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INVESTOR'S DREAM! Rare turn-key 3-unit with 40-year track record and expansion potential in a coveted location! Unlock immediate cash flow in this Medford triple-decker. Centrally located just minutes from I-93, this property offers a rock-solid investment with a stable 40-year rental history. Three spacious 3-bedroom, 1-bath units with details not often seen: 9-ft ceilings, hardwood floors, wood moldings, built-ins, stained glass, walk-in pantries, and front and back covered porches. Bonus: "Value-add" potential - convert garage into a 4th dwelling unit (see AI photo) to maximize net operating income (subject to zoning/permits). Overlooking Hickey Park, tenants enjoy a "park setting" with easy access to recreation, subway, bus routes, and the Middlesex Fells Reservation hiking trails. Whether you're looking for a turn-key rental, a condo conversion project, or a sunlight filled owner-occupant home, this corner-lot gem is ready for its next chapter. All offers considered - don't wait!

More Info

Basic Information

  • Lot Features Corner Lot, Cleared, Level
  • Mls StatusActive
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $1,068,100
  • Tax Year 2025
  • Taxes$9,399

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Parking Features Off Street, Common
  • Parking Spaces4

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms9
  • Full Bath3

Basic Information

  • List Price$1,799,900
  • MLS Number73501633
  • Modification Date05/25/2026
  • Property SubType3 Family - 3 Units Up/Down

Location

  • Address320 Fellsway West
  • Building Number320
  • CountyMiddlesex
  • StateMA
  • StreetFellsway West
  • TownMedford
  • Zip02155

Building

  • BasementFull, Interior Entry, Sump Pump, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Garage Spaces2
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms18
  • Stories3
  • Units3
  • Year Built1905
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.1

Interior

  • Interior Features Living Room, Dining Room, Kitchen

Exterior

  • Exterior Features Rain Gutters
  • RoofShingle, Rubber

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Steam, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,128
  • Lot Size Square Feet 4,345
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet4,128

Amenities

  • AmenitiesSidewalks
  • Other AmenitiesBasement

Other

  • Date Listed04/15/2026
  • Farm Land Area Units Square Feet
  • View Count7

Map Location

Driving Directions

Listed by The Laura Baliestiero Team of Coldwell Banker Realty - Concord

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