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Fri

Jan

Sat

Jan

Kate Ziegler

kate@arborviewcompanies.com +1(610) 780-8764

$949,900

Est. payment - /mo

4 Beds

4 Baths

2,523 SqFt

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Open House

Sat Jan 24, 11:00am - 1:00pm

Sat Jan 24, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,523 sqft

Price per Sqft $376

MLS Listing ID 73468369

Bedrooms 4

Full Baths 4

Year Built 1900

Annual Tax Amount $7,822

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type 3 Family

Property Description

Excellent opportunity to own a well-maintained multifamily in a prime Malden location. This 3-unit building has two TAW-leased 1B/1BA apartments, and a vacant top floor 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. 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. Open House Saturday 1/24 from 11AM to 1PM.

Location

State MA

County Middlesex

Zoning ResA

Direction Salem Street to Porter Street to Clark Street

Rooms

Basement Finished, Walk-Out Access

Interior

Interior Features Walk-In Closet(s), Bathroom With Tub & Shower, Pantry, Storage, Bathroom with Shower Stall, Living Room, Kitchen

Heating Electric, Natural Gas

Flooring Wood

Appliance Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Balcony/Deck, Balcony

Community Features Public Transportation, Shopping, Public School, T-Station

Roof Type Shingle

Garage No

Building

Lot Description Cleared

Story 4

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

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Listed by Commonwealth Properties Residential, LLC

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Kate Ziegler

+1(610) 780-8764

Broker Associate | License ID: 9577283

Broker Associate License ID: 9577283

40 Clark St Malden, MA 02148

Kate Ziegler

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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