For Sale

16-18 Meridian Pkwy, Malden, MA

Malden · MA 02148

$995,000
Price
6
Beds
3
Baths
3100
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 2 Units
Lot size: 3,049 Sq.Ft Lot
Price per square foot: $321 / Sq.Ft
Parking: 1 Off Street Space

About this home

Exceptional investment opportunity in the heart of Malden! This beautifully updated two-family property generates over $100K in annual rental income, making it an outstanding income-producing investment. Conveniently located within walking distance to Malden Center T Station, shops, restaurants, and vibrant downtown amenities, with easy access to Boston and major routes. Both units feature stunning chef-inspired kitchens with elegant marble countertops, spacious islands, stainless steel appliances, recessed lighting, beautifully renovated bathrooms with modern finishes, gleaming hardwood floors throughout, central air conditioning, central heating, and in-unit laundry. Major improvements include an updated roof (~8 years), heating systems, vinyl siding (~5 years), and hot water tanks (~3 years), offering peace of mind and low-maintenance ownership. With extensive updates already completed, this turnkey property is ready for its next owner!

Neighborhood & Transit

16-18 Meridian Pkwy, Malden · MA 02148

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Malden Center Orange Commuter Rail 1 route 0.43 mi
    • Haverhill Line

Price Insight

Days on Market:
11 days
Listing Price:
$995,000
Price per Sq.Ft:
$321
Tax Assessment:
$1,009,300 in 2026
Taxes:
$959 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,100 Sq.Ft
Broker Disclosure about Living Area
Estimated from floor plans
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3100
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
3,049 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Anna Mean
Listing office
AC Realty
MLS PIN #
73594395
Disclosure
Seller never occupied the property. Buyer and buyer's agent are responsible for conducting their own due diligence and independently verifying all info. Seller nor the listing agent makes any representations/warranties, express or implied, regarding the accuracy/completeness of the info provided.
Disclosure
Estimated from floor plans