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Exceptional investment opportunity in the heart of Malden, just minutes from vibrant Malden Center and the MBTA Orange Line. This expansive 3-family property offers 17 rooms, 9 bedrooms, and 3 full bathrooms, making it ideal for an owner-occupant seeking rental income or an investor looking to capture strong market rents. Each unit provides generous living space, while the building delivers immediate income with additional upside through rental growth and value-add improvements. Whether you choose to occupy one unit and let the others offset your mortgage or fully lease the property at market rate, this is a versatile asset in a high-demand commuter location. Features include 2-car parking and common laundry in basement. Proximity to public transportation, shops, restaurants, and major routes enhances long-term desirability and consistent tenant demand. Don't miss this rare opportunity!

More Info

Basic Information

  • Gross Income $88,440
  • Lot Features Level
  • Mls StatusUnder Agreement
  • Parcel Number 596813

Tax Information

  • Tax Assessed Value $1,000,600
  • Tax Year 2025
  • Taxes$11,327

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Shared Driveway, Off Street, Tandem, Paved
  • Parking Spaces2

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms9
  • Full Bath3

Basic Information

  • List Price$1,199,900
  • MLS Number73488683
  • Modification Date05/13/2026
  • Property SubType3 Family
  • Purchase Contract Date05/08/2026

Location

  • Address51-53 Holyoke Street
  • Building Number51-53
  • CountyMiddlesex
  • StateMA
  • StreetHolyoke Street
  • TownMalden
  • Zip02148

Building

  • Basement
    • Bulkhead
    • Concrete
    • Full
    • Interior Entry
    • Sump Pump
    • Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms17
  • Stories3
  • Units3
  • Utilities For Gas Range, Washer Hookup
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.07

Interior

  • Flooring Wood, Tile
  • Interior Features
    • Bathroom With Tub & Shower
    • Ceiling Fan(s)
    • High Speed Internet
    • Kitchen
    • Living Room
    • Office/Den

Exterior

  • Exterior Features Balcony/Deck, Rain Gutters
  • RoofRubber

Utilities

  • Electric 200+ Amp Service
  • Heat SystemYes
  • Heating Forced Air, Natural Gas, Unit Control
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,796
  • Lot Size Square Feet 2,879
  • Lot Size Units Acres
  • Square Feet3,796

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
  • Appliances IncludedRange, Refrigerator, Range Hood
  • Other AmenitiesBasement

Legal

  • ZoningResA

Other

  • Date Listed03/18/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Peter Scanlan of Coldwell Banker Realty - Belmont

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