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NEWLY RENOVATED AND VACANT TWO FAMILY IN MALDEN!! Excellent opportunity for both owner-occupants and investors. Qualifying owner-occupants can take advantage of Malden's 35% residential tax exemption, offering significant potential property-tax savings! This turnkey property has been extensively updated and is ready for its next owner. The vacant first-floor unit features 1 bedroom and 1 full bath with a bright, clean, move-in-ready layout. Market rent is estimated at approximately $2,200/month, offering strong income potential from day one.The spacious upper unit spans the second and third floors and has the feel of a true owner's unit. The second level features a beautifully updated kitchen with attractive cabinetry that flows naturally into a dedicated dining area. The dining space also includes the refrigerator and a modern stackable washer and dryer, both included with the property. A thoughtfully designed separation wall provides definition and privacy for the laundry area while maintaining an open, seamless flow into the kitchen.From the dining area, step out onto the second-level rear porch, a great spot for a couple of chairs and a small table to enjoy morning coffee, hot chocolate, or crisp New England fall weather. The second level also offers a comfortable living room and one bedroom.The third floor provides 3 additional generously sized bedrooms, including the primary bedroom. Fresh paint, ceiling fans throughout, renovated living spaces, and a nicely updated bathroom give the home a clean, modern, move-in-ready feel. Market rent for the upper 4-bedroom unit is estimated at approximately $4,000/month, creating compelling owner-occupant or investment potential.Outside, the property offers great curb appeal with aluminum siding, a freshly painted blue exterior, manicured landscaping, and a private backyard. Multiple TV mounting brackets are already installed in several bedrooms, adding another convenient turnkey feature. Additional highlights include a clean basement and newer water tank.With both units vacant, strong market rents, extensive renovations, and a flexible layout, this is a rare opportunity to move in, rent out, or build your portfolio from day one. Turnkey multifamily opportunities like this in Malden don't come around often - schedule your showing and see the potential for yourself.
More Info
Basic Information
- Lot Features Level
- Mls StatusNew
- Parcel Number M:0028 B:0150 L:0015,592725
Tax Information
- Tax Assessed Value $711,200
- Tax Year 2026
- Taxes$8,108
Parking
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street, Paved
- Parking Spaces4
Rooms
- Bathroom2
- Bathrooms Total Decimal 2
- Bedrooms5
- Full Bath2
Basic Information
- List Price$859,000
- MLS Number73586638
- Modification Date10/05/2026
- Property SubTypeMulti Family
Location
- Address73 West Street
- Building Number73
- CountyMiddlesex
- StateMA
- StreetWest Street
- TownMalden
- Zip02148
Building
- BasementFull
- Building Area Units Square Feet
- Construction Materials Frame
- FoundationStone
- Levels 3
- Patio And Porch Features Porch, Covered
- Rooms13
- Stories3
- Units2
- Year Built1900
- Year Built Details Actual
- Year Built Source Public Records
Property
- Acreage0.06
Interior
- Flooring Wood
Exterior
- Exterior Features Rain Gutters, Professional Landscaping
- Fencing Fenced/Enclosed, Fenced
- RoofShingle
Utilities
- Electric 100 Amp Service
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 2,200
- Lot Size Square Feet 2,775
- Lot Size Units Acres
- Square Feet2,200
Amenities
- Amenities
- Highway Access
- House of Worship
- Laundromat
- Medical Facility
- Park
- Public School
- Public Transportation
- Shopping
- T-Station
- Other AmenitiesBasement
Legal
- ZoningResA
Other
- Date Listed10/05/2026
- Farm Land Area Units Square Feet
Map Location
Listed by Armando Roman of Signature Realty
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