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1239 Salem St, Malden MA 02148

$1,049,000

Estimated $2,499/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $524,500

Total Rent: 31800/year

Estimated CAP Rate:

3 Bedrooms

Baths

2505

Total Parking: 4

16,021 (0.37)

Rarely does a property in Malden combine this much living space, land and flexibility. Offering ~2,505 sq. ft. of finished living space across three levels, off-street parking and an expansive ~0.37-acre lot, the property presents a compelling opportunity for investors, owner-occupants and multigenerational families. The main-level unit features 2 bedrooms, an open kitchen/living area, full bath and sun room off the kitchen, with direct access to the rear deck and expansive backyard. The ~829 sq. ft. finished lower level, accessible both internally from the main-level unit and through its own exterior walkout, features a living/family room, bedroom, office/den, full bath and wet bar. The second-floor unit, with its own dedicated exterior entrance, offers 2 bedrooms, full bath and an open kitchen/living area. Beyond the existing two-family use, the substantial rear yard may offer compelling potential for an accessory dwelling unit (ADU) under current state and local regulations. Convenient to MBTA bus service and area amenities. Buyers and/or buyer's agents to perform all due diligence, including verification of ADU eligibility, requirements and approvals.

This home has been viewed 2 times

Last Checked: October 30th, 2026 at 8:38am (Source: MLS PIN #73596579)

Gross Income: $31,800

Gross Expenses: $9,579

Net Income Calc: $22,221

Water Views

Annual Expenses for 1239 Salem St, Malden MA 02148

Total Gross Expenses (Calculated)$9,579/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9579

Annual Income & Unit Breakdown for 1239 Salem St, Malden MA 02148

Total Gross Income (Calculated)$31,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 1239 Salem St, Malden MA 02148

Listing ID73596579

Property TypeMulti Family / 2 Family

Price1049000 ($418.76/SqFt)

Style2 Family - 2 Units Up/down

CityMalden

CountyMiddlesex

MLS AreaLinden

Neighborhood(s)

Approximate Living Area Total2505

Approximate Lot Size (Acres)0.37

Total Parking4

Garage Parking0

Year Built1935

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningResA

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 1239 Salem St, Malden MA 02148

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOther

ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.

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 1239 Salem St, Malden MA 02148

Real Estate Taxes9579

Tax Year2026

Assessed Value$840,300

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 1239 Salem St, Malden MA 02148

Elementary SchoolLinden

High SchoolMalden High

Neighborhood(s)

MLS AreaLinden

Area Amenities

Contact Information for 1239 Salem St, Malden MA 02148

Agent

Name: Brian Woods

Office

Name: Woods Properties Inc.

Phone: 781-308-3914

Team Members

Payment Calculator

, Interest

Property Taxes 798.25

Principal & Interest 6463.6

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Woods Properties Inc.

Brian Woods

Agent Phone

Office Phone

(781) 308-3914

Text Agent Call Agent Call Office

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EXIT

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