40 Clark St, Malden, MA 02148

Malden
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
40 Clark St,Malden, MA 02148
$949,900
  • 4 Beds
  • 4 Baths
  • 2,523 sq. ft.
  • Multi-family
  • Active
Listed by: prescott white
Office: commonwealth properties residential, llc
MLS#:73468369
Source:MLSPIN

Price summary

  • Price:$949,900
  • Price per sq. ft.:$376.5

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:73468369
  • Updated:March 02, 2026 at 11:30 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:12
  • Flooring:Wood
  • Bathrooms Description:Bathroom With Tub & Shower, Bathroom with Shower Stall
  • Kitchen Description:Dishwasher, Kitchen, Microwave, Range, Refrigerator
  • Basement Description:Finished, Walk-Out Access
  • Living area:2,523 sq. ft.

Heating and cooling

  • Heating:Electric, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:2,523 sq. ft.
  • Lot area:0.05 Acres
  • Lot Features:Cleared
  • Construction Materials:Frame
  • Exterior Features:Balcony, Balcony/Deck, Porch
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$949,900
  • Price per sq. ft.:$376.5
  • Tax amount:$7,822 (2025)

Features and amenities

  • Appliances:Dishwasher, Microwave, Range, Refrigerator, Washer/Dryer
  • Laundry features:Dryer Hookup, Washer Hookup, Washer/Dryer
  • Amenities:Storage, Walk-in Closet(s)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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