Exceptional 2-family opportunity situated on a desirable corner lot, with 1 vacant unit. Don't miss this chance to own a beautifully maintained home in a prime commuter location just minutes from Boston. Whether you're an investor seeking immediate income or an owner-occupant looking to offset your mortgage, this property offers the best of both worlds. This 12-room, 6 bedroom and 2 bath home has 3-living levels with bright and inviting living areas and generously sized kitchens. Unit 1 offers hardwood floors throughout, 5 rooms, 2 bedrooms, and newer full bath. Laundry for the 1st floor unit is in the basement. Unit 2 offers 2 levels of living space with 7 rooms, 4 bedrooms, hardwood floors (under the carpet), full bath and in-unit laundry. Separate heating systems, electrical panels, and hot water tanks, newer roof (2021) and a large basement providing abundant storage. A beautifully landscaped fenced yard, welcoming enclosed front and rear porches, and 2 separate driveways (1 for the owner and one for the tenant). Conveniently located with easy access to shopping, restaurants, Express Bus to downtown Boston, Route 1, and Logan Airport.
This home has been viewed 4 times
Last Checked: July 29th, 2026 at 7:38pm (Source: MLS PIN #73556231)
Gross Income: $6,600
Gross Expenses: $9,161
Net Income Calc: $2,561
Annual Expenses for 354 Lynn St, Malden MA 02148
Total Gross Expenses (Calculated)$9,161/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9161
Annual Income & Unit Breakdown for 354 Lynn St, Malden MA 02148
Total Gross Income (Calculated)$6,600
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 354 Lynn St, Malden MA 02148
Listing ID73556231
Property TypeMulti Family / 2 Family
Price929900 ($384.57/SqFt)
Style2 Family - 2 Units Up/down
CityMalden
CountyMiddlesex
MLS AreaLinden
Neighborhood(s)
Approximate Living Area Total2418
Approximate Lot Size (Acres)0.07
Total Parking4
Garage Parking0
Year Built1936
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
ZoningResA
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 354 Lynn St, Malden MA 02148
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Refrigerator.
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 354 Lynn St, Malden MA 02148
Real Estate Taxes9161
Tax Year2026
Assessed Value$803,600
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 354 Lynn St, Malden MA 02148
Elementary SchoolLinden
Middle SchoolLinden
High SchoolMalden High
Neighborhood(s)
MLS AreaLinden
Area AmenitiesWalk/jog Trails
Contact Information for 354 Lynn St, Malden MA 02148