50 Lambert St., Medford, MA 02155

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
50 Lambert St.,Medford, MA 02155
$1,575,000
  • 12 Beds
  • 3 Baths
  • 4,008 sq. ft.
  • Multi-family
  • Active
Listed by: alex genovese, julia norman
Office: flow realty, inc.
MLS#:73578881
Source:MLSPIN

Price summary

  • Price:$1,575,000
  • Price per sq. ft.:$392.96

About this home

This classic flat-roof triple-decker presents an exceptional investment opportunity in a convenient Medford location, generating over $10,000 per month in gross rents with massive upside. Units 1 and 2 are currently leased through August 2027, while the vacant third unit provides the perfect setup for an savvy owner-occupant or an investor looking to maximize returns. Each unit boasts a similar, highly functional layout featuring four spacious bedrooms with ample closets, updated kitchens, high-demand in-unit laundry, and private front and rear balconies. Key mechanical updates offer peace of mind, including a six-year-young roof and brand-new 2025 boilers in Units 1 and 2. Situated directly on the 101 bus line, steps from Target, and just a mile from Malden Center and the Orange Line, this high-yield multi-family delivers an unbeatable mix of classic local architecture, turn-key convenience, and premium cash flow.

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Home facts

  • Year built:1900
  • Listing ID #:73578881
  • Updated:November 03, 2026 at 12:36 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:18
  • Flooring:Hardwood
  • Bathrooms Description:Bathroom With Tub & Shower
  • Kitchen Description:Dishwasher, Disposal, Freezer, Kitchen, Range, Refrigerator
  • Basement Description:Full, Unfinished
  • Living area:4,008 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Oil

Structure and exterior

  • Year built:1900
  • Building area:4,008 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Corner Lot
  • Exterior Features:Balcony/Deck, Porch
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,575,000
  • Price per sq. ft.:$392.96
  • Tax amount:$11,609 (2026)

Features and amenities

  • Appliances:Dishwasher, Disposal, Freezer, Range, Refrigerator, Washer/Dryer
  • Laundry features:Washer/Dryer
  • Amenities:Ceiling Fan(s)

Parking

  • Total parking spaces:4
  • Parking description:Off Street
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. MLS Property Information Network, Inc. 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.