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108 Madison St, Malden MA 02148

$999,000

Estimated $2,387/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $499,500

Total Rent: 39000/year

Estimated CAP Rate:

7 Bedrooms

Baths

2824

Total Parking: 2

2,670 (0.06)

Discover the possibilities in a prime Malden location! This side-by-side two-family home offers flexible living arrangements, spacious layouts, and the potential to make the property your own. Both units feature three levels of living space and hardwood floors. Unit 1 is vacant and ready for its next owner or tenant. The first floor features a living room and dining room combination, full bathroom, and kitchen. Upstairs, the second floor offers three bedrooms and another full bathroom, while the top floor provides a fourth bedroom with added flexibility for guests, a home office, or additional living space. Unit 2 offers an opportunity to generate rental income from day one, with established tenants paying $3,250 per month through June 2027. The first floor features a combined living and dining room, a half bathroom, and a kitchen. The second floor offers two bedrooms, a den or home office, and a full bathroom, while the top floor features a third bedroom. Both units also offer basement laundry, and the property includes two off-street parking spaces. Conveniently located near the Northern Strand Community Trail and Green Street Park, with easy access to the Orange Line, downtown Malden’s shops and restaurants, Assembly Row, Encore Boston Harbor, and major routes into Boston. Whether you’re looking to expand your investment portfolio, owner-occupy while generating rental income, or explore the possibilities of a two-family property, 108 Madison Street is an opportunity worth exploring.

This home has been viewed 4 times

Last Checked: October 22nd, 2026 at 6:13pm (Source: MLS PIN #73593446)

Gross Income: $39,000

Gross Expenses: $9,203

Net Income Calc: $29,797

Annual Expenses for 108 Madison St, Malden MA 02148

Total Gross Expenses (Calculated)$9,203/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9203

Annual Income & Unit Breakdown for 108 Madison St, Malden MA 02148

Total Gross Income (Calculated)$39,000

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit3

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit3

Rent IncludesHeat

General Information for 108 Madison St, Malden MA 02148

Listing ID73593446

Property TypeMulti Family / 2 Family

Price999000 ($353.75/SqFt)

Style2 Family - 2 Units Side By Side

CityMalden

CountyMiddlesex

MLS AreaBell Rock

Neighborhood(s)

Approximate Living Area Total2824

Approximate Lot Size (Acres)0.06

Total Parking2

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningUnknown

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 108 Madison St, Malden MA 02148

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSurveillance Devices

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 108 Madison St, Malden MA 02148

Real Estate Taxes9203

Tax Year2026

Assessed Value$0

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 108 Madison St, Malden MA 02148

Elementary SchoolFerryway

High SchoolMalden High

Neighborhood(s)

MLS AreaBell Rock

Area AmenitiesWalk/jog Trails

Contact Information for 108 Madison St, Malden MA 02148

Agent

Name: Wilson Group

Office

Name: Keller Williams Realty

Phone: 617-969-9000

Team Members

Payment Calculator

, Interest

Property Taxes 766.92

Principal & Interest 6155.52

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty

Wilson Group

Agent Phone

Office Phone

(617) 969-9000

Text Agent Call Agent Call Office

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EXIT

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