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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

Basic Information

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

Property

  • Acreage0.1

Interior

  • Interior Features Living Room, Dining Room, Kitchen

Utilities

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

Amenities

  • AmenitiesSidewalks
  • Other AmenitiesBasement

Tax Information

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

Rooms

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

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

Parking

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

Location

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

Exterior

  • Exterior Features Rain Gutters
  • RoofShingle, Rubber

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

Other

  • Date Listed04/15/2026
  • Farm Land Area Units Square Feet
  • View Count4

Map Location

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

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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