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.
- Basement:
- Full, Walk-out Access
- Parking:
- Tandem, Off Street, Paved Drive
- Appliances:
- Range, Dishwasher, Microwave, Refrigerator
- Construction:
- Frame
- Exterior Unit Features:
- Rain Gutters, Garden
- Flooring:
- Tile, Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Electric Feature:
- Circuit Breakers, Individually Metered, 200+ Amp Service
- Garage Parking
- Interior Features:
- Kitchen, Dining Room, Living Room
- Lead Paint:
- Certified Treated
- Market Time:
- 4
- Parking Spaces:
- 2
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $437
- Zoning:
- GR
- No Units:
- 2
- Orig Price:
- $1,150,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Medford
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02155
- Longitude:
- W72° 54' 18.4''
- Latitude:
- N42° 25' 25.3''
Residential Income
38-40 Cherry St, Medford, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,150,000
- Bedrooms :
- 6
- Rooms :
- 14
- Total Bathrooms :
- 2
- Full Bathrooms :
- 2
- Square Footage :
- 2,630 Sqft
- Year Built :
- 1920
- Lot Area :
- 0.09 Acre
- Listing ID :
- 73536452
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
