Exceptional investment opportunity in the heart of Malden, just minutes from vibrant Malden Center and the MBTA Orange Line. This expansive 3-family property offers 17 rooms, 9 bedrooms, and 3 full bathrooms, making it ideal for an owner-occupant seeking rental income or an investor looking to capture strong market rents. Each unit provides generous living space, while the building delivers immediate income with additional upside through rental growth and value-add improvements. Whether you choose to occupy one unit and let the others offset your mortgage or fully lease the property at market rate, this is a versatile asset in a high-demand commuter location. Features include 2-car parking and common laundry in basement. Proximity to public transportation, shops, restaurants, and major routes enhances long-term desirability and consistent tenant demand. Don’t miss this rare opportunity!
- Heating System:
- Forced Air, Unit Control, Natural Gas
- Basement:
- Full, Bulkhead, Sump Pump, Interior Entry, Unfinished, Concrete
- Parking:
- Tandem, Off Street, Paved, Paved Drive, Shared Driveway
- Appliances:
- Range, Refrigerator, Range Hood
- Construction:
- Frame
- Exterior Unit Features:
- Rain Gutters, Balcony/deck
- Flooring:
- Tile, Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- 200+ Amp Service
- Garage Parking
- Interior Features:
- High Speed Internet, Kitchen, Bathroom With Tub & Shower, Ceiling Fan(s), Office/den, Living Room
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup
- Market Time:
- 4
- Parking Spaces:
- 2
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $316
- Zoning:
- ResA
- No Units:
- 3
- Orig Price:
- $1,199,900
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Malden
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02148
- Longitude:
- W72° 56' 19.8''
- Latitude:
- N42° 25' 28''
Residential Income
51-53 Holyoke Street, Malden, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,199,900
- Bedrooms :
- 9
- Rooms :
- 17
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 3,796 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.07 Acre
- Listing ID :
- 73488683
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com