Property Description

Charming 2-Family located just a short walk from the Oak Grove T station, making it perfect for both investors as a cash cow and/or owner-occupants seeking rental income. 1st-Floor Unit boasts 2 beds, 1 bath, livingroom, currently rented at $2,300/mo. Spacious 2nd Unit encompasses both the 2nd & 3rd Floor featuring 5 beds, 2 baths (one on each floor), a large living room, & an eat-in kitchen w gas range, plus a delightful 3-season porch w city views, which can be delivered vacant for personal use or sign a new lease at market rates. Both units have separate utilities for added convenience. Additional highlights include a two-car garage w potential for an ADU in the future & a lovely yard ideal for hosting gatherings & BBQs. Full Basement w Laundry area & plenty of storage space. Enjoy convenient access to major routes, scenic walking and jogging trails at the Fells, & the vibrant downtown Malden filled w/ local restaurants. Open Houses - Thurs (8/21) 5-7pm and Sun (8/24) from 11am- 1pm

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Basement Features: Concrete Floor, Full
  • Common Rooms: Dining Room, Kitchen, Living Room, Sunroom
  • Common Appliances: Range
  • Common Heating: Electric Baseboard, Forced Air, Gas, Hot Air Gravity, Hot Water Baseboard, Oil, Oil, Radiant

Financial

  • APOD Available: No
  • Gross Operating Income: 27600
  • Net Operating Income: 27600

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1927
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73418311
  • Last Updated: 08/20/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/18/2025Active$1,050,000$488MLSPIN
08/14/2025New$1,050,000$488MLSPIN

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Seller's Representative: Joseph Ready, Century 21 Your Way
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-08-20 15:16:00

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