** NEW FIRST-FLOOR ENHANCEMENTS + IMPROVED PRICE! 10/25/26** Newly renovated and vacant two family in Malden!! Excellent opportunity for both owner-occupants and investors. Qualifying owner-occupants can take advantage of Malden’s 35% residential tax exemption, offering significant potential property-tax savings! This turnkey property has been extensively updated and is ready for its next owner. The vacant first-floor unit features 1 bedroom and 1 full bath with a bright, clean, move-in-ready layout. Market rent is estimated at approximately $2,200/month, offering strong income potential from day one.The spacious upper unit spans the second and third floors and has the feel of a true owner’s unit. The second level features a beautifully updated kitchen with attractive cabinetry that flows naturally into a dedicated dining area. The dining space also includes the refrigerator and a modern stackable washer and dryer, both included with the property. A thoughtfully designed separation wall provides definition and privacy for the laundry area while maintaining an open, seamless flow into the kitchen.From the dining area, step out onto the second-level rear porch, a great spot for a couple of chairs and a small table to enjoy morning coffee, hot chocolate, or crisp New England fall weather. The second level also offers a comfortable living room and one bedroom.The third floor provides 3 additional generously sized bedrooms, including the primary bedroom. Fresh paint, ceiling fans throughout, renovated living spaces, and a nicely updated bathroom give the home a clean, modern, move-in-ready feel. Market rent for the upper 4-bedroom unit is estimated at approximately $4,000/month, creating compelling owner-occupant or investment potential.Outside, the property offers great curb appeal with aluminum siding, a freshly painted blue exterior, manicured landscaping, and a private backyard. Multiple TV mounting brackets are already installed in several bedrooms, adding another convenient turnkey feature. Additional highlights include a clean basement and newer water tank.With both units vacant, strong market rents, extensive renovations, and a flexible layout, this is a rare opportunity to move in, rent out, or build your portfolio from day one. Turnkey multifamily opportunities like this in Malden don’t come around often — schedule your showing and see the potential for yourself.
This home has been viewed 13 times
Last Checked: October 28th, 2026 at 4:43am (Source: MLS PIN #73586638)
Gross Income: $0
Gross Expenses: $8,108
Net Income Calc: $8,108
Water Views
Annual Expenses for 73 West St, Malden MA 02148
Total Gross Expenses (Calculated)$8,108/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8108
Annual Income & Unit Breakdown for 73 West St, Malden MA 02148
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 73 West St, Malden MA 02148
Listing ID73586638
Property TypeMulti Family
Price849000 ($385.91/SqFt)
StyleMulti Family
CityMalden
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2200
Approximate Lot Size (Acres)0.06
Total Parking4
Garage Parking0
Year Built1900
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 ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 73 West St, Malden MA 02148
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAppliances
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 73 West St, Malden MA 02148
Real Estate Taxes8108
Tax Year2026
Assessed Value$711,200
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 73 West St, Malden MA 02148
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 73 West St, Malden MA 02148