Multi Family · MBTA
50 Lambert St.
Medford, MA 2155 · MLS 73578881
$1,575,000
1 / 38
- Beds—
- Baths—
- Sq Ft4,008
- Year1900
- Style—
- $ / Sq Ft$393
- HOA—
- Taxes$11,609
- Parking4
- Lot3360.0
- MLS73578881
- StatusActive
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.
Location
More about Medford
| Medford Profile | Snapshot |
|---|---|
| Primary Vibe | Diverse city with university presence, river access, and residential streets. Popular with buyers seeking relative value and convenience. |
| Housing Prices | More approachable than closer-in areas. Prices vary by condition and location. Multi-family homes offer rental potential. |
| Commute to Boston | Commuter rail and bus routes provide access. Driving is common. Parking is generally more available than downtown. |
| Schools | Served by Medford Public Schools. Confirm assignments with the district. |
| Market | Demand supported by location and university. Updated properties near transit or the river attract interest. |
| Housing Styles | Multi-family homes, condominiums, and single-family houses. Condition varies. |
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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.

