Penny Wood - HK Realty Logo
Open House LogoIn-Person: 10/31 11:00 AM - 12:00 PM
$1,575,000
 $8,455 est/mo Sourced by Back At You

50 Lambert St.,Medford, MA 02155

Medford, MA 02155

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Description

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.

Details

MLS #73578881
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site38
Listing Provided ByFlow Realty, Inc. | Alex Genovese

Features

Bed(s)12
Bath(s) 3 Total
SQ Feet4,008
BasementY
Story(s)3
Units3
ZoningGR
Acreage0.08

Interior

Rooms Total18
Cooling Yes / NoNo
CoolingNone
Heating Yes / NoYes
HeatingNatural Gas, Oil
Interior FeaturesCeiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room
AppliancesRange, Dishwasher, Refrigerator, Freezer, Washer/Dryer, Disposal
Fireplaces Total0
Fireplace Yes / NoNo
FlooringHardwood

Exterior

Exterior FeaturesBalcony/Deck
Foundation DetailsBrick/Mortar
Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo
Parking FeaturesOff Street

Utilities

SewerPublic Sewer
Electric110 Volts

Taxes

Tax Annual Amount11609
Tax Assessed Value1345200
Tax Lot136
Tax Year2026
Tax Map NumberJ-13

Location

Community FeaturesPublic Transportation, Shopping, Laundromat, Highway Access, House of Worship, Sidewalks
Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityMedford
Zip Code02155
AreaMiddlesex
Listing VS Median (in 02155)
Price:
$1,575,000
low | high
Med:
$549,950
100% of Average
sqft:
4,008
low | high
Med:
1,157
100% of Average
$ / sqft:
$393
low | high
Med:
$476
28.823637244412% of Average
On site:
38
low | high
Med:
170.5
22.287390029326% of Average
Sourced by Back At You

Market Activity 02155

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Additional Information

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Contact

Learn More About This Property

Penny Wood

Penny Wood

HK Realty

051694 (603) 944-2857penny.wood@h-krealty.com
Open House
In-Person
10/31 11:00 AM - 12:00 PM
StateMA
CountyMiddlesex
CityMedford
Zip Code02155
AreaMiddlesex
Listing VS Median (in 02155)
Price:
$1,575,000
low | high
Med:
$549,950
100% of Average
sqft:
4,008
low | high
Med:
1,157
100% of Average
$ / sqft:
$393
low | high
Med:
$476
28.823637244412% of Average
On site:
38
low | high
Med:
170.5
22.287390029326% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.181M - $1.968M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
124 Grant Ave Property Photo 1
$1,375,000
124 Grant Ave
Medford, MA 02155
13-15 Carney St Property Photo 1
$1,275,000
13-15 Carney St
Medford, MA 02155
Listing Updated: October 23, 2026 at 1:15:36 PM PDT

Penny Wood - HK Realty