38-40 Cherry St, Medford, MA

$1,200,000

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6

Beds

2

Baths

2,630

Square feet

0.09

Acres

About 38-40 Cherry St

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.

Pricing and availability subject to change.

Features of 38-40 Cherry St

MLS® # 73536452
Price $1,200,000
Bedrooms 6
Bathrooms 2
Full Baths 2
Square Footage 2,630
Acres 0.09
Year Built 1920
Type Residential Income
Sub-Type 2 Family - 2 Units Up/Down
Status Active

Community Information

Address 38-40 Cherry St
City Medford
County Middlesex
State MA
Zip Code 02155

Amenities

Parking Spaces 2
Parking Paved Drive, Off Street, Tandem
Is Waterfront No
Has Pool No

Interior

Interior Features Living Room, Dining Room, Kitchen
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace No
# of Stories 3
Stories 3
Has Basement Yes
Basement Full, Walk-Out Access

Exterior

Exterior Features Rain Gutters, Garden
Lot Description Level
Windows Insulated Windows
Roof Shingle
Construction Frame
Foundation Block, Stone

Additional Information

Zoning GR

Listing Map

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