38 Clapp St., Malden, MA 02148
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$5,950,000
18 Unit
30 Beds
18 Baths
16512 SQFT
0.48 Acre

Property Description

18-unit brick garden-style apartment building with twelve (12) 2-BR, five (5) 1-BR, and one (1) studio apartment. Many recent improvements to the apartments and the building. Off-street parking, well-located on a side street in the Linden neighborhood of Malden. Fully occupied with existing cash flow and upside potential. FOR ADDITIONAL INFORMATION PLEASE SEE FIRM REMARKS

Property Details tap to expand

Building Information

  • Total Units: 18
  • Total Floors: 3
  • Total Bedrooms: 30
  • Total Full Baths: 18

Financial

  • APOD Available: No
  • Gross Operating Income: 51600
  • Net Operating Income: 51600

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: 1
  • Levels: 1

Construction

  • Year Built: 1970
  • Type: 5-9 Family
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73538827
  • Last Updated: 06/23/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/23/2026Active$5,950,000$360MLSPIN
06/19/2026New$5,950,000$360MLSPIN

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Seller's Representative: Carl Christie, Carl Christie
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 2026-06-23 03:05:00