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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 3 |
| Living area | 4,008 sqft |
| Lot size | 3,360 sqft |
| Year built | 1900 |
| Price / sqft | $393 |
| County | Middlesex |
| MLS # | 73578881 |
Listing status
| Days on market | 40 days |
| Listed on | September 17, 2026 |
Taxes & financials
| Annual property tax | $11,609 |
| Tax year | 2026 |
| Assessed value | $1,345,200 |
| Zoning | GR |
| Gross income (actual) | $82,800/yr |
| Net operating income (actual) | $82,800/yr |
| Total actual rent | $9,500/mo |
Building & lot
| Stories | 3 |
| Total rooms | 18 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Off Street |
| Basement | Full, Unfinished |
| Foundation | Brick/Mortar |
| Flooring | Hardwood |
Utilities & systems
| Heating | Natural Gas, Oil |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Refrigerator, Freezer, Washer/Dryer, Disposal |
Location
More about investing in Medford →
Listing courtesy of Flow Realty, Inc. — Alex Genovese. Listing data © MLS PIN.
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Questions & answers
Answered from the listing data and public map data.
How many units does 50 Lambert St., Medford MA 02155 have?
It is a 3-unit multi-family property with 4,008 sqft of living area, built in 1900.
How long has 50 Lambert St., Medford MA 02155 been on the market?
50 Lambert St., Medford MA 02155 has been listed for 40 days (since September 17, 2026).
What is the price per unit?
At a list price of $1,575,000 across 3 units, that works out to roughly $525,000 per unit.
What are the property taxes on 50 Lambert St., Medford MA 02155?
Annual property taxes are $11,609 (2026), on an assessed value of $1,345,200.
What is the price per square foot?
At $1,575,000 for 4,008 sqft, that's about $393 per square foot.
Is there parking?
4 total parking spaces (off street).
Where is this property located?
50 Lambert St., Medford MA 02155 is in Medford, Middlesex County, MA 02155.
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