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Legend Realty Services LLC
50 Lambert St., Medford, MA 02155
- $1,575,000
- 12
- BD
- 3
- BA
- 4,008
- SqFt
- List Price
- $1,575,000
- Price Change
- ▼ $25,000 1792791214
- Status
- PRICE CHANGED
- MLS#
- 73578881
- Bedrooms
- 12
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 4,008
- Lot Size (Acres)
- 0.08
- Year Built
- 1900
Property 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.
Additional Information
- Taxes
- $11,609
- Interior Features
- Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room
- Parking Description
- Off Street
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Alex Genovese from Listing Office: Flow Realty, Inc..
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.