aisellshomes.space

$1,450,000

Active

124 Forest St

Medford, MA, 02155

Multi-Family · MLS #73547016

Price/sqft

$382

Days on market

8 days

Year built

1920

Lot size

0.33 ac

3,797 sq ft

Sq Ft

0.33 acres

Lot

1920

Year Built

Taxes: $10,165 (2026)

About this home

Set in West Medford just 1.4 miles (a 5-minute drive) from Tufts' Tisch Library, this income-producing three-family sits on a generous 14,506 SF of land (two parcels, including a 6,006 SF accessory lot) and blends 1920s character with updates. The first-floor unit spans two levels into a finished lower level with two full baths and in-unit laundry. Two upper units each offer three rooms, a full bath, and flexible space, sharing basement laundry. Inlaid hardwoods, carved mantels, leaded glass, and bay windows run throughout, and the first floor features a refreshed kitchen with stainless appliances. Gas hot-water heat, covered front porch, and level yard, plus a multi-car driveway with added parking-income potential. Now producing about $9,200/month, with two units utility-inclusive. The oversized double-lot offers potential for an additional dwelling or single-family building site—subject to City zoning approval and due diligence. Commuter rail, dining, and Boston routes are close by.

Location

124 Forest St, Medford, MA, 02155

Listed by Jason Pan · Midtown Properties, Inc.

Schedule a showing

124 Forest St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$8,906 / month

Down payment20% · $290,000
Interest rate6.66%

Loan term

Principal & interest
$7,454
Property tax
$847
Home insurance
$604

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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