UNITS 1&2 NOW DELIVERED VACANT! THREE FAMILY on CORNER lot in convenient location! Unit 1 is 3 level unit consisting of an open concept living, dining room, kitchen, & 1/2 bath on the first floor. The second floor has three bedrooms & a full bathroom with an additional room & 1/2 bath on the third floor! Storage area and laundry connection in the basement. Unit #3 is spread out over the second & third floor & offers a living room, kitchen, bedroom, 1/2 bath & full bath & bedroom on the second floor. Unit #2 offers a kitchen, bedroom & full bathroom. The units were renovated in 2012 & new siding was done in 2022. There are separate utilities, generous basement storage, & 2 car off street parking. This property will be sold AS IS. All tenants are tenants at will. Convenient to Boston, Wellington and Malden MBTA, the bus stop, Northern Strand Bike Trail, major highways, restaurants, breweries, shops, & easy access to downtown Malden, Everett, & Assembly Row!
This home has been viewed 8 times
Last Checked: June 18th, 2026 at 8:18am (Source: MLS PIN #73530550)
Gross Income: $15,600
Gross Expenses: $11,143
Net Income Calc: $4,457
Water Views
Annual Expenses for 161-165 Madison Street, Malden MA 02148
Total Gross Expenses (Calculated)$11,143/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11143.36
Annual Income & Unit Breakdown for 161-165 Madison Street, Malden MA 02148
Total Gross Income (Calculated)$15,600
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full, 2 Half
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor3
Levels in Unit2
Rent IncludesHeat
General Information for 161-165 Madison Street, Malden MA 02148
Listing ID73530550
Property TypeMulti Family / 3 Family
Price1049000 ($322.97/SqFt)
Style3 Family - 3 Units Side By Side
CityMalden
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3248
Approximate Lot Size (Acres)0.06
Total Parking2
Garage Parking0
Year Built1920
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 161-165 Madison Street, Malden MA 02148
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
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 161-165 Madison Street, Malden MA 02148
Real Estate Taxes11143.36
Tax Year2026
Assessed Value$968,800
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 161-165 Madison Street, Malden MA 02148
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 161-165 Madison Street, Malden MA 02148