Experience the ideal fusion of comfort, convenience, and opportunity with this beautifully renovated three-family residence in Medford. Situated just a quarter-mile from the vibrant Medford Square and half a mile from the picturesque Middlesex Fells Reservation, this property provides easy access to Route 93, ensuring a smooth commute to the city. It perfectly captures the essence of urban convenience and suburban serenity, offering a harmonious living environment. Excellent investment opportunity featuring three distinct condos. Each spacious unit includes 3 bedrooms and 1 bathroom, with sizes ranging from 1,500 to 1,700 square feet. Benefit from 8 off-street parking spaces and the convenience of in-unit laundry in every condo. Recent renovations include brand-new kitchens and bathrooms, beautifully refinished hardwood floors, and fresh interior and exterior painting. This property offers a turn-key investment with modern updates and ample space for potential tenants.
Sold for $2,279,000
$2,279,000
87 Forest St, Medford, MA 02155
9beds
4,800sqft
3 Family - 3 Units Up/Down
Built in 1893
-- sqft lot
$2,283,900 Zestimate®
$475/sqft
$3,880 Estimated rent
Home value
$2,283,900
$2.12M - $2.47M
$3,880/mo
Zestimate® history
Owner options
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$3,880/mo
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$3,880/mo
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$11,553/mo
Est. payment
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$11,553/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
The Marrocco Group 781-799-0666,
Coldwell Banker Realty - Lexington 781-862-2600
Bought with:
Betsy Herald
The Charles Realty
Source: MLS PIN,MLS#: 73284650
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air, None
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Washer Hookup, Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup
Features
- Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Internet Available - Unknown, Crown Molding, Living Room, Dining Room, Kitchen, Laundry Room
- Flooring: Wood, Tile, Hardwood
- Basement: Full,Bulkhead,Concrete,Unfinished
- Number of fireplaces: 3
- Fireplace features: Wood Burning
Interior area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved Drive, Off Street, Deeded, Paved
- Uncovered spaces: 8
Features
- Patio & porch: Porch, Deck
- Exterior features: Rain Gutters, Professional Landscaping, Garden
Lot
- Size: 0.36 Acres
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: M:K10 B:0022,636464
- Zoning: RA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Slate
Condition
- Year built: 1893
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit
Green energy
- Energy efficient items: Thermostat
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Highway Access, Public School
Location
- Region: Medford
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2024 | Sold | $2,279,000-5%$475/sqft |
Source: MLS PIN #73284650 Report a problem | ||
| 9/18/2024 | Contingent | $2,399,000$500/sqft |
Source: MLS PIN #73284650 Report a problem | ||
| 9/4/2024 | Listed for sale | $2,399,000+47.6%$500/sqft |
Source: MLS PIN #73284650 Report a problem | ||
| 5/20/2024 | Sold | $1,625,000+1.6%$339/sqft |
Source: MLS PIN #73221183 Report a problem | ||
| 4/18/2024 | Contingent | $1,600,000$333/sqft |
Source: MLS PIN #73221183 Report a problem | ||
| 4/8/2024 | Listed for sale | $1,600,000$333/sqft |
Source: MLS PIN #73221183 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,650 | $1,484,800 |
| 2024 | $12,650 +1.5% | $1,484,800 +3% |
| 2023 | $12,466 -1.4% | $1,441,100 +2.7% |
| 2022 | $12,641 +2.8% | $1,403,000 +7.4% |
| 2021 | $12,291 +3.8% | $1,306,200 +1.2% |
| 2020 | $11,846 +1.7% | $1,290,400 +6.3% |
| 2019 | $11,650 +2.4% | $1,213,500 +9.2% |
| 2018 | $11,376 +8% | $1,110,900 +11.4% |
| 2017 | $10,534 +10% | $997,500 +16.6% |
| 2016 | $9,575 +9.2% | $855,700 +14.1% |
| 2015 | $8,771 +8.3% | $749,700 +13.4% |
| 2014 | $8,096 +4.2% | $660,900 +5.1% |
| 2013 | $7,769 +5% | $628,600 +2.2% |
| 2012 | $7,398 +3.6% | $615,000 |
| 2011 | $7,140 +2% | $615,000 -3.5% |
| 2010 | $6,999 -18.5% | $637,400 -25.2% |
| 2009 | $8,586 +4.6% | $851,800 -5.3% |
| 2008 | $8,207 +2.6% | $899,900 |
| 2007 | $8,000 -2.9% | $899,900 -0.5% |
| 2006 | $8,240 +10.9% | $904,500 +14.8% |
| 2005 | $7,429 +6.5% | $787,800 +7.1% |
| 2004 | $6,976 +13.1% | $735,900 +58.5% |
| 2003 | $6,166 +3.4% | $464,300 |
| 2002 | $5,966 +31.8% | $464,300 +63.3% |
| 2000 | $4,528 +2.8% | $284,400 |
| 1999 | $4,405 | $284,400 |
Find assessor info on the county website
Neighborhood: 02155
Nearby schools
GreatSchools rating
- 5/10Roberts Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Andrews Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Medford High SchoolGrades: PK,9-12Distance: 1.1 mi
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Estimated market value
$2,283,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,283,900
- Massachusetts
- Middlesex County
- Medford
- 02155
- 87 Forest St
Nearby cities
Nearby zip codes
Other Medford Topics
