563 Lynn St Malden, MA 02148
Linden NeighborhoodEstimated payment $6,099/month
Total Views
5,155
5
Beds
2
Baths
2,128
Sq Ft
$470
Price per Sq Ft
Highlights
- Medical Services
- Property is near public transit
- Jogging Path
- 0.23 Acre Lot
- Wood Flooring
- Living Room
About This Home
Rare opportunity in booming Malden! This spacious and well-cared-for 2-family is ideal for investors or owner-occupants looking to maximize rental income and long-term value. Unit 1 features 2 bedrooms, hardwood floors, in-unit laundry, and is rented TAW at $2,500/month. Unit 2 offers 3 bedrooms, dining room, in-unit laundry, and access to a semi-finished attic with a bonus room. A detached garage, full basement, and oversized lot provide endless expansion options. Previously approved (expired) for a single-family build, the property also presents strong ADU potential and become up to 5 dwelling total. A true multi-option gem just minutes from Boston. Buyer to perform due diligence.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,729
Year Built
- Built in 1900
Lot Details
- 10,044 Sq Ft Lot
- Fenced
Parking
- 1 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Brick Foundation
- Stone Foundation
Interior Spaces
- 2,128 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Unfinished Basement
Kitchen
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number M:171 B:529 L:903
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $63,600
Map
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Home Values in the Area
Average Home Value in this Area
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 | $67 | $594,400 | $214,200 | $380,200 |
| 2024 | $6,546 | $560,000 | $201,600 | $358,400 |
| 2023 | $6,336 | $519,800 | $182,700 | $337,100 |
| 2022 | $6,095 | $493,500 | $166,900 | $326,600 |
| 2021 | $5,950 | $484,100 | $157,500 | $326,600 |
| 2020 | $5,856 | $462,900 | $158,700 | $304,200 |
| 2019 | $5,519 | $415,900 | $151,200 | $264,700 |
| 2018 | $5,271 | $374,100 | $127,600 | $246,500 |
| 2017 | $4,947 | $349,100 | $119,700 | $229,400 |
| 2016 | $4,633 | $305,600 | $113,400 | $192,200 |
| 2015 | $4,379 | $278,400 | $100,500 | $177,900 |
| 2014 | $4,126 | $256,300 | $91,300 | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | For Sale | $999,888 | -- | $470 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,141 | -- | |
| Deed | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $270,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $240,000 | No Value Available | |
| Previous Owner | $129,000 | No Value Available | |
| Previous Owner | $135,000 | No Value Available | |
| Previous Owner | $140,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Malden, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73386277
APN: MALD-000171-000529-000903
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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