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563-565 Salem St

Malden, MA 02148
$1,075,000
7 Beds
3 Baths
2,312 Living Area
  • Property Description
    Location! Location! This well-maintained 3-family home offers a fantastic investment opportunity in a highly desirable location. Situated close to shopping and transportation, and a 1.5 mile from Malden Center and the MBTA station. The property features: UNIT1- 3 rooms, 1 bedroom, 1 bathroom; UNIT2 - 4 rooms, 2 bedrooms, 1 bathroom; UNIT3 - 7 rooms, 4 bedrooms, 1 bathroom. Each unit boasts hardwood floors and benefits from an efficient tankless water heater and gas heating system. The property also includes a newer roof, vinyl siding, ample parking spaces, and a 2-car garage. This combination of features makes it an excellent investment opportunity. It's also a great opportunity for a first-time home buyer who wants to live in a location close to everything, within minutes of Boston. Rents are below market value; all tenants are TAW.
  • Highlights
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1870
    • Parking Spots: 9
    • Property Type: 3 Family - 3 Units Up/Down
    • Total Rooms: 14
    • Status: Closed
  • Additional Details
    • Basement: Partial, Walk-Out Access
    • Flooring: Hardwood
    • Roof: Shingle
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Construction: Frame
    • Foundation: Stone
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: ResA
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
    • Parking Features: Paved Drive, Off Street
    • Covered Parking Spaces: 2
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $729,900
    • Taxes: $8,530
    • Tax Year: 2024
    • Total Rent: $4,900

Location

563-565 Salem St, Malden, MA 02148

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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 Fiv Realty Co.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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