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  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
  • 385-387 Salem St, Malden, Massachusetts, 6 Bedrooms Bedrooms, 20 Rooms Rooms,4 BathroomsBathrooms,Residential Income,For Sale,Salem St,73373885
Property Description

Nestled in the NB (Neighborhood Business) zone and directly on high-traffic bus routes (106, 108, 411, 430), this mixed-use asset offers seamless access to Malden Center, Sullivan Square (Orange Line), Linden, Somerville, Medford, Everett, Cambridge, and Boston. Surrounded by over 300 active businesses in a thriving commercial corridor, 385-387 Salem Street features four residential units and one commercial space—presenting immediate upside through lease-up of current vacancies. Recent upgrades include 4 new gas hot water tanks for residents and an electric hot water tank for the commercial unit. With separate utilities, ample street parking, and strategic access to Route 60, I-93, Route 1, and the Fellsway (Route 28), this property offers strong income with multiple value-add opportunities. Further due diligence may uncover additional paths for reconfiguration, subject to city permits. A compelling opportunity in a high-demand market for savvy investors. 2 Res & Comm Units vacant.

Features
: Electric
: No
: Walk-out Access, Unfinished, Concrete
: Range, Refrigerator, None
: Stone
: Balcony
: Tile, Wood, Hardwood, Concrete, Carpet
: Public Sewer
: Public
: List Agent Will Accompany All Showings. 48 Hour Advance Notice Required.
: 100 Amp Service
: Internet Available - Unknown, Kitchen, Dining Room, Pantry, Bathroom With Shower Stall, Living Room
: Unknown
: Unit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Additional Information
Faulkner
Malden High
Salemwood
1
2024
Active
$223
NB
5
$1,350,000
: No
No
New
Address Map
Malden
Massachusetts
Middlesex
02148
W72° 56' 43.6''
N42° 25' 51.6''
  • Google Map

Residential Income

385-387 Salem St, Malden, Massachusetts

6 Bedrooms
4 Bathrooms
2,348 Sqft
$1,350,000
Listing ID #73373885
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Price : $1,350,000
Bedrooms : 6
Rooms : 20
Bathrooms : 4
Square Footage : 2,348 Sqft
Year Built : 1900
Lot Area : 0.05 Acre
Listing ID : 73373885
BathroomsFull : 4
Agent info
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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