124 Forest St
$1,450,000
6
Beds
3
Baths
3,700
Sqft
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$1,450,000
6
Beds
3
Baths
3,700
Living Area
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Property 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.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1920
- Parking Spots: 6
- Property Type: 3 Family
- Total Rooms: 12
- Status: Active
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Additional Details
- Appliances: Washer, Dryer
- Foundation: Other
- SqFt Source: Owner
- Year Built Details: Approximate
- Zoning: Sf1
- Fireplaces: 2
- Lot Features: Level
- Total Number of Units: 3
- Year Built Source: Public Records
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,181,400
- Taxes: $10,165
- Tax Year: 2026
- Total Rent: $9,200
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Midtown Properties, Inc..
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