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722 Highland Ave, Malden MA 02148

$923,000

Estimated $2,302/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $461,500

Total Rent: 59400/year

Estimated CAP Rate:

4 Bedrooms

Baths

2013

Total Parking: 3

7,320 (0.17)

Incredible location approximately 1 mile from Oak Grove Station, I-93, the hiking trails at Middlesex Fells Reservation, and walking distance to Fells Pond!! This well maintained two family home is ideal for an investor as both units are currently cash flowing! If you are an owner occupant, Unit 1 (one bedroom unit) could be delivered vacant. The 3 bedroom (second floor) unit is currently rented through Aug 2027 at $3,000 per month. The 1 bedroom (first floor) unit is rented via tenant at will for $1,950 per month. First floor unit contains a one bedroom apartment with a walk-in closet, a large mud room/bonus closet space, eat-in kitchen, in unit laundry, and private outdoor deck. Second unit contains 3 bedrooms on two floors, two bathrooms, in unit laundry, large open-concept living room that can also accomodate dining space, and two private outdoor balconies. The units are serviced by a parking lot in the back that can comfortably fit 3 cars, or 4 with a tandem spot. Main roof done in 2023. Please allow 24-48 hours notice for all showings!

This home has been viewed 149 times

Last Checked: October 9th, 2026 at 4:29am (Source: MLS PIN #73533688)

Gross Income: $59,400

Gross Expenses: $9,662

Net Income Calc: $49,738

Annual Expenses for 722 Highland Ave, Malden MA 02148

Total Gross Expenses (Calculated)$9,662/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9662

Annual Income & Unit Breakdown for 722 Highland Ave, Malden MA 02148

Total Gross Income (Calculated)$59,400

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 722 Highland Ave, Malden MA 02148

Listing ID73533688

Property TypeMulti Family / 2 Family

Price923000 ($458.52/SqFt)

Style2 Family - 2 Units Up/down

CityMalden

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2013

Approximate Lot Size (Acres)0.17

Total Parking3

Garage Parking0

Year Built1880

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningResA

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 722 Highland Ave, Malden MA 02148

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.

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 722 Highland Ave, Malden MA 02148

Real Estate Taxes9662

Tax Year2026

Assessed Value$847,500

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 722 Highland Ave, Malden MA 02148

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 722 Highland Ave, Malden MA 02148

Agent

Name: Liz Errichetto

Office

Name: Serhant

Phone: 617-250-0559

Payment Calculator

, Interest

Property Taxes 805.17

Principal & Interest 5687.23

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Serhant

Liz Errichetto

Agent Phone

Office Phone

(617) 250-0559

Text Agent Call Agent Call Office

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EXIT

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