557 Salem Street, Malden, MA 02148
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$525,000
2 Beds
2 Baths
970 SQFT
Acres: N/A
$275 HOA

Property Description

OPEN HOUSE CANCELLED - OFFER ACCEPTED **** This bright and sunny, top floor, 2 bedroom loft style penthouse features an open concept design with central air conditioning and plenty of natural light flowing through the large windows. Beautiful and modern kitchen with maple cabinets, newer high end stainless steel kitchen appliances are included, 2 tiered granite countertops, hardwood and ceramic flooring throughout. Just off the living room is the 2nd bath where you'll find your newer washer and dryer (also included). The primary bedroom has a large walk-in closet. No need to leave your car on the street, there is one deeded spot to park your car and 2 off street visitor parking spots for the guests of the complex. If you are in need of extra storage, you have a designated enclosed spot in the basement. All this in an ideal location, close to local shops, restaurants, schools and everything Malden and the surrounding communities have to offer.

Property Details tap to expand

Amenities

  • Amenities: Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Association Fee Includes: Exterior Maintenance, Landscaping, Master Insurance, Sewer, Snow Removal, Water

Kitchen, Dining, and Appliances

  • Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer

Bathrooms

  • Full Baths: 1
  • Half Baths 1

Bedrooms

  • Bedrooms: 2

Other Rooms

  • Total Rooms: 4

Utilities

  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Cooling: Central Air
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit Features

  • Square Feet: 970
  • Unit Building: 5
  • Unit Level: 3
  • Floors: 1
  • Pets Allowed: No
  • Laundry Features: In Unit
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Type: Condo
  • Complex Complete: U
  • Number of Units: 6
  • Number of Units Owner Occupied: 4
  • Elevator: No
  • Condo Association: U
  • HOA Fee: $275
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 1952
  • Style: Mid-Rise, Other (See Remarks), Split Entry
  • Construction Type: Aluminum, Frame
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Parking Features: 1-10 Spaces, Off-Street, Paved Driveway
  • Parking Spaces: 1

Exterior & Grounds

  • Exterior Features: Patio
  • Pool: No

Other Information

  • MLS ID# 73359710
  • Last Updated: 04/18/25
  • Documents on File: 21E Certificate, Legal Description, Management Association Bylaws, Master Deed, Rules & Regs, Septic Design, Site Plan, Soil Survey, Subdivision Approval
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/15/2025New$525,000$541MLSPIN
06/20/2021Sold$450,000$464MLSPIN
05/10/2021Under Agreement$410,000$423MLSPIN
05/05/2021Active$400,000$412MLSPIN
05/05/2021Active$410,000$423MLSPIN

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Seller's Representative: Michael Lord, Capital Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.0
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-18 11:12:00