This charming Old East Medford home sits on a large .40 acre corner lot, conveniently located close to I-5, within minutes to schools, parks, medical, restaurants and shopping. The traditional 1,555 SF ranch style home offers a large living room with a wood burning fireplace and huge picture windows that allow for an abundance natural light to fill the room. The cozy dining room leads to the galley kitchen with a breakfast nook and a dedicated laundry room/pantry with floor to ceiling cabinets on one wall, as well as above the washer & dryer. Down the hallway you will find 3 bedrooms, each with original hardwood floors, along with 2 bathrooms, as well as more built in cabinets and shelving for additional storage. The large yard beckons with endless possibilities, both in front and in the back, with room for an Accessory Dwelling Unit up to 900 SF, per Medford Planning Department. Don't miss out on this rare opportunity to invest and build equity!