***OPEN HOUSE SATURDAY (7/25) & SUNDAY (7/26) @ 1:30PM - 3PM*** Exceptional opportunity to own a well-maintained two-family home in Malden, ideal for both owner-occupants and investors. Offering 2,236 square feet of living space, this property features a total of 5 bedrooms, 2.5 baths, and three off-street parking spaces. Unit 1 will be delivered vacant and offers 2 bedrooms and 1 full bath, perfect for an owner looking to offset their mortgage with rental income. Unit 2 features 3 bedrooms, 1.5 baths and in unit laundry spread over 2 floors and is currently leased for $3,471 per month, providing immediate cash flow. Conveniently located near public transportation, shopping, restaurants, schools, and major commuting routes, this property offers the perfect blend of investment potential and everyday convenience. Whether you’re expanding your portfolio or looking for a place to call home while generating rental income, this is an opportunity you won’t want to miss.
This home has been viewed 7 times
Last Checked: July 30th, 2026 at 4:28am (Source: MLS PIN #73547735)
Gross Income: $41,652
Gross Expenses: $8,922
Net Income Calc: $32,730
Annual Expenses for 32 Myrtle St, Malden MA 02148
Total Gross Expenses (Calculated)$8,922/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8922
Annual Income & Unit Breakdown for 32 Myrtle St, Malden MA 02148
Total Gross Income (Calculated)$41,652
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit2
Rent Includes
General Information for 32 Myrtle St, Malden MA 02148
Listing ID73547735
Property TypeMulti Family
Price879999 ($393.56/SqFt)
StyleMulti Family
CityMalden
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2236
Approximate Lot Size (Acres)0.08
Total Parking3
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoning0
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 32 Myrtle St, Malden MA 02148
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
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 32 Myrtle St, Malden MA 02148
Real Estate Taxes8922
Tax Year2024
Assessed Value$788,200
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 32 Myrtle St, Malden MA 02148
Neighborhood(s)
Area Amenities
Contact Information for 32 Myrtle St, Malden MA 02148