A rating for the building relative to other buildings of the same type throughout the country.Learn more
56Units
7Stories
1970Year Built
$390K - $495KValue Range
Available Units
For Sale
No Units Available
For Rent
Highlights
Shops
Trails
Laundry Facilities
5 min walk to McNally Park
A mid-century condominium in the heart of Medford
50 Water Street, known as Medford Towers, stands as a testament to mid-20th century urban living in the charming Lawrence Estates neighborhood of Medford, Massachusetts. Completed in 1970, this seven-story condominium building houses 56 units, offering residents a blend of convenience and community just 7 miles northwest of downtown Boston. The structure's simple, functional design reflects the architectural sensibilities of its era, while its location provides easy access to the amenities of Medford Square and the natural beauty of the surrounding area.
Modern living spaces with city and nature views
Medford Towers offers a variety of floor plans to suit different lifestyles, from cozy studios to spacious two-bedroom units. The studios, measuring approximately 400 square feet, provide efficient living spaces with one bathroom, ideal for singles or those seeking a pied-à-terre. One-bedroom units range from 634 to 792 square feet, offering more room to spread out while maintaining a manageable footprint. The two-bedroom units, spanning 792 to 927 square feet, represent the largest offerings in the building, with prices around $420,000.
Recent renovations have brought many units up to contemporary standards. Kitchens often feature modern cabinetry, granite countertops with breakfast bar overhangs, and high-end stainless steel appliances, including Bosch dishwashers. Living areas boast hardwood flooring, crown moldings, and decorative wall sconces, creating an elegant ambiance. Large windows in the living rooms frame views of mature trees, offering a connection to nature and promising a spectacular display of colors in the fall.
Master bedrooms are generously sized, with some featuring custom-built shelving in walk-in closets. Second bedrooms, where applicable, also benefit from built-in storage solutions. Bathrooms have been updated in many units, showcasing bright, modern designs with tile surrounds and stylish niche accents.
A standout feature of the top-floor units is the stunning view of the Boston skyline, providing a constant reminder of the city's proximity. Throughout the building, units are equipped with hardwood flooring and fixed air conditioning units, ensuring comfort year-round. With heat and hot water included in many rentals, residents can enjoy a worry-free living experience in these thoughtfully designed spaces.
Essential comforts for urban living
Medford Towers provides a selection of amenities designed to enhance the daily lives of its residents. The building features a camera-secured parking lot, offering peace of mind for vehicle owners. For those without personal transportation, the coin-operated laundry facilities within the building ensure convenience for this essential task.
Climate control is a priority, with both air conditioning and heating systems in place to maintain comfort throughout the changing New England seasons. The building's location also grants easy access to walking and biking trails, perfect for residents who enjoy outdoor activities.
Each unit comes equipped with a fully functional kitchen, including a range for cooking needs. Bathrooms feature tub/shower combinations, providing versatility for personal care routines. While the amenities may not be extensive, they cover the essentials for comfortable urban living, reflecting the building's focus on practical, no-frills accommodation in a prime location.
A blend of urban convenience and natural beauty
The Lawrence Estates neighborhood, home to 50 Water Street, offers a delightful mix of suburban tranquility and urban accessibility. This sought-after enclave is characterized by peaceful, leafy streets lined with charming vintage homes, creating an inviting atmosphere for residents and visitors alike.
Medford Square, the bustling heart of the city, is within easy reach, offering a variety of local businesses, restaurants, and services. For outdoor enthusiasts, the nearby Middlesex Fells Reservation provides an expansive natural playground with over 100 miles of trails, perfect for hiking, biking, and enjoying scenic views of the Boston skyline from Wright's Tower.
Culinary options abound in the area. Tenoch Mexican, a short 10-minute walk away, serves up authentic Mexican fare in folksy surroundings. For pizza lovers, Eddy's Place, also a 10-minute stroll, offers delicious pies in a casual setting. Those craving a burger can head to Smashburger, located about a 35-minute drive away, for their signature smashed patties and sides.
Shopping needs are well-catered to, with a Target approximately a mile away, offering a wide range of household goods and groceries. For a more extensive shopping experience, the Meadow Glen shopping center is about a 35-minute drive, housing stores like Kohl's and Marshalls. Grocery options include a Wegmans supermarket, known for its wide selection and quality products, located about a mile and a half from the building.
The neighborhood doesn't lack in green spaces either. McNally Park is a mere 5-minute walk away, perfect for quick outings or morning jogs. Hickey Park, about 10 minutes on foot, provides additional recreational opportunities. For dog owners, the Medford Dog Park, roughly a mile away, offers a dedicated space for furry friends to socialize and exercise.
Educational needs are met by the Medford Public School system, with Medford High School about a 5-minute drive away. The school has a B rating from Niche and a 4 out of 10 rating from GreatSchools, indicating a commitment to education while suggesting room for improvement.
This harmonious blend of urban amenities and natural beauty makes the Lawrence Estates neighborhood an attractive location for those seeking a balanced lifestyle close to Boston.
Connected to the city and beyond
Residents of 50 Water Street benefit from a variety of transportation options, making commutes and city exploration convenient. The area is served by several bus lines, with multiple stops within a 5-minute walk of the building. The City Hall Mall & Salem St - Medford City Hall bus stop, just a quarter-mile away, connects to routes running between Malden Center Station and Sullivan Square Station, as well as to North Burlington and downtown Boston.
For those preferring rail travel, the West Medford station on the Purple Line (Lowell Line) is about a 5-minute drive away. This line provides direct access to Boston's North Station, facilitating easy connections to the city center and beyond. Alternatively, Malden Center station, serviced by both the Purple Line (Haverhill Line) and the Orange Line of the T, is approximately a 5-minute drive, offering additional routes into Boston.
Cyclists will find the area somewhat bikeable, with some infrastructure in place for two-wheeled commuting. However, the most comfortable option for many residents might be walking, as the neighborhood's walkability score suggests many errands can be accomplished on foot.
For those with cars, the building's secured parking lot provides a convenient place to keep vehicles. Major roads are easily accessible, with Interstate 93 nearby, allowing for quick drives into downtown Boston, which typically takes about 10 minutes depending on traffic.
Air travelers will appreciate the proximity to General Edward Lawrence Logan International Airport, approximately 8 miles away or about a 15-minute drive, making both domestic and international travel highly convenient.
This array of transportation options ensures that residents of 50 Water Street can easily navigate both their immediate surroundings and the greater Boston area, whether for work, leisure, or exploration.
Was this overview helpful?
Available Condos
No units matching this criteria are available right now.
Collateral AnalyticsCollateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Black Knight®Black Knight
Black Knight’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
First AmericanFirst American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
3/ 10
Somewhat Bikeable
Bike Score®
48/ 100
Very Walkable
Walk Score®
82/ 100
Some Transit
Transit Score®
45/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
McNally Park
5 min walk
Hickey Park
8 min walk
Magoon Park
14 min walk
Logan Park
15 min walk
Royall Park
1 min drive
Barry Playground
2 min drive
Morrison Park
2 min drive
Riverbend Park
2 min drive
Veterans Memorial Park
2 min drive
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
