38-40 Cherry St, Medford, MA 02155

Medford
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
38-40 Cherry St,Medford, MA 02155
$1,150,000
  • 6 Beds
  • 2 Baths
  • 2,630 sq. ft.
  • Multi-family
  • Active
Listed by: jamie thompson
Office: thompson realty
MLS#:73536452
Source:MLSPIN

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$437.26

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:73536452
  • Updated:June 18, 2026 at 10:32 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:14
  • Flooring:Tile, Wood
  • Dining Description:Dining Room
  • Kitchen Description:Dishwasher, Kitchen, Microwave, Range, Refrigerator
  • Basement Description:Full, Walk-Out Access
  • Living area:2,630 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1920
  • Building area:2,630 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Level
  • Construction Materials:Frame
  • Exterior Features:Garden, Porch, Rain Gutters
  • Foundation Description:Block, Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$437.26
  • Tax amount:$9,173 (2026)

Features and amenities

  • Appliances:Dishwasher, Microwave, Range, Refrigerator

Parking

  • Total parking spaces:2
  • Parking description:Off Street, Paved Drive, Tandem
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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