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About the Listing AN4232 - CT001881
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.
Listing Highlights
Status
Active
Days on Site
32
Property Type
Multi-Family
MLS ®
73468369
Year Built
1900
Total Square Footage
2,523
Lot/Acreage
0.05
County
Middlesex
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer
- Air Cond:
- Heating: Electric,Natural Gas
- Fireplaces: 0
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Walk-In Closet(s),Bathroom With Tub & Shower,Pantry,Storage,Bathroom with Shower Stall,Living Room,Kitchen
- Water: Public
Exterior Details
- Lot Description: Cleared
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: ResA
- Roof: Shingle
- Others: Balcony/Deck,Balcony
- Sewer: Public Sewer
Financial Details
- Tax Amount: $7,822
- Taxes w/Assessments: $691,000
- Tax/Property ID: M:093 B:703 L:331,597616
- Tax Year: 2025
Payment Calculator
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Questions About..
40 Clark St Malden, MA 02148
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