106-A&B Washington St, Malden, MA 02148
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$1,189,000
3 Unit
6 Beds
4 Baths
2906 SQFT
0.16 Acre

Property Description

Situated on a quiet cul-de-sac, this well-positioned three-family property presents an excellent opportunity for both owner-occupants and investors. All three units are currently leased, providing immediate strong rental income. Front unit is one bedroom with one living room. Back unit has 3 bedrooms with fireplaced open kitchen and living room. The first floor unit has two good sized bedrooms, one office/ bedroom,1.5 bathroom, open kitchen with living room and central AC. Each unit offers its own private front entrance, with two units also benefiting from shared rear hallway access. Washer and dryer in each unit. The building features separate meters for electricity, gas heating and hot water, allowing for efficient management. Off-street parking accommodates approximately 5+ vehicles side by side. Conveniently located within a short 10 minute walk to both Oak Grove and Malden Center MBTA station, and with easy access to 93, Fellsway West, nearby amenities, and strong upside potential

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Fireplaces: 2
  • Basement Features: Partial
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room, Sunroom
  • Common Interior Features: Bathroom With Tub
  • Common Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 94560
  • Gross Expenses: 6800
  • Water/Sewer: 3600
  • INSC: 3200
  • Net Operating Income: 78342

Utilities

  • Heat Zones: 3
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1890
  • Type: 3 Family
  • 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# 73494206
  • Last Updated: 04/01/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/31/2026New$1,189,000$409MLSPIN

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Seller's Representative: Yuan Guo, Phoenix Real Estate
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 2026-04-01 03:30:00

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