548 Salem St, Malden, MA 02148
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$699,000
2 Unit
6 Beds
2 Baths
2883 SQFT
0.23 Acre

Property Description

"AS-IS" 2-family property in Malden in Maplewood neighborhood and minutes from downtown Malden Center. Property right across from Salemwood School and bus stop. Property needs work. This is "as-is" sale with a lot of upside. Two units, up and down, both with 3 bedrooms and 1 bath, living room, kitchen and balcony. Roof is said to be 10 years old, gas boilers for each unit, and separate hot water tanks. Two electrical panels, one for each apartment. No parking, only street parking without permit in Malden. Property will be delivered vacant. Washer and dryer hookups in each apartment. Property can be ideal for an investor or someone who wants to live in Malden and have rental income. First showings at the open house on Saturday 11am to 3pm.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Bike Path, Park, Public School, Public Transportation, T-Station
  • Basement Features: Dirt Floor, Unfinished Basement
  • Common Rooms: Family Room, Kitchen, Living RM/Dining RM Combo
  • Common Appliances: Dishwasher, Range, Refrigerator, Washer & Dryer Hookup, Washer Hookup
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators

Financial

  • APOD Available: No

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: Washer Hookup, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

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

Other Information

  • MLS ID# 73528252
  • Last Updated: 06/02/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/02/2026New$699,000$242MLSPIN

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Seller's Representative: Peter Giannikopoulos, Coldwell Banker Realty - 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 2026-06-02 11:55:00

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