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87 Forest Street

Medford, MA 02155
$1,625,000
9 Beds
4 Baths
4,480 Living Area
  • Property Description
    Discover the perfect blend of comfort, convenience, and potential in this exceptional three-family residence nestled in Medford. Located a quarter of a mile from Medford square, a half mile from the Middlesex Fells Reservation, and easy access to Route 93 for seamless commuting to the city, this property offers the ideal balance of urban amenities and suburban tranquility. With the first floor vacant, it is ready to be transformed into your dream living space. Seize the opportunity to customize a stylish owner-occupied unit with rental income potential, or a savvy investment opportunity, the possibilities are endless. The second and third floor units have existing TAW, providing immediate income potential. Benefit from rental income while exploring further expansion or renovation opportunities to add value. Each unit has 3 bedrooms, 1 bathroom, stainless steel appliances, hardwood floors, private outdoor space and several parking spaces. Gas and Electricity are already separated!
  • Highlights
    • Cooling: Central Air, Window Unit(s)
    • Parking Spots: 8
    • Property Type: 3 Family - 3 Units Up/Down
    • Year Built: 1893
    • Heating: Hot Water, Natural Gas, Radiant, Steam
    • Property Class: Residential Income
    • Total Rooms: 17
    • Status: Closed
  • Additional Details
    • Appliances: Washer, Dryer, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Oven
    • Exclusions: Stained Glass Window, Chandelier
    • Fireplaces: 3
    • Foundation: Stone
    • Road Frontage Type: Public
    • Year Built Details: Actual
    • Zoning: Gr
    • Basement: Full, Bulkhead, Concrete
    • Exterior Features: Balcony/Deck, Rain Gutters, Garden
    • Flooring: Wood, Hardwood
    • Interior Features: Laundry Room, Mudroom, Ceiling Fan(s), Crown Molding, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Storage, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, University
    • Parking Features: Paved Drive, Off Street, Leased, Assigned
  • Utilities
    • Electric: 200+ Amp Service, Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,484,800
    • Compensation Based On: Gross/Full Sale Price
    • Rental Fee Includes: Unit 2(Water), Unit 3(Water)
    • Taxes: $12,640
    • Buyer Agent Compensation: 2.5%
    • Facilitator Compensation: 2.5%
    • Tax Year: 2023
    • Total Rent: $5,150

Location

87 Forest Street, Medford, MA 02155

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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 Cameron Real Estate Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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