Multi Family · MBTA

50 Lambert St.

Medford, MA 2155 · MLS 73578881

$1,575,000

4,008 sqft

  • 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

DirectionsMore in Medford

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.