Welcome to 43-45 Medford Street, a versatile two-family property that offers an extraordinary opportunity for owner occupants or investors. Located in the convenient Bell Rock Neighborhood of Malden that is near shopping, some exceptional restaurants, cafés and breweries, Bell Rock Memorial Park and within a mile to downtown Malden/The Orange Line. Unit 1 has 5 rooms/2 bedrooms. One room in the basement offers potential to finish and add living space to unit 1. Unit 2 has 7 rooms/4 bedrooms and is situated on the second and third floors and has some potential to expand into the unfinished attic. Both units are bright and sunny with hardwood floors, high ceilings, eat in kitchens and semi-updated bathrooms. Oil tanks are a few years old. Driveway offers parking for 2 + cars, and a cozy backyard with a shed. A fantastic property with tons of upside. You won’t want to miss it.
Year Built: 1900
Living Area: 2,693 SqFt
Office Name: Compass
Listing Agent: Mike Cohen
Appliances: Gas Water Heater
Flooring Type: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
Interior: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 6
Exterior: Unit 2 Balcony/Deck
Parking: Paved Drive, Off Street, Tandem, Paved
Lot Size: 0.07 Acres
Assigned Schools Information:
Malden High School, Public District Grades 9-12
Beebe, Public District Grades KG-8
Ferryway, Public District Grades KG-8
Salemwood, Public District Grades KG-8
Directions: On Medford Street, near Main Street intersection
Listing Price Info
List Price: $699,900
Price Per SqFt: $260/SqFt
Buyer's Agent Commission: 2
Annual Amount: $6,715
Tax Year: 2021
What can I afford?
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Housing Market Comparison
See how this home compares to others in Malden, MA.
This property is $78.4K more than the Median Sold Price and $128/SqFt less than other homes in Malden, MA.
Based on homes sold in the last 12 months
MLS Name: MLS Property Information Network
MLS Number: #73087851
Office Name: Compass
Listing Agent: Mike Cohen
Note: Any Compensation information displayed on listing details is only applicable to other member participants of the source MLS.
Last updated on: 3/23/2023, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at firstname.lastname@example.org.
Property Sales & Tax
History based on county public records data.
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
The neighbors living near this home have an average income of $50,992. The majority of Malden, MA residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
The split between renters and homeowners is about even. In this city, roughly 30% of dwellings are large apartment buildings, and the remainder are mainly small apartment buildings, duplexes, and single detached homes. This part of the Boston-Cambridge-Newton metropolitan area experienced its most significant building boom pre-1960, so most of the available housing is from this time period. This city is primarily composed of three bedroom and two bedroom homes.
Is Malden, MA a good place to live?
Malden is a good city to buy a house in for those who prefer a slower-paced atmosphere. Parks, such as Fellsmere Park and Beth Israel Cemetery, are very well-situated and there are around 40 of them nearby for residents to relax in, making it very easy to get to them. The noise levels in this city are also low, as the streets are quite peaceful - although that is not the case close to one of the railway lines.
Are things conveniently located in Malden, MA?
Residents will value that no matter where their home is located in Malden, primary as well as high schools are close by. Apart from public schools, there are private elementary and high schools. When it comes to food, property owners in Malden will value that a grocery store is always only a short walk away. Moreover, there is often a restaurant or cafe in close proximity.
What does the transportation in Malden, MA look like?
Malden will please home buyers that appreciate different means of transportation. Malden is transit friendly. For example, there is the Malden Center Station with access to the Haverhill Line. Residents are served by Oak Grove Station and Malden Center Station on the Orange Line. There are about 20 bus lines, and bus stops are commonly nearby. Malden is also car friendly. It is convenient to park, and most homes for sale are a reasonably short car ride from the nearest highway. It is straightforward for people traveling on foot to navigate this city; most common errands can be run on foot, and numerous businesses are quite nearby.
This home is located at 43-45 Medford St in Malden, MA and zip code 02148. This 2,693 square foot home, which was built in 1900, sits on a 0.07 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 15, 2023 and is currently priced at $699,900.
Over 3 listings were sold over their listed price in February 2023 in Malden, MA. In the same period over 3 listings were sold below the listed price and 4 listings were sold for the listed price. In February 2023 in Malden, MA there were 24.1% less homes for sale than in January 2023. Listings spent 23 days on the market in February 2023, and had a median list price of $621,466 during the same period.
From Rocket Homes Real Estate and based on county public records data.