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$ 1,162,000
Est. payment /mo
Open Sat 12PM-2PM
203-205 Salem St Malden, MA 02148
5 Beds
4 Baths
4,051 SqFt
Open House
Sat Jul 25, 12:00pm - 2:00pm
Sun Jul 26, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,051 sqft
Price per Sqft $286
MLS Listing ID 73553796
Bedrooms 5
Full Baths 4
Year Built 1910
Annual Tax Amount $9,894
Tax Year 2026
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type 3 Family
Property 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.
Location
State MA
County Middlesex
Zoning NB
Direction Please use GPS
Interior
Appliance Range, Refrigerator, Washer/Dryer
Exterior
Total Parking Spaces 3
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Century 21 North East
Nearby Locations