Potential two unit development. Rare opportunity in the heart of West Medford! This traditional Colonial, set on a large private lot, offers exceptional potential for developers, investors, or buyers with vision. Currently zoned GR, the property presents the strong possibility for 2 units with street frontage on both Sharon and Sherman Streets. Historic Commission approval for removal has already been obtained by the owners but is not transferrable. However, the new owner may reapply. Ideally located with easy access to Cambridge, Boston, and Tufts University, while also convenient to the MBTA Commuter Rail with direct access to North Station. Enjoy nearby shops, restaurants, and the vibrant West Medford neighborhood. Whether restoring the existing home or pursuing redevelopment, this is a unique opportunity in a prime location.
| MLS # | 73542764 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 83 |
| Listing Provided By | Gibson Sotheby's International Realty | Steve McKenna & The Home Advantage Team |
| Zoning | GR |
|---|---|
| Acreage | 0.14 |
| Water Front | Yes |
| Lot Features | Level, Curbs & Gutters, Sidewalks |
|---|
| Sewer | Public Sewer |
|---|---|
| Gas | On-Site |
| Electric | On-Site |
| Tax Annual Amount | 5702 |
|---|---|
| Tax Assessed Value | 648000 |
| Tax Year | 2025 |
| Community Features | Public Transportation, Shopping, Tennis Court(s), Park, Bike Path, Private School, Public School, Sidewalks |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Middlesex |
| City | Medford |
| Zip Code | 02155 |
| Area | West Medford |
| School District | Mhs |
| Elementary School | Brooks |
| High School | Mhs |
| Listing VS Median (in 02155) | |
Price: $950,000 low | high Med: $497,000 On site: 83 low | high Med: 61 | |
| State | MA |
|---|---|
| County | Middlesex |
| City | Medford |
| Zip Code | 02155 |
| Area | West Medford |
| School District | Mhs |
| Elementary School | Brooks |
| High School | Mhs |
| Listing VS Median (in 02155) | |
Price: $950,000 low | high Med: $497,000 On site: 83 low | high Med: 61 | |
![]() | $679,90044 Jerome StMedford, MA 02155 |
![]() | $199,0000 Jerome StreetMedford, MA 02155 |
![]() | $1,195,000621 High StMedford, MA 02155 |