38-40 Cherry StreetMedford, MA 02155MLS Number 73536452

  • Price: $1,150,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
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38-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 0215538-40 Cherry Street Medford MA 02155
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  • 6Bedrooms
  • 0.09Acreage
  • 2Bathrooms
  • 1920Year Built

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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.
Listed by Jamie Thompson of Thompson Realty

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More Info

Basic Information

  • Gross Income $67,200
  • Lot Features Level
  • Mls StatusNew

Basic Information

  • List Price$1,150,000
  • MLS Number73536452
  • Modification Date06/17/2026
  • Property SubType2 Family - 2 Units Up/Down
  • Virtual TourView Tour

Interior

  • Flooring Wood, Tile
  • Interior Features Living Room, Dining Room, Kitchen

Utilities

  • Electric Circuit Breakers,200+ Amp Service, Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator
  • Other AmenitiesBasement, Garden

Tax Information

  • Tax Assessed Value $1,062,900
  • Tax Year 2026
  • Taxes$9,173

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms6
  • Full Bath2

Building

  • BasementFull, Walk-Out Access
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors
  • FoundationBlock, Stone
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms14
  • Stories3
  • Units2
  • Window Features Insulated Windows
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Date Listed06/16/2026
  • Farm Land Area Units Square Feet

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Tandem
  • Parking Spaces2

Location

  • Address38-40 Cherry Street
  • Building Number38-40
  • CountyMiddlesex
  • StateMA
  • StreetCherry Street
  • TownMedford
  • Zip02155

Property

  • Acreage0.09

Exterior

  • Exterior Features Rain Gutters, Garden
  • Fencing Fenced
  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 2,630
  • Lot Size Square Feet 4,050
  • Lot Size Units Acres
  • Square Feet2,630
CENTURY 21 Shawmut Properties | Brighton
CENTURY 21 Shawmut Properties | Brighton
134 Tremont Street
Brighton, MA 02135

Medford, MA Demographics

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Medford, MA Real Estate Market Data

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Medford, MA Schools

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