$1,049,000
OPEN SAT 1PM - 3PM

Estimated payment $6,368/month

Total Views 96
5 Beds
3 Baths
3,147 Sq Ft
$333 Price per Sq Ft

Highlights

  • Deck
  • Balcony
  • Bathtub with Shower
  • Wood Flooring
  • Porch
  • Living Room

About This Home

PRIME MULTI-FAMILY OPPORTUNITY IN MALDEN! This spacious 3-family home offers over 3,100 sq. ft. of living space across three levels, ideal for investors or owner-occupants. The first and second-floor units feature two bedrooms, dining and living rooms, hardwood floors, and balconies, while the third-floor one-bedroom unit includes a mix of carpet and hardwood and ceiling fan. A full unfinished basement provides ample storage or expansion potential, and also includes a washer and dryer. The exterior is low-maintenance vinyl siding with porch and deck spaces, plus two off-street parking spots. Perfectly situated near Malden Center, public transportation, shopping, and dining, this property combines convenience, versatility, and long-term value. DON’T MISS THIS RARE CHANCE TO OWN A THREE-FAMILY IN A HIGH-DEMAND NEIGHBORHOOD! See attached documents for improvements.

Listing Agent

Team Lillian Montalto

Lillian Montalto Signature Properties Listed on: 09/19/2025

Co-Listing Agent

Lillian Montalto

Lillian Montalto Signature Properties

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,941

Year Built

  • Built in 1925

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,147 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • 2 Car Parking Spaces
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Porch

Schools

  • Forestdale Elementary School
  • Salemwood Middle School
  • Malden High School

Additional Features

  • 3,572 Sq Ft Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:088 B:702 L:206,597048

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $12,941
  • Net Operating Income $68,059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,941

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1925
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: 4097
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Bathroom With Tub & Shower, Ceiling Fan(s), Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator, Dishwasher
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Unfinished
  • Above Grade Finished Sq Ft: 3147
  • Living Area: 3147
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: G62122
  • LIST PRICE PER Sq Ft: 333.33
  • PRICE PER Sq Ft: 333.33

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:088 B:702 L:206,597048
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3572
  • Lot Size Units: Acres
  • PAGE: 0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9941
  • Tax Book Number: 0

Multi Family

  • Gross Income: 81000
  • Net Operating Income: 68059
  • Number Of Units Total: 3
  • Operating Expense: 12941
  • Total Actual Rent: 6750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Malden High School
  • Elementary School: Forestdale School
  • Middle Or Junior School: Salemwood School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $99 $878,200 $286,700 $591,500
2024 $9,670 $827,200 $271,200 $556,000
2023 $9,110 $747,300 $248,000 $499,300
2022 $8,744 $708,000 $224,700 $483,300
2021 $8,464 $688,700 $205,400 $483,300
2020 $8,172 $646,000 $195,300 $450,700
2019 $7,739 $583,200 $186,000 $397,200
2018 $7,497 $532,100 $156,900 $375,200
2017 $7,164 $505,600 $156,900 $348,700
2016 $6,678 $440,500 $149,200 $291,300
2015 $6,449 $410,000 $140,700 $269,300
2014 $6,075 $377,300 $127,900 $249,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2025 09/19/25 For Sale $1,049,000 -- $333 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73433444

MLS Property Information Network (MLS PIN)

APN: MALD-000088-000702-000206