51-53 Holyoke Street, Malden, MA 02148
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$1,199,900
3 Unit
9 Beds
3 Baths
3796 SQFT
0.07 Acre

Property Description

Exceptional investment opportunity in the heart of Malden, just minutes from vibrant Malden Center and the MBTA Orange Line. This expansive 3-family property offers 17 rooms, 9 bedrooms, and 3 full bathrooms, making it ideal for an owner-occupant seeking rental income or an investor looking to capture strong market rents. Each unit provides generous living space, while the building delivers immediate income with additional upside through rental growth and value-add improvements. Whether you choose to occupy one unit and let the others offset your mortgage or fully lease the property at market rate, this is a versatile asset in a high-demand commuter location. Features include 2-car parking and common laundry in basement. Proximity to public transportation, shops, restaurants, and major routes enhances long-term desirability and consistent tenant demand. Don’t miss this rare opportunity!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Bulkhead, Concrete Floor, Full, Interior Access, Sump Pump, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Tile Floor
  • Common Appliances: Range, Refrigerator, Vent Hood, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: Yes
  • Gross Operating Income: 88440
  • Gross Expenses: 17525
  • Net Operating Income: 88440

Utilities

  • Electric Info: 200 Amps
  • Utility Connections: Washer Hookup, 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: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73488683
  • Last Updated: 03/19/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/18/2026New$1,199,900$316MLSPIN

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Seller's Representative: Peter Scanlan, Coldwell Banker Realty - Belmont
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 2026-03-19 03:30:00