722 Highland Ave, Malden, MA 02148
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$923,000
2 Unit
4 Beds
3 Baths
2013 SQFT
0.17 Acre

Property Description

Incredible location approximately 1 mile from Oak Grove Station, I-93, the hiking trails at Middlesex Fells Reservation, and walking distance to Fells Pond!! This well maintained two family home is ideal for an investor or for an owner occupant looking to occupy a one bedroom apartment. The 3 bedroom (second floor) unit is currently rented through Aug 2027 at $3,000 per month. The 1 bedroom (first floor) unit is rented via tenant at will for $1,950 per month and could be deliverd vacant. First floor unit contains a one bedroom apartment with a walk-in closet, a large mud room/bonus closet space, eat-in kitchen, in unit laundry, and private outdoor deck. Second unit contains 3 bedrooms on two floors, two bathrooms, in unit laundry, large open-concept living room that can also accomodate dining space, and two private outdoor balconies. The units are serviced by a parking lot in the back that can comfortably fit 3 cars, or 4 with a tandem spot. Main roof done in 2023. Please allow 24-48 hours notice for all showings!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Highway Access, Public School, Public Transportation, T-Station
  • Basement Features: Dirt Floor
  • Common Rooms: Kitchen, Living Room, Mudroom
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Slider
  • Common Appliances: Dryer, Freezer, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 23400
  • Net Operating Income: 23400

Utilities

  • 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

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1880
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Fieldstone
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73533688
  • Last Updated: 08/15/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/15/2026Active$923,000$459MLSPIN
08/11/2026Price Change$923,000$459MLSPIN
07/23/2026Active$899,900$447MLSPIN
07/19/2026Price Change$899,900$447MLSPIN
06/25/2026Active$989,900$492MLSPIN
06/21/2026Price Change$989,900$492MLSPIN
06/14/2026Active$1,055,000$524MLSPIN
06/10/2026New$1,055,000$524MLSPIN
02/21/2026Expired$995,000$494MLSPIN
11/26/2025Active$995,000$494MLSPIN
11/22/2025New$995,000$494MLSPIN

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Seller's Representative: LIz Errichetto, Serhant
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 2026-08-15 03:05:00

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