"AS-IS" 2-family property in Malden in Maplewood neighborhood and minutes from downtown Malden Center. Property right across from Salemwood School and bus stop. Property needs work. This is "as-is" sale with a lot of upside. Two units, up and down, both with 3 bedrooms and 1 bath, living room, kitchen and balcony. Roof is said to be 10 years old, gas boilers for each unit, and separate hot water tanks. Two electrical panels, one for each apartment. No parking, only street parking without permit in Malden. Property will be delivered vacant. Washer and dryer hookups in each apartment. Property can be ideal for an investor or someone who wants to live in Malden and have rental income. First showings at the open house on Saturday 11am to 3pm.

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Basic Information

Lot Features Steep Slope
Mls StatusNew
Parcel Number M:116 B:715 L:534,599406
Rent Includes Unit 1(Water), Unit 2(Water)

Tax Information

Tax Assessed Value $728,000
Tax Year 2025
Taxes$8,241

Parking

Open Parking YN Yes
Parking Spaces

Rooms

Bathroom2
Bathrooms Total Decimal 2
Bedrooms6
Full Bath2

Basic Information

List Price$699,000
MLS Number73528252
Modification Date06/02/2026
Property SubTypeMulti Family

Location

Address548 Salem Street
Building Number548
CountyMiddlesex
NeighborhoodMaplewood
StateMA
StreetSalem Street
SubdivisionMaplewood
TownMalden
Zip02148

Building

BasementDirt Floor, Unfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationStone
Levels 2
Patio And Porch Features Porch
Rooms11
Stories2
Units2
Utilities For Gas Range, Washer Hookup
Year Built1880
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.23

Interior

Interior Features Kitchen, Family Room, Laundry Room, Living RM/Dining RM Combo

Exterior

Exterior Features Balcony
RoofShingle

Utilities

Electric Circuit Breakers
Heat SystemYes
Heating Hot Water, Natural Gas
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 2,883
Lot Size Square Feet 9,953
Lot Size Units Acres
Square Feet2,883

Amenities

AmenitiesPublic Transportation, Park, Bike Path, Public School, T-Station
Appliances IncludedRange, Dishwasher, Refrigerator
Other AmenitiesBasement

Legal

ZoningResA

Other

Date Listed06/02/2026
Farm Land Area Units Square Feet

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