40 Clark St, Malden, MA 02148

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
Upcoming open houses
  • Sun, Jan 18
    12:00 pm - 02:00 pm
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. First showings will be at Open House Friday 1/16 from 2:00-3:45PM. Second Open House is Sun 1/18 from 12Noon to 2 PM.

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Home facts

  • Year built:1900
  • Listing ID #:73468369
  • Updated:January 16, 2026 at 02:54 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • 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

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

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