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.
This home has been viewed 37 times
Last Checked: October 28th, 2026 at 5:58am (Source: MLS PIN #73578881)
Gross Income: $82,800
Gross Expenses: $11,609
Net Income Calc: $71,191
Water Views
Annual Expenses for 50 Lambert St., Medford MA 02155
Total Gross Expenses (Calculated)$11,609/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11609
Annual Income & Unit Breakdown for 50 Lambert St., Medford MA 02155
Total Gross Income (Calculated)$82,800
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 50 Lambert St., Medford MA 02155
Listing ID73578881
Property TypeMulti Family / 3 Family
Price1575000 ($392.96/SqFt)
Style3 Family - 3 Units Up/down
CityMedford
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total4008
Approximate Lot Size (Acres)0.08
Total Parking4
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningGR
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 50 Lambert St., Medford MA 02155
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Tv's-Brackets To Remain
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 50 Lambert St., Medford MA 02155
Real Estate Taxes11609
Tax Year2026
Assessed Value$1,345,200
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 50 Lambert St., Medford MA 02155
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 50 Lambert St., Medford MA 02155