722 Highland Ave, Malden, MA 02148
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$995,000
2 Unit
4 Beds
3 Baths
2013 SQFT
0.17 Acre

Property Description

Beautiful 2-family home located in Malden’s desirable West End, offering an excellent opportunity for both owner-occupants and investors. Unit 1 is currently rented, and well-maintained, long-term tenant in place with a strong history of on-time payments. while Unit 2 offer large layouts with great ceiling height, flexible floor plans, and tremendous potential for customization. Updates are needed, but the property features solid structure, paved driveway, vinyl siding, hardwood floors, private decks, and spacious bedrooms. Additional highlights include gas heating, separated utilities, front and rear egress, and ample natural light throughout all units. The property sits on a quiet residential street close to Oak Grove Station, bus routes, parks, shopping, and Malden Center. A rare chance to add value and build long-term equity in a high-demand rental market. Property sold as-is.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Conservation Area, Park, Private School, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Ceiling Fans
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators

Financial

  • APOD Available: No
  • Gross Operating Income: 19500
  • Net Operating Income: 19500

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: mwra

Unit 1 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

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

Construction

  • Year Built: 1880
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73457210
  • Last Updated: 11/26/25
  • Terms: Lease Option, Seller 2nd

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/26/2025Active$995,000$494MLSPIN
11/22/2025New$995,000$494MLSPIN

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Seller's Representative: Tianshi Liang, Hooli Homes Boston
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 2025-11-26 03:05:00