THREE FAMILY on CORNER lot in convenient location! Unit 1 is 3 level unit consisting of an open concept living, dining room, & kitchen on the first floor. The second floor has three bedrooms & a full bathroom with an additional room & 1/2 bath on the third floor! Storage area and laundry connection in the basement. Unit #3 is spread out over the second & third floor & offers a living room, kitchen, bedroom, 1/2 bath & full bath & bedroom on the second floor. Unit #2 offers a kitchen, bedroom & full bathroom. The units were renovated in 2012 & new siding was done in 2022. There are separate utilities, generous basement storage, & 2 car off street parking. This property will be sold AS IS. All tenants are tenants at will. Convenient to Boston, Wellington and Malden MBTA, the bus stop, Northern Strand Bike Trail, major highways, restaurants, breweries, shops, & easy access to downtown Malden, Everett, and Assembly Row! Great opportunity to add this investment to your portfolio!

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Basic Information

Gross Income $57,600
Lot Features Corner Lot
Mls StatusNew
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Tax Information

Tax Assessed Value $968,800
Tax Year 2026
Taxes$11,143

Parking

Parking Features Off Street
Parking Spaces2

Rooms

Bathroom6
Bathrooms Total Decimal 4.5
Bedrooms7
Full Bath3
Half Baths3

Basic Information

List Price$1,049,000
MLS Number73530550
Modification Date06/05/2026
Property SubType3 Family - 3 Units Side by Side

Location

Address161-165 Madison Street
Building Number161-165
CountyMiddlesex
StateMA
StreetMadison Street
TownMalden
Zip02148

Building

BasementFull, Unfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationStone
Levels 5
Patio And Porch Features Porch
Rooms14
Stories5
Units3
Year Built1920
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.06

Interior

Flooring Varies, Hardwood
Interior Features Living Room, Dining Room, Kitchen

Exterior

RoofShingle

Utilities

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

Property Information

Building Area Source Other
Living Area 3,248
Lot Size Square Feet 2,613.6
Lot Size Units Acres
Square Feet3,248

Amenities

Amenities
- Bike Path
- Highway Access
- House of Worship
- Laundromat
- Medical Facility
- Park
- Pool
- Private School
- Public School
- Public Transportation
- Shopping
- T-Station
- Tennis Court(s)
- Walk/Jog Trails
Appliances IncludedRange, Refrigerator
Other AmenitiesBasement, Tennis

Legal

ZoningResA

Other

Date Listed06/04/2026
Farm Land Area Units Square Feet

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Newton, MA

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Newton, MA