Active Under Contract
102 Days on market
161-165 Madison Street Malden — Photo 1 of 42

161-165 Madison Street Malden — Photo 1 of 42

Recent Drop: $49,100

$1,049,000
$999,900

$999,900

Investment Analysis — 161-165 Madison Street

Malden, MA 02148

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02148 carries an estimated $9,590/mo in gross rent — about a 7.63% cap rate and $76,318/yr in estimated NOI at the $999,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

4.5

SqFt

3,248

Style

3 Family - 3 Units Side by Side

Built

1920

NEW PHOTOS! HOUSE NOW to be DELIVERED VACANT! THREE FAMILY on CORNER lot in convenient location! Unit 1 is 3 level unit consisting of an open concept living, dining room, kitchen, & 1/2 bath on the first floor. The second floor has three bedrooms & a full bathroom with an additional room & 1/2 bath on the third floor! Storage area and laundry connection in the basement. Unit #3 is spread out over the second & third floor & offers a living room, kitchen, bedroom, 1/2 bath & full bath & bedroom on the second floor. Unit #2 offers a kitchen, bedroom & full bathroom. The units were renovated in 2012 & new siding was done in 2022. There are separate utilities, generous basement storage, & 2 car off street parking. This property will be sold AS IS. All tenants are tenants at will. Convenient to Boston, Wellington and Malden MBTA, the bus stop, Northern Strand Bike Trail, major highways, restaurants, breweries, shops, & easy access to downtown Malden, Everett, & Assembly Row!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,049,000
Annual Taxes$11,143.36

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms14
FireplacesNone
FlooringVaries, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingNatural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningResA

Property & Lot

Acres0.06
SqFt Lot2,613.6
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Property History

Price Drop
$999,900

Was $1,049,000

Jul 21, 2026

MLS® 73530550

Listed
$1,049,000

Jun 4, 2026

MLS® 73530550

Listing Provided By

Listing Agent: Kristin Gennetti

Listing Office: Century 21 North East

MLS® Number: 73530550