Malden, MA 02148,40 Clark St
Malden, MA 02148,40 Clark St
Malden, MA 02148,40 Clark St
25
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$949,900
Est. payment /mo
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4 Beds
4 Baths
2,523 SqFt
Open Sun 12PM-2PM

40 Clark St Malden, MA 02148

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Matt Innis

Matt Innis

+1(508) 572-8335

Open House

Sun Jan 18, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,523 sqft

Price per Sqft $376

MLS Listing ID 73468369

Bedrooms 4

Full Baths 4

Year Built 1900

Annual Tax Amount $7,822

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type 3 Family

Property Description

Excellent opportunity to own a well-maintained multifamily in a prime Malden location. This 3-unit building has two TAW-leased 1B/1BA apartments, and a vacant top floor 2B/2BA unit ideal for an owner-occupant or to lease at market rent, offering immediate income with strong upside potential. Features include updated countertops and cabinets, wood flooring, laundry hook-ups in two units, balcony, deck and yard. A new roof was installed in 2018. All units separately metered and tenants pay their own utilities. Nestled in a quiet neighborhood with on-street parking. Conveniently located near bus routes, restaurants and shops, and about 1 mile to Malden Center and Oak Grove T stops - key drivers of demand in Malden's strong rental market. This is a solid opportunity for investors seeking a stabilized asset or owner-occupants looking to offset expenses with rental income.

Location

State MA

County Middlesex

Zoning ResA

Direction Salem Street to Porter Street to Clark Street

Rooms

Basement Finished, Walk-Out Access

Interior

Interior Features Walk-In Closet(s), Bathroom With Tub & Shower, Pantry, Storage, Bathroom with Shower Stall, Living Room, Kitchen

Heating Electric, Natural Gas

Flooring Wood

Appliance Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Balcony/Deck, Balcony

Community Features Public Transportation, Shopping, Public School, T-Station

Roof Type Shingle

Garage No

Building

Lot Description Cleared

Story 4

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by Commonwealth Properties Residential, LLC

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Matt Innis

Matt Innis

Agent

+1(508) 572-8335

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40 Clark St