gas bill is $139.


(Unit 2)

●  Heat & Cooling: Central AC and high-efficiency hydro-air heating controlled with an Ecobee smart thermostat. A Navien boiler provides the heat to the First Co. air handler, located in the attic, and the outside condenser delivers the cooling. (2016).

●  Hot Water: Navien on-demand tankless water heater (2026).

●  Electrical: Separate panel with 100 amps through circuit breakers (2016).

●  Laundry: LG front-loading washing machine (2025) and Frigidaire front-loading electric dryer (2016).

●  Eversource: According to National Grid, the average usage for electricity is $156/month and for gas is $63/month.


Soundproofing

●  Interior walls have open-cell spray foam for sound dampening and the ceilings have rubber damper ceiling suspension.

●  Drywall: Unit separation walls have 1" soundproof sheetrock with Green Glue acoustic compound on the joints.

●  Floors: Upstairs floating floor has soundproofing underlayment installed beneath the flooring.


Basement

●  Common basement storage with a keypad lock. Separate and private storage areas for each apartment. Brick and fieldstone foundation was repointed in 2016.

●  Rain Bird irrigation system (2019) located in the Unit 2 storage area has a dedicated meter, which reduces the water and sewer bills. 

●  All plumbing was replaced in 2016 including a new copper water line from the street. 


Exterior

Parking: 2 parking spaces in driveway. See drawing for updating the parking area to accommodate side-by-side parking with permeable pavers.

Roof: CertainTeed Landmark Series Architectural Asphalt Shingles (2015) with a transferable warranty.

Foundation: Fieldstone and brick, repointed in 2016.

Windows: Triple pane installed by previous owner and 6 newer Andersen thermopane windows were installed, mostly on the 1st floor in 2016.

Insulation: Closed-cell spray foam on the exterior walls and roof. Open cell spray foam on interior walls and floors, and between the units (2016).

Outdoor Space: Large 1st floor rear deck off of dining room and large 10 ft x 25 ft front deck on 2nd floor off of living room. Partially fenced lush grassy rear yard. 

Additional Information

Taxes: $10,246.18, FY2026 without residential exemption.

Occupancy: The current 2nd floor Tenants have a lease for $3,385, which ends August 31, 2026. The 1st floor was rented for $3,800 through May.

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Showing Information: 

  

 

 Please  call

Lisa J. Drapkin, 617.930.1288, Mona Chen, 781.915.7267, or Amy Lam, 617.669.5574 to make an appointment.



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