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Fantastic investment opportunity in a convenient Medford location! This three-family features three spacious 4-bedroom units, with Units 1 & 2 leased through August 2027 and Unit 3 vacant-ideal for an investor or owner-occupant looking for strong rental income potential. Each unit offers an updated kitchen, large bedrooms with closets, in-unit laundry, and front and rear balconies. Newer roof (approx. 6 years) and installed new (2025) boilers in Units 1 & 2. Located next to Target and directly on the 101 bus route, with Malden Center and the Orange Line just about a mile away.

More Info

Basic Information

  • Gross Income $82,800
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 635636
  • Rent Includes Unit 1(Water), Unit 2(Water)
  • Road Frontage DescriptionPaved

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • FoundationBrick/Mortar
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms18
  • Stories3
  • Units3
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Public Transportation
    • Shopping
    • Sidewalks
  • Appliances IncludedRange, Dishwasher, Refrigerator, Freezer, Washer/Dryer, Disposal
  • Other AmenitiesBasement

Tax Information

  • Tax Assessed Value $1,345,200
  • Tax Year 2026
  • Taxes$11,609

Basic Information

  • List Price$1,600,000
  • MLS Number73578881
  • Modification Date09/17/2026
  • Property SubType3 Family - 3 Units Up/Down
  • Virtual TourView Tour

Property

  • Acreage0.08

Interior

  • Flooring Hardwood
  • Interior Features Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room

Property Information

  • Building Area Source Public Records
  • Living Area 4,008
  • Lot Size Square Feet 3,360
  • Lot Size Units Acres
  • Square Feet4,008

Parking

  • Parking Features Off Street
  • Parking Spaces4

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms12
  • Full Bath3

Location

  • Address50 Lambert Street
  • Building Number50
  • CountyMiddlesex
  • StateMA
  • StreetLambert Street
  • TownMedford
  • Zip02155

Exterior

  • Exterior Features Balcony/Deck

Utilities

  • Electric 110 Volts
  • Heat SystemYes
  • Heating Natural Gas, Oil
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed09/17/2026
  • Farm Land Area Units Square Feet

Map Location

Listed by Alex Genovese of Flow Realty,Inc.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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