$1,200,000
 $6,442 est/mo Sourced by Back At You

38-40 Cherry St,Medford, MA 02155

Medford, MA 02155

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Description

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

Details

MLS #73536452
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1920
Days On Site105
Listing Provided ByThompson Realty | Jamie Thompson

Features

Bed(s)6
Bath(s) 2 Total
SQ Feet2,630
BasementY
Story(s)3
Units2
ZoningGR
Acreage0.09

Interior

Rooms Total14
Interior FeaturesLiving Room, Dining Room, Kitchen
Window FeaturesInsulated Windows
AppliancesRange, Dishwasher, Microwave, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo
FlooringWood, Tile

Exterior

Exterior FeaturesRain Gutters, Garden
RoofShingle
Construction MaterialsFrame
Foundation DetailsBlock, Stone
Lot FeaturesLevel
FencingFenced

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Off Street, Tandem
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer
ElectricCircuit Breakers, 200+ Amp Service, Individually Metered

Taxes

Tax Annual Amount9173
Tax Assessed Value1062900
Tax Year2026

Location

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

Area Information

StateMA
CountyMiddlesex
CityMedford
Zip Code02155
AreaMiddlesex
Listing VS Median (in 02155)
Price:
$1,200,000
low | high
Med:
$505,000
100% of Average
sqft:
2,630
low | high
Med:
1,249
100% of Average
$ / sqft:
$456
low | high
Med:
$416
58.83394262754% of Average
On site:
105
low | high
Med:
115.5
90.909090909091% of Average
Sourced by Back At You

Market Activity 02155

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyMiddlesex
CityMedford
Zip Code02155
AreaMiddlesex
Listing VS Median (in 02155)
Price:
$1,200,000
low | high
Med:
$505,000
100% of Average
sqft:
2,630
low | high
Med:
1,249
100% of Average
$ / sqft:
$456
low | high
Med:
$416
58.83394262754% of Average
On site:
105
low | high
Med:
115.5
90.909090909091% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $900K - $1.5M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
66 Almont St Property Photo 1
$1,050,000
66 Almont St
Medford, MA 02155
Listing Updated: September 14, 2026 at 2:39:25 AM PDT