50 Lambert St
$1,600,000
12
Beds
3
Baths
4,008
Sqft
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$1,600,000
12
Beds
3
Baths
4,008
Living Area
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Property Description
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.
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Highlights
- Heating: Natural Gas, Oil
- Parking Spots: 4
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 18
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer/Dryer, Disposal
- Exterior Features: Balcony/Deck
- Foundation: Brick/Mortar
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Gr
- Basement: Full, Unfinished
- Flooring: Hardwood
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Sidewalks
- Parking Features: Off Street
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Utilities
- Electric: 110 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,345,200
- Tax Year: 2026
- Total Rent: $9,500
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $11,609
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Flow Realty, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.