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548 Salem St, Malden MA 02148

$699,000

Estimated $1,820/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,500

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

2883

Total Parking: 0

9,953 (0.23)

"AS-IS" 2-family property in Malden in Maplewood neighborhood and minutes from downtown Malden Center. Property right across from Salemwood School and bus stop. Property needs work. This is "as-is" sale with a lot of upside. Two units, up and down, both with 3 bedrooms and 1 bath, living room, kitchen and balcony. Roof is said to be 10 years old, gas boilers for each unit, and separate hot water tanks. Two electrical panels, one for each apartment. No parking, only street parking without permit in Malden. Property will be delivered vacant. Washer and dryer hookups in each apartment. Property can be ideal for an investor or someone who wants to live in Malden and have rental income. First showings at the open house on Saturday 11am to 3pm.

This home has been viewed 24 times

Last Checked: June 23rd, 2026 at 9:38am (Source: MLS PIN #73528252)

Gross Income: $0

Gross Expenses: $8,241

Net Income Calc: $8,241

Water Views

Annual Expenses for 548 Salem St, Malden MA 02148

Total Gross Expenses (Calculated)$8,241/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8241

Annual Income & Unit Breakdown for 548 Salem St, Malden MA 02148

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 548 Salem St, Malden MA 02148

Listing ID73528252

Property TypeMulti Family

Price699000 ($242.46/SqFt)

StyleMulti Family

CityMalden

CountyMiddlesex

MLS AreaMaplewood

Neighborhood(s)

Approximate Living Area Total2883

Approximate Lot Size (Acres)0.23

Total Parking0

Garage Parking0

Year Built1880

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningResA

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 548 Salem St, Malden MA 02148

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Projector

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 548 Salem St, Malden MA 02148

Real Estate Taxes8241

Tax Year2025

Assessed Value$728,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 548 Salem St, Malden MA 02148

Neighborhood(s)

MLS AreaMaplewood

Area AmenitiesWalk/jog Trails

Contact Information for 548 Salem St, Malden MA 02148

Agent

Name: Peter Giannikopoulos

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-266-4430

Payment Calculator

, Interest

Property Taxes 686.75

Principal & Interest 4307.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Peter Giannikopoulos

Agent Phone

Office Phone

(617) 266-4430

Text Agent Call Agent Call Office

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EXIT

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