Sold!
$870,000
4
Beds
4
Baths
2,523
Living Area
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Property Description
Excellent opportunity to own a well-maintained multifamily in a prime Malden location. Unit 1 is a garden level TAW-leased 1B/1BA with low ceilings. Unit 2 is an updated 1B/1BA second floor unit with private deck (tenant vacating 3/31). Unit 3 is a townhouse style vacant 2B/2BA unit ideal for an owner-occupant or to lease at market rent, offering immediate income with strong upside potential. Features include updated countertops and cabinets, wood flooring, laundry hook-ups in two units, balcony, deck and yard. A new roof was installed in 2018. All units separately metered and tenants pay their own utilities. Nestled in a quiet neighborhood with on-street parking (no driveway). Conveniently located near bus routes, restaurants and shops, and about 1 mile to Malden Center and Oak Grove T stops - key drivers of demand in Malden’s strong rental market. This is a solid opportunity for investors seeking a stabilized asset or owner-occupants looking to offset expenses with rental income.
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Highlights
- Heating: Electric, Natural Gas
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
- Levels: 4
- Property Type: 3 Family
- Total Rooms: 12
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer
- Construction: Frame
- Flooring: Wood
- Interior Features: Walk-In Closet(s), Bathroom With Tub & Shower, Pantry, Storage, Bathroom with Shower Stall, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Other
- Year Built Details: Actual
- Zoning: ResA
- Basement: Finished, Walk-Out Access
- Exterior Features: Balcony/Deck, Balcony
- Foundation: Stone
- Lot Features: Cleared
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Public School, T-Station
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $691,000
- Tax Year: 2025
- Total Rent: $1,550
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $7,822
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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 Amara Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
