Owner occupants looking for additional passive income OR Investors; Do not miss this Very clean and well-maintained income property! 3 units, (1) 2Bd and (2) 1Bds. Parking for 5/6 cars for additional income. Coin op laundry room and storage in basement. Each unit is in move in condition. 2nd floor 2bedroom has large living room with double door sliders to a large private outdoor deck, 2 large bedrooms and large bathroom. Excellent rental potential and was owner/family unit. First floor has 2, 1Bedroom units that are ready for rental and monetization. Large living rooms with sliders to private deck. Oversized bedrooms and clean bathrooms with tub and shower. Electric baseboard heat in each unit and all utilities separately metered. Parking can be rented separately or as part of lease. Tons of potential to make this a strong addition to an income portfolio or for an owner occupant control. Do NOT miss this opportunity!

Property Details

Price:
$929,000
MLS #:
73412071
Status:
Active Under Contract
Beds:
4
Baths:
3
Address:
44 Park Street
Type:
Multi Family
Subtype:
3 Family
City:
Malden
Listed Date:
Jul 31, 2025
State:
MA
Finished Sq Ft:
1,917
Total Sq Ft:
1,917
ZIP:
02148
Lot Size:
3,820 sqft / 0.09 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms
Flooring
Vinyl, Carpet

Exterior

Construction Materials
Frame
Exterior Features
Balcony
Parking Features
Off Street
Parking Spots
6
Roof
Slate

Financial

Net Operating Income
$75,600
Tax Year
2025
Taxes
$8,260

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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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44 Park Street
Malden, MA