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Turnkey 4-family investment opportunity rebuilt from the studs in 2016 with modern systems, updated finishes and low-maintenance ownership appeal. Ideal for investors seeking strong rental stability or owner-occupants looking to offset living costs with solid in-place income. Positioned on bustling Salem St with an MBTA bus stop directly at the doorstep and easy access to Malden Center/Oak Grove Orange Line stations for seamless commuting into Boston. Convenient to Route 60, Route 1, I-93, and downtown Boston, making this a prime location for tenants. Street parking and minimal landscaping significantly reduce ongoing maintenance and operating expenses. A rare opportunity to own a newer-construction multifamily asset in a high-demand rental market with excellent transit connectivity and long-term appreciation potential.

More Info

Basic Information

  • Gross Income $81,600
  • Mls StatusNew
  • Parcel Number M:116 B:715 L:542,599414

Tax Information

  • Tax Assessed Value $924,200
  • Tax Year 2025
  • Taxes$10,462

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms6
  • Full Bath4

Basic Information

  • List Price$1,375,000
  • MLS Number73527683
  • Modification Date06/02/2026
  • Property SubType4 Family
  • Virtual TourView Tour

Location

  • Address468 Salem Street
  • Building Number468
  • CountyMiddlesex
  • StateMA
  • StreetSalem Street
  • TownMalden
  • Zip02148

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Levels 4
  • Rooms16
  • Stories4
  • Units4
  • Year Built1930
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.13

Interior

  • Flooring Hardwood

Exterior

  • RoofShingle

Utilities

  • Electric Circuit Breakers, Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,671
  • Lot Size Square Feet 5,750
  • Lot Size Units Acres
  • Square Feet2,671

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • Laundromat
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails

Legal

  • ZoningResA

Other

  • Date Listed06/01/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Mission Impossible Team of United Brokers

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