Sold
203-205 Salem St, Malden, MA
Malden · MA 02148
- $985,000
- Price
- 5
- Beds
- 4
- Baths
- 4051
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
3 Units
Lot size:
5,049 Sq.Ft Lot
Price per square foot:
$281 / Sq.Ft
Parking:
3 Off Street Spaces
About this home
Exceptional opportunity in the heart of Malden! This well-maintained three-family property offers a versatile unit mix with strong owner-occupant and rental appeal. The two first-floor units each feature comfortable 1-bedroom layouts. The second-floor unit at 205 Salem Street offers a spacious 3-4 bedroom configuration, while the second-floor unit at 203 Salem Street includes 1 bedroom plus a home office, with exciting potential to expand into a 4-bedroom plus office by updating the third floor making this a real value-add opportunity for the keen investor, family or owner occupant. Ideally situated just minutes from Malden Center with multiple bus routes, and major commuter highways, this property provides easy access to downtown Boston and the surrounding communities. Residents will appreciate the vibrant community atmosphere and convenience of nearby shopping, dining, parks, and everyday amenities. Whether you’re looking to start your real estate portfolio or add to it, this property is a smart buy for any investment minded individual, family or company.
Neighborhood & Transit
203-205 Salem St, Malden · MA 02148
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 104 days
- Listing Price:
- $1,137,000
- Price per Sq.Ft:
- $281
- Tax Assessment:
- $867,900 in 2026
- Taxes:
- $825 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 4,051 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4051
- 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
- 5,049 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 3 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Fermin Group
- Listing office
- Century 21 North East
- MLS PIN #
- 73553796
- Disclosure
- Partial disclosure