38-40 Cherry St
Medford, MA 02155
6
Bed
2
Bath
2,630Sqft
0.09Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Total Bedroom: 6 Window Feature: Insulated Windows -
Flooring Information
Wood, Tile -
Roofing Information
Shingle -
Interior Features
Living Room, Dining Room, Kitchen Roof: Shingle Appliances: Range, Dishwasher, Microwave, Refrigerator -
Heating & Cooling
WaterSource: Public
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Building Information
Year Built: 1920 Construction Materials: Frame Basement: Full, Walk-Out Access -
Exterior Features
Rain Gutters, GardenFoundation Details: Block, StonePorch: Porch -
Fencing
Fenced
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Lot Information
Lot Description: Level Lot Size Area: 0.09 Lot Size Units: Acres Lot Square Feet: 4,050 Lot Acres: 0.09 Stories: 3 Main Square Feet: 0.09Property Information
Property Type: Residential Income Sub Type: 2 Family - 2 Units Up/DownSQ ft (Living Area): 2,630
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Listing Price Information
Original Listing Price: $1150000
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Tax Information
Annual Tax: $9173
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Parking Information
Parking Total: 2 Paved Drive, Off Street, Tandem
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Location Information
Direction: Salem St to Cherry St
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4 Fifth, Medford, MA, 02155 | $869,000 | 4 | 2 | 2,344 | 2,344 SqFt |
| 7-9 Second St, Medford, MA, 02155 | $1,999,900 | 7 | 5 | 3,718 | 3,718 SqFt |
| 50 Third St, Medford, MA, 02155 | $964,999 | 5 | 2 | 2,224 | 2,224 SqFt |
| 11 Pinkert St, Medford, MA, 02155 | $949,000 | 3 | 2 | 1,796 | 1,796 SqFt |
| 57 Lawrence Street, Medford, MA, 02155 | $1,099,900 | 5 | 2 | 2,415 | 2,415 SqFt |
| 92 Sheridan Ave, Medford, MA, 02155 | $1,100,000 | 6 | 3 | 2,513 | 2,513 SqFt |
| 33 Farragut Ave, Medford, MA, 02155 | $1,780,000 | 8 | 4 | 3,411 | 3,411 SqFt |
| 562 Main St, Medford, MA, 02155 | $1,080,000 | 4 | 2 | 2,679 | 2,679 SqFt |
| 17 Cherry Street, Medford, MA, 02155 | $2,299,900 | 10 | 6 | 4,680 | 4,680 SqFt |
| 38 Pembroke St, Medford, MA, 02155 | $1,299,899 | 6 | 2 | 3,240 | 3,240 SqFt |
Similar Multifamily To 38-40 Cherry St
Nearby For Sale
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ByOwner last updated this listing 06/23/2026 @ 09:33
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