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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.

More Info

Basic Information

  • Gross Income $110,400
  • Lot Features Level
  • Mls StatusNew
  • Parcel Number M:J10 B:0046 L:0000,635258

Tax Information

  • Tax Assessed Value $1,181,400
  • Tax Year 2026
  • Taxes$10,165

Parking

  • Parking Spaces6

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Basic Information

  • List Price$1,450,000
  • MLS Number73547016
  • Modification Date07/09/2026
  • Property SubType3 Family

Location

  • Address124 Forest Street
  • Building Number124
  • CountyMiddlesex
  • StateMA
  • StreetForest Street
  • TownMedford
  • Zip02155

Building

  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationOther
  • Levels 3
  • Rooms12
  • Stories3
  • Units3
  • Year Built1920
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.33

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Owner
  • Living Area 3,797
  • Lot Size Square Feet 14,506
  • Lot Size Units Acres
  • Square Feet3,797

Amenities

  • Appliances IncludedWasher, Dryer
  • Other AmenitiesBasement, Fireplace

Legal

  • ZoningSF1

Other

  • Date Listed07/09/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Jason Pan of Midtown Properties,Inc.

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