22 Stearns St Malden, MA 02148
Suffolk Square NeighborhoodEstimated payment $5,045/month
Highlights
- Medical Services
- Wood Flooring
- Tennis Courts
- Property is near public transit and schools
- Upgraded Countertops
- 5-minute walk to Newman Park
About This Home
Beautifully renovated two-family property offering an ideal opportunity for owner-occupants or investors. Renovated in 2020, this turnkey home features a spacious 4-bedroom unit and a 1-bedroom unit, both with modern kitchens, updated baths, stylish finishes, and abundant natural light. The larger unit includes a generous walk-in closet, while four energy-efficient mini-split systems provide year-round comfort. Shared laundry with washer and dryer is located in the basement. Conveniently located near restaurants, parks, shopping, public transportation, and commuter routes. Investor pro forma projects approximately $74,400 in annual gross rental income. Architectural plans are available for a proposed approximately 20' × 30' ADU, offering the potential to further increase rental income and returns (subject to buyer due diligence and city approval). Property is being sold as-is. Submit an offer and move right in, both units vacant!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,332
Year Built
- Built in 1900
Lot Details
- 6,299 Sq Ft Lot
- Garden
Home Design
- Duplex
- Stone Foundation
- Frame Construction
Interior Spaces
- 1,789 Sq Ft Home
- Property has 1 Level
- Living Room
- Wood Flooring
- Unfinished Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Upgraded Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- 6 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Bulkhead
- Porch
Location
- Property is near public transit and schools
Utilities
- Ductless Heating Or Cooling System
- 4 Cooling Zones
- 6 Heating Zones
- Heating Available
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number M:0086 B:0412 L:0203,596912
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Insurance Expense $2,462
- Water Sewer Expense $1,000
- Operating Expense $5,462
- Net Operating Income $68,938
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $76 | $669,600 | $313,400 | $356,200 |
| 2024 | $7,373 | $630,700 | $296,000 | $334,700 |
| 2023 | $7,114 | $583,600 | $269,900 | $313,700 |
| 2022 | $6,760 | $547,400 | $243,700 | $303,700 |
| 2021 | $6,407 | $521,300 | $217,600 | $303,700 |
| 2020 | $6,229 | $492,400 | $210,200 | $282,200 |
| 2019 | $6,102 | $459,800 | $200,200 | $259,600 |
| 2018 | $5,785 | $410,600 | $165,400 | $245,200 |
| 2017 | $5,562 | $392,500 | $158,900 | $233,600 |
| 2016 | $5,094 | $336,000 | $145,800 | $190,200 |
| 2015 | $4,947 | $314,500 | $138,800 | $175,700 |
| 2014 | $4,651 | $288,900 | $126,200 | $162,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/27/2026 07/27/26 | Price Changed | $819,900 | -3.5% | $458 / Sq Ft | |
| 07/06/2026 07/06/26 | For Sale | $849,900 | +49.1% | $475 / Sq Ft | |
| 04/30/2020 04/30/20 | Sold | $570,000 | -1.7% | $319 / Sq Ft | View Prior Sale |
| 03/22/2020 03/22/20 | Pending | -- | -- | -- | |
| 03/19/2020 03/19/20 | For Sale | $580,000 | 0.0% | $324 / Sq Ft | |
| 03/04/2020 03/04/20 | Pending | -- | -- | -- | |
| 02/29/2020 02/29/20 | For Sale | $580,000 | -- | $324 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $570,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Deed | $400,000 | -- | |
| Deed | $400,350 | -- | |
| Deed | $305,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Stand Alone Refi Refinance Of Original Loan | |
| Open | $492,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $456,000 | New Conventional | |
| Previous Owner | $200,000 | Balloon |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73545008
APN: MALD-000086-000412-000203
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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