For Sale

38-40 Cherry St, Medford, MA

Medford · MA 02155

$1,140,000
Price
6
Beds
2
Baths
2630
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 2 Units
Lot size: 4,050 Sq.Ft Lot
Price per square foot: $433 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

38-40 Cherry St Medford | 2 Family | 6 Bed 2 bath | 2630 sqft | 405 sqft lotMeticulously maintained Medford 2-family with lots of updates by the current owner that still offers an opportunity for upside improvements. Both units have had regular updates, including recently refinished hardwood floors, regular paint updates, and updated kitchens and baths. Both units are currently rented under leases, making it a great investment property with an opportunity for future owner-occupancy. The walk-up heated attic provides a great opportunity for expanding the 2nd-floor unit. Electric was updated to 200amp, boilers were done in the early 2000s, and water heaters were recently replaced. The roof was done in 2008. Full basement waterproofing just completed. Mini splits were added to unit 2 in 2020, and 1st floor windows have just been updated.

Neighborhood & Transit

38-40 Cherry St, Medford · MA 02155

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
140 days
Listing Price:
$1,140,000
Price per Sq.Ft:
$433
Tax Assessment:
$1,062,900 in 2026
Taxes:
$764 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,630 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2630
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 200 Amps, Individually Metered

Exterior Features

Lot Size
4,050 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jamie Thompson
Listing office
Thompson Realty
MLS PIN #
73536452