Back on the market and now delivered fully vacant! Excellent opportunity to own a well-located 3-family property near Malden Center, offering flexibility for both investors and owner-occupants. All three units have been cleaned and refreshed, making the property turnkey and ready for immediate occupancy or rental.Conveniently located just 0.6 miles from the Malden Center T Station, with easy access to public transportation, shopping, dining, and area amenities. The first-floor unit features an eat-in kitchen with updated cabinets, laundry hookups, spacious rooms, and vinyl and laminate flooring throughout. The second-floor unit has been freshly painted and features new kitchen flooring, newly refinished hardwood floors, an eat-in kitchen, generous living space, and an in-unit washer and dryer. The third-floor unit offers an updated kitchen, hardwood flooring throughout, and private laundry in the basement. Additional highlights include a large rear patio, driveway parking for two cars, and a semi-finished basement with an additional bathroom. Recent improvements include updated heating systems for all three units, a newer roof, enhanced front masonry, and improved side steps. With all three units vacant and ready to go, the next owner has the flexibility to set rents, select tenants, or occupy a unit while generating rental income from the others. A great opportunity to own a turnkey 3-family in a convenient Malden location.
This home has been viewed 5 times
Last Checked: September 17th, 2026 at 6:28am (Source: MLS PIN #73572732)
Gross Income: $0
Gross Expenses: $10,033
Net Income Calc: $10,033
Water Views
Annual Expenses for 60 Madison Street, Malden MA 02148
Total Gross Expenses (Calculated)$10,033/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10033
Annual Income & Unit Breakdown for 60 Madison Street, Malden MA 02148
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 60 Madison Street, Malden MA 02148
Listing ID73572732
Property TypeMulti Family / 3 Family
Price975000 ($433.91/SqFt)
Style3 Family
CityMalden
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2247
Approximate Lot Size (Acres)0.07
Total Parking3
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningResA
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 60 Madison Street, Malden MA 02148
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
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 60 Madison Street, Malden MA 02148
Real Estate Taxes10033
Tax Year2025
Assessed Value$886,300
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 60 Madison Street, Malden MA 02148
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 60 Madison Street, Malden MA 02148