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5 Beds
2 Baths
2,200 sqft

$859,000

73 West St, Malden MA, 02148

Price per sqft$390.45
Built in1900
Property size2,200 sqft
Property typeMulti-family

Overview

Active

New

Listed Oct 5, 2026

Updated 3h ago

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.

$5,715/mo

Est. mortgage payment based on a $859,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73586638

Interior Features

Bedrooms
5
Bathrooms
2
Basement
Yes

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$8,108
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Armando Roman with Signature Realty

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Data last updated 7:46 PM UTC, 10/5/2026

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