Rarely does an opportunity present itself to acquire a good-sized, sun-filled Victorian dwelling that perfectly blends classic architectural charm with extensive modern updates. Situated in a prime location within close reach of local services, schools, Fellsmere Pond, the Orange train line, and major routes, this character-filled two-family house has been beautifully updated and is in excellent, turnkey condition. Both units feature fully renovated kitchens, upgraded bathrooms, brand-new flooring, and fresh paint throughout, offering an immaculate living space ready for immediate occupancy or investment. The versatile space is thoughtfully designed across both levels to accommodate generous living arrangements. The first-floor unit features two comfortable bedrooms with a bright, welcoming layout. The upstairs unit spans two levels and offers four spacious bedrooms, two full bathrooms, and a large living room that provides ample room for relaxation and entertaining. Highlighted by soaring high ceilings and fine hardwood finishes, the interior creates an open, airy atmosphere that fills each room with natural light. In addition to its refined indoor spaces, the home provides delightful outdoor features and practical everyday benefits. Enjoy morning coffee or evening gatherings on the classic wrap-around porch, alongside the convenience of plenty of off-street parking. Whether you are looking for an exceptional owner-occupied option with rental income potential or a worry-free multi-family investment, this property delivers incredible comfort, convenience, and value. Open House: 11:00 AM – 1:00 PM, Saturday & Sunday, 10/24 and 10/25
This home has been viewed 2 times
Last Checked: October 22nd, 2026 at 10:38am (Source: MLS PIN #73593703)
Gross Income: $0
Gross Expenses: $12,013
Net Income Calc: $12,013
Water Views
Annual Expenses for 485 Pleasant St, Malden MA 02148
Total Gross Expenses (Calculated)$12,013/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax12013
Annual Income & Unit Breakdown for 485 Pleasant St, Malden MA 02148
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 485 Pleasant St, Malden MA 02148
Listing ID73593703
Property TypeMulti Family / 2 Family
Price1250000 ($454.22/SqFt)
Style2 Family - 2 Units Up/down
CityMalden
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2752
Approximate Lot Size (Acres)0.17
Total Parking6
Garage Parking0
Year Built1885
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningResA
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 485 Pleasant 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 485 Pleasant St, Malden MA 02148
Real Estate Taxes12013
Tax Year2026
Assessed Value$1,053,800
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 485 Pleasant St, Malden MA 02148
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 485 Pleasant St, Malden MA 02148