124 Forest St Medford, MA
$1,450,000
Beds 6
Baths 3
Square Feet 3,700
Acres 0.33
Description
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 to verify including all approximate dimensions. Commuter rail, dining, and Boston routes are close by.
Listed by Midtown Properties, Inc., Jason Pan
Details
MLS 73547016
Status Active
Price $1,450,000
DOM 96 days
Type Multi-Family
Beds 6
Baths 3 full baths
Square Feet 3,700 sqft
Lot Size 0.33 acres
Year Built 1920
Lot & Building Features
Appliances Dryer, Washer
Sewer Public Sewer
Tax Year 2026
Taxes Paid $10,165
Water Public
Foundation Other
Full Baths 3
Total Rooms 12
Garage Spaces 0
Fireplaces 2
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

