Sold!
$1,120,000
9
Beds
3
Baths
3,796
Living Area
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Property Description
Exceptional investment opportunity in the heart of Malden, just minutes from vibrant Malden Center and the MBTA Orange Line. This expansive 3-family property offers 17 rooms, 9 bedrooms, and 3 full bathrooms, making it ideal for an owner-occupant seeking rental income or an investor looking to capture strong market rents. Each unit provides generous living space, while the building delivers immediate income with additional upside through rental growth and value-add improvements. Whether you choose to occupy one unit and let the others offset your mortgage or fully lease the property at market rate, this is a versatile asset in a high-demand commuter location. Features include 2-car parking and common laundry in basement. Proximity to public transportation, shops, restaurants, and major routes enhances long-term desirability and consistent tenant demand. Don’t miss this rare opportunity!
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Highlights
- Heating: Forced Air, Natural Gas, Unit Control
- Parking Spots: 2
- Property Type: 3 Family
- Total Rooms: 17
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator, Range Hood
- Construction: Frame
- Flooring: Wood, Tile
- Interior Features: Ceiling Fan(s), High Speed Internet, Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: ResA
- Basement: Full, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished
- Exterior Features: Balcony/Deck, Rain Gutters
- Foundation: Stone
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Shared Driveway, Off Street, Tandem, Paved
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,000,600
- Taxes: $11,327
- Tax Year: 2025
- Total Rent: $7,370
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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 Pega Real Estate Company.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
