Sold
40 Clark St, Malden, MA
Malden · MA 02148
- $870,000
- Price
- 4
- Beds
- 4
- Baths
- 2523
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
3 Units
Lot size:
2,152 Sq.Ft Lot
Price per square foot:
$357 / Sq.Ft
Parking:
No Parking
About this home
Excellent opportunity to own a well-maintained multifamily in a prime Malden location. Unit 1 is a garden level TAW-leased 1B/1BA with low ceilings. Unit 2 is an updated 1B/1BA second floor unit with private deck (tenant vacating 3/31). Unit 3 is a townhouse style vacant 2B/2BA unit ideal for an owner-occupant or to lease at market rent, offering immediate income with strong upside potential. Features include updated countertops and cabinets, wood flooring, laundry hook-ups in two units, balcony, deck and yard. A new roof was installed in 2018. All units separately metered and tenants pay their own utilities. Nestled in a quiet neighborhood with on-street parking (no driveway). Conveniently located near bus routes, restaurants and shops, and about 1 mile to Malden Center and Oak Grove T stops - key drivers of demand in Malden?s strong rental market. This is a solid opportunity for investors seeking a stabilized asset or owner-occupants looking to offset expenses with rental income.
Neighborhood & Transit
40 Clark 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:
- 293 days
- Listing Price:
- $900,000
- Price per Sq.Ft:
- $357
- Tax Assessment:
- $691,000 in 2025
- Taxes:
- $652 / Monthly
Home Facts
Interior Features
- Bedrooms
- 4
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 2,523 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2523
- 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
- 2,152 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
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
- Prescott White
- Listing office
- Commonwealth Properties Residential, LLC
- MLS PIN #
- 73468369
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