BUYER FINANCING FELL THROUGH! Welcome to 40–42 Swan Street, a renovated two-family home nestled on a quiet dead-end street in Malden’s desirable Maplewood neighborhood. This property features two spacious 3 bedroom units, each with comfortable living spaces, high ceilings, hardwood flooring, and updated kitchens and baths. The upper unit offers an additional walk up finished attic space, providing flexibility as a home office, guest space, playroom, studio, or potential additional sleeping area. The high ceiling basement provides storage and utility space with exterior access. The entire home was remodeled in 2021, with continued improvements including a new roof completed in 2026 and an electric water heater replaced in 2023. The first unit can be sold fully furnished as displayed, creating an attractive turnkey option for a furnished, mid term, or long term rental, or for a buyer looking for a move in ready home. Outside, enjoy a large backyard with plenty of room for entertaining, gardening, recreation, or simply relaxing. Six off street parking spaces, three for each unit, are a rare and valuable amenity in the area. Ideally situated near Maplewood Square, local restaurants, shopping, parks, schools, public transportation, and the Northern Strand Community Trail, the location offers the convenience of city living while maintaining a quieter residential setting. Nearby MBTA connections provide access toward Malden Center and the Orange Line, making commuting into Boston and surrounding communities convenient. Revere Beach is also just a short drive away. Whether you are looking to live in one unit while generating rental income from the other, expand your investment portfolio, accommodate extended family, or maximize rental potential, 40–42 Swan Street offers an exceptional combination of space, updates, parking, outdoor living, flexibility, and location.
This home has been viewed 5 times
Last Checked: September 25th, 2026 at 4:29am (Source: MLS PIN #73568570)
Gross Income: $0
Gross Expenses: $12,683
Net Income Calc: $12,683
Water Views
Annual Expenses for 40-42 Swan St, Malden MA 02148
Total Gross Expenses (Calculated)$12,683/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax12683
Annual Income & Unit Breakdown for 40-42 Swan St, Malden MA 02148
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 40-42 Swan St, Malden MA 02148
Listing ID73568570
Property TypeMulti Family / 2 Family
Price1000000 ($395.1/SqFt)
Style2 Family - 2 Units Up/down
CityMalden
CountyMiddlesex
MLS AreaMaplewood
Neighborhood(s)
Approximate Living Area Total2531
Approximate Lot Size (Acres)0.19
Total Parking6
Garage Parking0
Year Built1920
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 ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 40-42 Swan St, Malden MA 02148
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator In Basement And Table In The 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 40-42 Swan St, Malden MA 02148
Real Estate Taxes12683
Tax Year2026
Assessed Value$1,112,500
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 40-42 Swan St, Malden MA 02148
Elementary SchoolLinden-Steam Academy
Middle SchoolLinden-Steam Academy
High SchoolMalden High School
Neighborhood(s)
MLS AreaMaplewood
Area AmenitiesWalk/jog Trails
Contact Information for 40-42 Swan St, Malden MA 02148