124-126 Forest St, Medford, MA 02155
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$1,390,000
3 Unit
6 Beds
4 Baths
3797 SQFT
0.33 Acre

Property Description

**Prime Investment and Development Opportunity in Medford!**Spacious 3-family home on a 8,500 sqft lot, with an additional 6,000 sqft adjacent lot. Just minutes from downtown Medford, this property offers incredible potential.Each unit features hardwood floors, a living room, an eat-in kitchen, 2 bedrooms, and 1 bath. The semi-finished basement includes a full bath and good ceiling height, providing ample expansion potential. Additional highlights include separate utilities for each unit, abundant off-street parking, and private outdoor space. With strong rental income potential or the option for condo conversion, this property is perfect for investors, developers, or owner-occupants.Conveniently located near major highways, public transportation, and a vibrant mix of shops, restaurants, and amenities.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Total Fireplaces: 2
  • Amenities: Conservation Area, Highway Access, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Interior Access, Partially Finished
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame, Stone/Concrete
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73412073
  • Last Updated: 08/01/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/31/2025New$1,390,000$366MLSPIN

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Seller's Representative: Ben Chau, Senne
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-08-01 03:30:00

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