50 Lambert St., Medford, MA 02155
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
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
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