Sold!
$1,551,000
12
Beds
3
Baths
4,077
Living Area
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Property Description
Turnkey and cash-flowing from day one, this impressive 3-family is already bringing in $10,620 per month in income while offering the long-term upside smart investors chase. Set in Malden’s desirable Fellsway neighborhood, the property features three spacious 4-bed/1-bath units with updated kitchens, modernized electrical, plumbing, and heating systems, plus private front and rear decks that add everyday livability and tenant appeal. Designed for simple management with common laundry and separately metered utilities, this location also puts residents minutes from Malden Center, the Orange Line, Route 28, and I-93. Surrounded by shops, restaurants, parks, and schools, this is a rare opportunity to secure a high-performing asset in one of Greater Boston’s fastest-growing pockets. Whether you’re expanding a portfolio or planning to live in one unit while letting the others pay the mortgage, this property checks every box.
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Highlights
- Area: Fells
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Levels: 3
- Property Type: 3 Family
- Total Rooms: 21
- Status: Closed
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Additional Details
- Foundation: Stone
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: ResA
- Lot Features: Level
- Total Number of Units: 3
- Year Built Source: Public Records
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,200,800
- Taxes: $13,593
- Tax Year: 2025
- Total Rent: $10,620
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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 StartPoint Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
