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320 Fellsway W, Medford, MA, 02155

9beds
3baths
4,128sqft
$1,799,900
$436price/sqft
$11,553/moest. monthly cost
$462,120/yrincome needed

About This Home

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!

Getting Around

69
WalkingSomewhat Walkable
45
TransitSome Transit
51
BikeBikeable

Schools

5/10
Roberts Elementary SchoolGrades PK-50.2 mi
5/10
Andrews Middle SchoolGrades 6-80.9 mi
5/10
Medford High SchoolGrades PK,9-121.4 mi

Construction

Condition

  • Year built: 1905

Materials

  • Foundation: Stone
  • Roof: Shingle,Rubber
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family - 3 Units Up/Down

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Sump Pump,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Living Room,Dining Room,Kitchen
  • Finished area above ground: 4,128

Heating & Cooling

  • Heating features: Steam,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 4,128
  • Total interior livable area: 4,128 sqft

Property

Details

  • Parcel number: MEDFMJ12B0039
  • Zoning: R
  • Exclusions: A Couple Hanging Lamp Lights.

Features

  • Patio & porch: Porch
  • Exterior features: Rain Gutters

Lot

  • Lot size: 4,345 sqft
  • Features: Corner Lot,Cleared,Level

Parking

  • Total spaces: 4
  • Parking features: Off Street,Common
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 2