$1,150,000 ($437.26 per sqft)

Est. Mortgage $5,516/mo *

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Open House Schedule

06/28/2026
12:00 PM to 2:00 PM
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38-40 Cherry St, Medford, MA, 02155

38-40 Cherry St, Medford, MA, 02155

14 rooms

6 beds

2 Full baths

1920

2,630 sqft

Meticulously 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. Mini splits were added to unit 2 in 2020, and 1st floor windows have just been updated.


Status:

Active

Type:

Multi-family

Units:

2

Zoning:

GR

Basement:

Full, Walk-Out Access

Levels:

3

Parking:

2-car, Paved Drive, Off Street, Tandem

Acreage:

0.09

Est. Taxes:

$9,173

Assessment

$1,062,900

Construction

Frame

Lot Description:

Level

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Appliances:

Range, Dishwasher, Microwave, Refrigerator

MLS #:

73536452


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Jamie Thompson, Thompson Realty 781-395-1616