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.
| Units | 3 |
| Living area | 4,008 sqft |
| Lot size | 3,360 sqft |
| Year built | 1900 |
| Price / sqft | $399 |
| County | Middlesex |
| MLS # | 73578881 |
| Days on market | 0 days |
| Listed on | September 17, 2026 |
| 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 |
| 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 |
| Heating | Natural Gas, Oil |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Refrigerator, Freezer, Washer/Dryer, Disposal |
More about investing in Medford →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 4,008 sqft of living area, built in 1900.
50 Lambert St., Medford MA 02155 has been listed for 0 days (since September 17, 2026).
At a list price of $1,600,000 across 3 units, that works out to roughly $533,333 per unit.
Annual property taxes are $11,609 (2026), on an assessed value of $1,345,200.
At $1,600,000 for 4,008 sqft, that's about $399 per square foot.
4 total parking spaces (off street).
50 Lambert St., Medford MA 02155 is in Medford, Middlesex County, MA 02155.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.