28 Clark St, Malden, MA 02148
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$1,629,000
3 Unit
12 Beds
3 Baths
4233 SQFT
0.08 Acre

Property Description

Fully renovated 3-family in the heart of Malden.Turn-key income property with two leases already in place and a third being executed — $11,400/month. Gut-renovated over the past two years, each unit features open-concept kitchen/living areas, white shaker cabinets, subway tile backsplash, stainless steel appliances, luxury vinyl plank flooring, recessed lighting, and energy-efficient mini-split systems for heating and cooling. All three units offer 4 bedrooms and 1 bath. Coin-op laundry in basement. Tandem off-street parking spaces. 0.5 miles to downtown Malden Center and Orange Line access.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 12
  • Total Full Baths: 3

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 138000
  • Gross Expenses: 25426
  • Net Operating Income: 112574

Utilities

  • 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: Yes
  • Floors: 3
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73505449
  • Last Updated: 04/26/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/26/2026Active$1,629,000$385MLSPIN
04/22/2026New$1,629,000$385MLSPIN

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Seller's Representative: Sarah Abouchleih, EVO Real Estate Group, LLC
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 2026-04-26 04:05:00

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