Exceptional 3-family investment opportunity in a desirable Malden neighborhood, offering 4,726 sq. ft. of total living area plus an unfinished fourth-floor grandfathered in-law space with an 800-to-1,000 sq. ft. open-plan layout. Each of the three primary units features 1,445 sq. ft. comprising three bedrooms, a large eat-in kitchen, family and dining rooms, a full bathroom, and storage. The 1st-floor unit features an open layout with sliding glass doors opening to a deck and backyard, while the 2nd and 3rd floors have been updated with new flooring, modern kitchens, and refreshed bathrooms. Well-maintained mechanical systems include brand-new oil heating systems and tanks, separately metered utilities, and a full walk-out basement with separate laundry hookups. Complete with 5 to 6 off-street parking spaces, the property is ideally located just one block from Ferry Way Elementary School, 0.9 miles from the Orange Line subway and Town Center, right along an MBTA bus route, with quick access to I-93 and I-95.

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Basic Information

Gross Income $91,200
Mls StatusNew
Parcel Number 596437
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Tax Information

Tax Assessed Value $946,200
Tax Year 2026
Taxes$10,786

Parking

Open Parking YN Yes
Parking Features Paved Drive, Off Street, Paved
Parking Spaces5

Rooms

Bathroom3
Bathrooms Total Decimal 3
Bedrooms9
Full Bath3

Basic Information

List Price$1,279,000
MLS Number73573631
Modification Date09/08/2026
Property SubType3 Family

Location

Address403-405 Ferry Street
Building Number403-405
CountyMiddlesex
StateMA
StreetFerry Street
TownMalden
Zip02148

Building

BasementFull, Unfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationConcrete Perimeter
Levels 3
Patio And Porch Features Porch, Deck
Rooms18
Stories3
Units3
Year Built1900
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.15

Interior

Flooring Tile, Hardwood

Utilities

Heat SystemYes
Heating Oil
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Other
Living Area 4,726
Lot Size Square Feet 6,490
Lot Size Units Acres
Square Feet4,726

Amenities

Amenities
- Highway Access
- Medical Facility
- Park
- Public School
- Public Transportation
- Shopping
- T-Station
- Walk/Jog Trails
Appliances IncludedRange, Dishwasher, Refrigerator, Freezer, Range Hood
Other AmenitiesBasement

Legal

ZoningResA

Other

Date Listed09/09/2026
Farm Land Area Units Square Feet

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Newton, MA

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Newton, MA