60 Madison St Malden, MA 02148
Bellrock NeighborhoodEstimated payment $6,079/month
Highlights
- 0.11 Acre Lot
- Property is near public transit and schools
- Upgraded Countertops
- Deck
- Wood Flooring
- 3-minute walk to MacArthur Playground
About This Home
Opportunity to own a well-located 3-family property near Malden Center, offering excellent access to public transportation (just 0.6 miles to the Malden T), as well as nearby shopping and dining. The first-floor unit features an eat-in kitchen with updated cabinets and laundry hookups, along with spacious rooms and vinyl and laminate flooring throughout. The second-floor unit offers an eat-in kitchen, generous living space, and an in-unit washer and dryer. The third-floor unit includes an updated kitchen and hardwood flooring throughout, plus private laundry in the basement. Additional highlights include a large rear patio, driveway parking for two cars, and a semi-finished basement with an additional bathroom. Recent improvements include updated heating systems for all units, a newer roof, enhanced front-of-the-house masonry and side steps. Ideal for investors or owner-occupants looking to live in one unit while generating rental income from the others. 1st FL vacant,
Open House Schedule
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Friday, May 8, 20265:00 to 6:30 pm5/8/2026 5:00:00 PM +00:005/8/2026 6:30:00 PM +00:00Add to Calendar
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Saturday, May 9, 202612:00 to 2:00 pm5/9/2026 12:00:00 PM +00:005/9/2026 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,033
Year Built
- Built in 1900
Lot Details
- 4,732 Sq Ft Lot
- Sloped Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,247 Sq Ft Home
- Property has 1 Level
- Living Room
- Wood Flooring
- Partially Finished Basement
Kitchen
- Range
- Microwave
- Upgraded Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
- Bathtub
Laundry
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Paved Parking
- 2 Open Parking Spaces
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit and schools
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- 110 Volts
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Legal Lot and Block 007 / 310
- Assessor Parcel Number 594650
Community Details
Amenities
- Shops
- Coin Laundry
Additional Features
- 3 Units
- Net Operating Income $44,400
Map
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 | $100 | $886,300 | $272,400 | $613,900 |
| 2024 | $9,720 | $831,500 | $257,300 | $574,200 |
| 2023 | $9,389 | $770,200 | $234,600 | $535,600 |
| 2022 | $9,028 | $731,000 | $211,900 | $519,100 |
| 2021 | $8,705 | $708,300 | $189,200 | $519,100 |
| 2020 | $8,449 | $667,900 | $182,800 | $485,100 |
| 2019 | $6,206 | $467,700 | $174,100 | $293,600 |
| 2018 | $6,722 | $477,100 | $143,800 | $333,300 |
| 2017 | $6,464 | $456,200 | $138,100 | $318,100 |
| 2016 | $5,209 | $343,600 | $126,800 | $216,800 |
| 2015 | $4,901 | $311,600 | $120,700 | $190,900 |
| 2014 | $4,624 | $287,200 | $109,700 | $177,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2026 05/05/26 | For Sale | $989,000 | +28.4% | $440 / Sq Ft | |
| 08/29/2018 08/29/18 | Sold | $770,000 | +0.1% | $343 / Sq Ft | View Prior Sale |
| 08/10/2018 08/10/18 | Pending | -- | -- | -- | |
| 07/17/2018 07/17/18 | For Sale | $769,000 | 0.0% | $342 / Sq Ft | |
| 06/07/2018 06/07/18 | Pending | -- | -- | -- | |
| 05/28/2018 05/28/18 | For Sale | $769,000 | +76.4% | $342 / Sq Ft | |
| 07/30/2014 07/30/14 | Sold | $436,000 | +11.8% | $198 / Sq Ft | View Prior Sale |
| 06/30/2014 06/30/14 | Pending | -- | -- | -- | |
| 05/16/2014 05/16/14 | For Sale | $389,900 | -- | $177 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $770,000 | -- | |
| Quit Claim Deed | $436,000 | -- | |
| Quit Claim Deed | $436,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $616,000 | Purchase Money Mortgage | |
| Closed | $616,000 | Purchase Money Mortgage | |
| Previous Owner | $428,102 | FHA |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73512508
APN: MALD-000064-000310-000007
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Ask me questions while you tour the home.