38-40 Cherry St, Medford, MA 02155

  • Active
  • Virtual Tour
  • Price Reduced$60,000

 $1,140,000

  • 6 BedroomBedrooms
  • 2 BathroomBathrooms
  • 2,630 Sq.Ft.
  • Multi-Family
  • Active
  • MLS# 73536452
  • Sold On
  • Rental
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Source MLS Verified

PROPERTY DESCRIPTION

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.

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Property Details

General

  • County: Middlesex
  • Acreage: 0.09
  • Beds: 6
  • Full Bathrooms: 2
  • Year Built: 1920
  • Sq. Ft.: 2,630
  • Lot Description: Level
  • Garage/Parking Spaces: 0.00

Interior Features

  • Interior Features: Living Room, Dining Room, Kitchen

Financial Considerations

  • Tax Amount: $9,173
  • Tax Year: 2026

Activity

  • Days On Market: 131
  • List Date: 06/16/2026
 

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