Proudly owned and meticulously maintained by the same family for over 32 years, this well-cared-for two-family home offers a rare opportunity in a convenient Malden location. Situated on an expansive ¼-acre lot, the property is ideal for owner-occupants seeking rental income or investors alike. Flexible living space provides potential for extended family, in-law, or au pair accommodations. Enjoy a large deck and generous outdoor space perfect for entertaining, gardening, or relaxing. A spacious driveway offers ample off-street parking, while the lower level provides abundant storage. The upper unit, spanning the second and third floors, features central air conditioning. Conveniently located near public transportation, shopping, dining, parks, and major commuting routes, this property offers a unique combination of space, versatility, and long-term value.
This home has been viewed 6 times
Last Checked: June 24th, 2026 at 6:13pm (Source: MLS PIN #73540348)
Gross Income: $0
Gross Expenses: $10,552
Net Income Calc: $10,552
Annual Expenses for 241 Lebanon St, Malden MA 02148
Total Gross Expenses (Calculated)$10,552/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10552
Annual Income & Unit Breakdown for 241 Lebanon St, Malden MA 02148
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 241 Lebanon St, Malden MA 02148
Listing ID73540348
Property TypeMulti Family / 2 Family
Price1100000 ($383.01/SqFt)
Style2 Family - 2 Units Up/down
CityMalden
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2872
Approximate Lot Size (Acres)0.25
Total Parking6
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningResA
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 241 Lebanon St, Malden MA 02148
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
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 241 Lebanon St, Malden MA 02148
Real Estate Taxes10552
Tax Year2026
Assessed Value$925,600
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 241 Lebanon St, Malden MA 02148
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 241 Lebanon St, Malden MA 02148