$1,000,000
6
Beds
2
Baths
2,531
Living Area
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Property Description
Welcome to 40–42 Swan Street, a renovated two-family home nestled on a quiet dead-end street in Malden’s desirable Maplewood neighborhood. This property features two spacious 3 bedroom units, each with comfortable living spaces, high ceilings, hardwood flooring, and updated kitchens and baths. The upper unit offers an additional walk up finished attic space, providing flexibility as a home office, guest space, playroom, studio, or potential additional sleeping area. The high ceiling basement provides storage and utility space with exterior access. The entire home was remodeled in 2021, with continued improvements including a new roof completed in 2026 and an electric water heater replaced in 2023. The first unit can be sold fully furnished as displayed, creating an attractive turnkey option for a furnished, mid term, or long term rental, or for a buyer looking for a move in ready home. Outside, enjoy a large backyard with plenty of room for entertaining, gardening, recreation, or simply relaxing. Six off street parking spaces, three for each unit, are a rare and valuable amenity in the area. Ideally situated near Maplewood Square, local restaurants, shopping, parks, schools, public transportation, and the Northern Strand Community Trail, the location offers the convenience of city living while maintaining a quieter residential setting. Nearby MBTA connections provide access toward Malden Center and the Orange Line, making commuting into Boston and surrounding communities convenient. Revere Beach is also just a short drive away. Whether you are looking to live in one unit while generating rental income from the other, expand your investment portfolio, accommodate extended family, or maximize rental potential, 40–42 Swan Street offers an exceptional combination of space, updates, parking, outdoor living, flexibility, and location.
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Highlights
- Area: Maplewood
- Heating: Oil
- Parking Spots: 6
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 15
- Status: Active
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1920
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
- Foundation: Concrete Perimeter
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: ResA
- Basement: Full, Unfinished
- Interior Features: Laundry Room, Walk-Up Attic, Living Room, Dining Room, Kitchen, Family Room
- Road Frontage Type: Dead End
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
- Waterfront Features: Ocean
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,112,500
- Taxes: $12,683
- Tax Year: 2026
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Listing information provided courtesy of eXp Realty LLC.
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