29 Lincoln St in Malden’s sought-after West End is a spacious wood-frame multi-family home with approx. 2,570 sq. ft. of living space. Featuring 5 bedrooms and 2 bathrooms, the layout can be easily reconfigured for greater efficiency. Inside are classic hardwood and tile floors, and updates including a waterproofed basement, newer furnace, and hot water tanks. This solid building is just 6 minutes from Malden Center’s Orange Line station, providing quick access to downtown Boston. Surrounded by restaurants and activities, it offers both lifestyle convenience and long-term value. Sold as-is, the property is ideal for investors or owner-occupants seeking opportunity in a prime location, with excellent potential for rental income, customization, or multi-generational living. The market rate rent will be around $3k/unit, net cap return easily over 6%.

Property Details

Price:
$897,000
MLS #:
73422581
Status:
Active Under Contract
Beds:
5
Baths:
2
Address:
29 Lincoln St
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Malden
Listed Date:
Aug 27, 2025
State:
MA
Finished Sq Ft:
2,570
Total Sq Ft:
2,570
ZIP:
02148
Lot Size:
3,060 sqft / 0.07 acres (approx)
Year Built:
1900
Units:
2

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms
Flooring
Wood

Exterior

Parking Features
Shared Driveway, Off Street
Parking Spots
3
Roof
Shingle

Financial

Net Operating Income
$70,800
Tax Year
2025
Taxes
$8,633

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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29 Lincoln St
Malden, MA