Open House LogoIn-Person: 09/23 5:30 PM - 6:30 PM
$1,137,000
 $6,104 est/mo Sourced by Back At You

203-205 Salem St,Malden, MA 02148

Malden, MA 02148

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Description

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.

Details

MLS #73553796
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1910
Days On Site60
Listing Provided ByCentury 21 North East | Fermin Group

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet4,051
Story(s)3
Units3
ZoningNB
Acreage0.12

Interior

Rooms Total20
AppliancesRange, Refrigerator, Washer/Dryer
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

Foundation DetailsConcrete Perimeter
Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount9894
Tax Assessed Value867900
Tax Year2026

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityMalden
Zip Code02148
AreaMiddlesex
Listing VS Median (in 02148)
Price:
$1,137,000
low | high
Med:
$334,950
100% of Average
sqft:
4,051
low | high
Med:
582
100% of Average
$ / sqft:
$281
low | high
Med:
$577
55.686808766042% of Average
On site:
60
low | high
Med:
40.5
100% of Average
Sourced by Back At You

Market Activity 02148

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Contact

Learn More About This Property

H-K Realty

H-K Realty

 (603) 684-2609hk@h-krealty.com
Open House
In-Person
09/23 5:30 PM - 6:30 PM
StateMA
CountyMiddlesex
CityMalden
Zip Code02148
AreaMiddlesex
Listing VS Median (in 02148)
Price:
$1,137,000
low | high
Med:
$334,950
100% of Average
sqft:
4,051
low | high
Med:
582
100% of Average
$ / sqft:
$281
low | high
Med:
$577
55.686808766042% of Average
On site:
60
low | high
Med:
40.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $852K - $1.421M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
29-31 Sprague St Property Photo 1
$1,500,000
29-31 Sprague St
Malden, MA 02148
Listing Updated: September 20, 2026 at 6:21:59 AM PDT
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