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16-18 Meridian Parkway, Malden MA 02148

$995,000

Estimated $2,572/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $497,500

Total Rent: 101100/year

Estimated CAP Rate:

6 Bedrooms

Baths

3100

Total Parking: 1

3,049 (0.07)

Exceptional investment opportunity in the heart of Malden! This beautifully updated two-family property generates over $100K in annual rental income, making it an outstanding income-producing investment. Conveniently located within walking distance to Malden Center T Station, shops, restaurants, and vibrant downtown amenities, with easy access to Boston and major routes. Both units feature stunning chef-inspired kitchens with elegant marble countertops, spacious islands, stainless steel appliances, recessed lighting, beautifully renovated bathrooms with modern finishes, gleaming hardwood floors throughout, central air conditioning, central heating, and in-unit laundry. Major improvements include an updated roof (~8 years), heating systems, vinyl siding (~5 years), and hot water tanks (~3 years), offering peace of mind and low-maintenance ownership. With extensive updates already completed, this turnkey property is ready for its next owner!

This home has been viewed 4 times

Last Checked: October 23rd, 2026 at 6:08pm (Source: MLS PIN #73594395)

Gross Income: $101,100

Gross Expenses: $11,506

Net Income Calc: $89,594

Water Views

Annual Expenses for 16-18 Meridian Parkway, Malden MA 02148

Total Gross Expenses (Calculated)$11,506/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11506

Annual Income & Unit Breakdown for 16-18 Meridian Parkway, Malden MA 02148

Total Gross Income (Calculated)$101,100

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 16-18 Meridian Parkway, Malden MA 02148

Listing ID73594395

Property TypeMulti Family

Price995000 ($320.97/SqFt)

StyleMulti Family

CityMalden

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3100

Approximate Lot Size (Acres)0.07

Total Parking1

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningResA

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 16-18 Meridian Parkway, Malden MA 02148

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsSurveillance Devices

Financial Data SourceEstimated

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 16-18 Meridian Parkway, Malden MA 02148

Real Estate Taxes11506

Tax Year2026

Assessed Value$1,009,300

Financial Data SourceEstimated

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 16-18 Meridian Parkway, Malden MA 02148

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 16-18 Meridian Parkway, Malden MA 02148

Agent

Name: Anna Mean

Office

Name: AC Realty

Phone: 781-591-2256

Payment Calculator

, Interest

Property Taxes 958.83

Principal & Interest 6130.87

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

AC Realty

Anna Mean

Agent Phone

Office Phone

(781) 591-2256

Text Agent Call Agent Call Office

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    [description] => Exceptional investment opportunity in the heart of Malden! This beautifully updated two-family property generates over $100K in annual rental income, making it an outstanding income-producing investment. Conveniently located within walking distance to Malden Center T Station, shops, restaurants, and vibrant downtown amenities, with easy access to Boston and major routes. Both units feature stunning chef-inspired kitchens with elegant marble countertops, spacious islands, stainless steel appliances, recessed lighting, beautifully renovated bathrooms with modern finishes, gleaming hardwood floors throughout, central air conditioning, central heating, and in-unit laundry. Major improvements include an updated roof (~8 years), heating systems, vinyl siding (~5 years), and hot water tanks (~3 years), offering peace of mind and low-maintenance ownership. With extensive updates already completed, this turnkey property is ready for its next owner!
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EXIT

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