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Turn-key two family. Two units, two levels each. One is vacant and ready for you. This Forestdale home fits an owner occupant or an investor. Move into the open unit and let the other help pay the mortgage. Or set your own rent from day one and run it as a full income property. Owner occupants may qualify for Malden's residential tax exemption. Unit 1 lives like a townhouse. The main floor has a great layout, hardwood floors, and a kitchen with quartz counters and stainless steel appliances. A spiral staircase leads down to a finished walk-out lower level with a second full bath, flexible living space, and laundry. Unit 2 takes the top two floors. The living room opens to a cathedral ceiling kitchen with a skylight. It has three bedrooms, one on the main level and two on the upper level, plus laundry in the unit. Each unit has its own entrance and its own high-efficiency gas system for heat and on-demand hot water. The fenced, two-tier paver patio gives you room to cook out, relax, and entertain. It has raised garden beds and a screened gazebo. There is no grass to mow, so upkeep stays easy. You also get four off-street parking spaces on a 5,044 square foot lot. The location does the rest. Oak Grove Station is about 0.8 miles away with the Orange Line and the Haverhill commuter rail. Malden Center is about 1.3 miles. Recent MBTA track and signal work means faster trains into Boston. Route 1, I-93, and Logan Airport are all close. Pine Banks Park is nearby with 108 acres of trails, ball fields, and a dog park. Trafton Park, the Middlesex Fells, and the Northern Strand bike trail are close too. Downtown Malden's restaurants are minutes away, and the new Malden River Works park opens this October. Forestdale School, K to 8, is about half a mile away. MelroseWakefield Hospital is a short drive. And Bainbridge Street is a local favorite on Halloween night. Take the 3D tour. Showings start September 26. Excellent turn-key opportunity!
More Info
Basic Information
- Gross Income $42,000
- Lot Features Gentle Sloping
- Mls StatusNew
- Parcel Number 597261
- Rent Includes Unit 1(Water), Unit 2(Water)
Tax Information
- Tax Assessed Value $970,700
- Tax Year 2026
- Taxes$11,066
School Information
- Elementary SchoolForestdale
- High SchoolMalden
- High School Malden High
- Junior HighForestdale
Parking
- Parking Features Off Street
- Parking Spaces4
Rooms
- Bathroom3
- Bathrooms Total Decimal 3
- Bedrooms5
- Full Bath3
Basic Information
- List Price$1,050,000
- MLS Number73581104
- Modification Date09/23/2026
- Property SubType2 Family - 2 Units Up/Down
- Virtual TourView Tour
Location
- Address323 Bainbridge Street
- Building Number323
- CountyMiddlesex
- NeighborhoodForestdale
- StateMA
- StreetBainbridge Street
- SubdivisionForestdale
- TownMalden
- Zip02148
Building
- BasementFull, Finished, Walk-Out Access, Interior Entry
- Building Area Units Square Feet
- Construction Materials Frame
- FoundationStone
- Levels 4
- Patio And Porch Features Porch, Patio
- Rooms14
- Stories4
- Units2
- Utilities For Gas Range
- Window Features Skylight(s)
- Year Built1890
- Year Built Details Approximate
- Year Built Source Public Records
Property
- Acreage0.12
- Other Structures Shed(s), Gazebo
Interior
- Flooring Vinyl, Hardwood
- Interior Features
- Bathroom With Tub
- Bathroom with Shower Stall
- Cathedral/Vaulted Ceilings
- Ceiling Fan(s)
- Dining Room
- Kitchen
- Laundry Room
- Living RM/Dining RM Combo
- Living Room
- Office/Den
- Remodeled
- Smart Thermostat
- Stone/Granite/Solid Counters
- Storage
- Upgraded Cabinets
- Upgraded Countertops
Exterior
- Exterior Features Rain Gutters, Garden
- Fencing Fenced
- RoofShingle
Utilities
- Cooling Window Unit(s)
- Cooling YN Yes
- Heat SystemYes
- Heating Baseboard, Hot Water, Natural Gas
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 3,297
- Lot Size Square Feet 5,044
- Lot Size Units Acres
- Square Feet3,297
Amenities
- Amenities
- Bike Path
- Conservation Area
- Highway Access
- Medical Facility
- Park
- Public School
- Public Transportation
- Shopping
- T-Station
- Walk/Jog Trails
- Appliances IncludedDisposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range
- Green Energy Efficient Thermostat
- Other AmenitiesBasement, Garden
Legal
- ZoningRESA
Other
- Date Listed09/22/2026
- Farm Land Area Units Square Feet
Map Location
Listed by Gregory Anderson of A. C. B. Realty Inc.
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