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403-405 Ferry St, Malden, MA

Malden · MA 02148

$1,215,000
Price
9
Beds
3
Baths
4726
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 6,490 Sq.Ft Lot
Price per square foot: $271 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Exceptional 3-family investment opportunity in a desirable Malden neighborhood, offering 4,726 sq. ft. of total living area plus an unfinished fourth-floor grandfathered in-law space with an 800-to-1,000 sq. ft. open-plan layout. Each of the three primary units features 1,445 sq. ft. comprising three bedrooms, a large eat-in kitchen, family and dining rooms, a full bathroom, and storage. The 1st-floor unit features an open layout with sliding glass doors opening to a deck and backyard, while the 2nd and 3rd floors have been updated with new flooring, modern kitchens, and refreshed bathrooms. Well-maintained mechanical systems include brand-new oil heating systems and tanks, separately metered utilities, and a full walk-out basement with separate laundry hookups. Complete with 5 to 6 off-street parking spaces, the property is ideally located just one block from Ferry Way Elementary School, 0.9 miles from the Orange Line subway and Town Center, right along an MBTA bus route, with quick access to I-93 and I-95.

Neighborhood & Transit

403-405 Ferry 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:
56 days
Listing Price:
$1,279,000
Price per Sq.Ft:
$271
Tax Assessment:
$946,200 in 2026
Taxes:
$899 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
3
Half Bathrooms
0
Living Area
4,726 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4726
Flooring
Unknown
Lead paint
Certified Treated

Utilities

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

Exterior Features

Lot Size
6,490 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard, 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
Sino-US Realty Team
Listing office
Keller Williams Realty
MLS PIN #
73573631
Disclosure
Currently, the first and third units are on Tenancy at Will leases, leaving the second floor vacant for an owner-occupant or new tenant, generating an annual rental income of approximately $91,200.