62 Wolcott Street, Malden, MA 02148
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$799,000
2 Unit
8 Beds
3 Baths
2872 SQFT
0.15 Acre

Property Description

Welcome to 62 Wolcott Street, Malden – a spacious and versatile two-family home with incredible upside potential. Nestled on a 6,556 sq ft lot in a desirable neighborhood, this large multi-family residence offers nearly 2,900 sq ft of living space across three floors, with 13 rooms, 8 bedrooms, and 3 full bathrooms in total. The property features a 3-bedroom first-floor unit and a 5-bedroom second/third-floor unit, making it an excellent opportunity for multi-generational living, owner occupancy with rental income, or a full investment rehab project. Unit 1 is currently rented below market at $1,150/month, offering immediate income, while Unit 2 is vacant and ready for your vision. Conveniently located minutes from Malden High School, major bus routes, and a short drive to Malden Center T station, this home offers both accessibility and strong long-term value. Property to be sold as-is—a perfect fit for investors or buyers ready to build equity through renovations. Don’t miss your chan

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Basement Features: Full, Unfinished Basement, Walk Out
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Gross Operating Income: 13800
  • Net Operating Income: 13800

Utilities

  • Electric Info: 110 Volts, On-Site
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

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

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73420323
  • Last Updated: 08/21/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/20/2025New$799,000$278MLSPIN

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Seller's Representative: Steve Visco, East Coast Realty, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
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 2025-08-21 03:30:00

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