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Discover the possibilities in a prime Malden location! This side-by-side two-family home offers flexible living arrangements, spacious layouts, and the potential to make the property your own. Both units feature three levels of living space and hardwood floors. Unit 1 is vacant and ready for its next owner or tenant. The first floor features a living room and dining room combination, full bathroom, and kitchen. Upstairs, the second floor offers three bedrooms and another full bathroom, while the top floor provides a fourth bedroom with added flexibility for guests, a home office, or additional living space. Unit 2 offers an opportunity to generate rental income from day one, with established tenants paying $3,250 per month through June 2027. The first floor features a combined living and dining room, a half bathroom, and a kitchen. The second floor offers two bedrooms, a den or home office, and a full bathroom, while the top floor features a third bedroom. Both units also offer basement laundry, and the property includes two off-street parking spaces. Conveniently located near the Northern Strand Community Trail and Green Street Park, with easy access to the Orange Line, downtown Malden’s shops and restaurants, Assembly Row, Encore Boston Harbor, and major routes into Boston. Whether you’re looking to expand your investment portfolio, owner-occupy while generating rental income, or explore the possibilities of a two-family property, 108 Madison Street is an opportunity worth exploring.

More Info

Basic Information

  • Gross Income $39,000
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 594669
  • Rent Includes Unit 1(Water), Unit 2(Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Year 2026
  • Taxes$9,203

School Information

  • Elementary SchoolFerryway
  • High SchoolMalden
  • High School Malden High

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces2

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 3.5
  • Bedrooms7
  • Full Bath3
  • Half Baths1

Basic Information

  • List Price$999,000
  • MLS Number73593446
  • Modification Date10/22/2026
  • Property SubType2 Family - 2 Units Side by Side
  • Virtual TourView Tour

Location

  • Address108 Madison Street
  • Building Number108
  • CountyMiddlesex
  • NeighborhoodBell Rock
  • StateMA
  • StreetMadison Street
  • SubdivisionBell Rock
  • TownMalden
  • Zip02148

Building

  • BasementFull, Bulkhead, Concrete, Unfinished
  • Building Area Units Square Feet
  • FoundationOther
  • Levels 6
  • Patio And Porch Features Patio
  • Rooms12
  • Stories6
  • Units2
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.06

Interior

  • Flooring Tile, Hardwood
  • Interior Features
    • Bathroom With Tub & Shower
    • Bathroom with Shower Stall
    • Ceiling Fan(s)
    • Dining Room
    • Internet Available - Unknown
    • Kitchen
    • Laundry Room
    • Lead Certification Available
    • Living RM/Dining RM Combo
    • Living Room
    • Mudroom
    • Stone/Granite/Solid Counters
    • Storage
    • Upgraded Countertops

Exterior

  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle, Rubber

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Central, Forced Air, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,824
  • Lot Size Square Feet 2,670
  • Lot Size Units Acres
  • Square Feet2,824

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Trash Compactor, Range Hood
  • Other AmenitiesBasement

Other

  • Date Listed10/21/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Wilson Group of Keller Williams Realty

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