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$5,950,000

38 Clapp St., Malden MA 02148
Malden, MA 02148
Listed by Carl Christie
Bedrooms
30
Bathrooms
18
Living area
16,512 sqft
Year built
1970

About this home

18-unit brick garden-style apartment building with twelve (12) 2-BR, five (5) 1-BR, and one (1) studio apartment. Many recent improvements to the apartments and the building. Off-street parking, well-located on a side street in the Linden neighborhood of Malden. Fully occupied with existing cash flow and upside potential. FOR ADDITIONAL INFORMATION PLEASE SEE FIRM REMARKS

Property details

MLS #
73538827
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
3
Garage spaces
N/A
Lot size
0.48 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Linden
0.27 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
787
Student:teacher ratio
11.9:1
District
Malden
Middle
Susan B. Anthony Middle School
1.1 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
564
Student:teacher ratio
11.1:1
District
Revere
High
Everett High
1.56 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,091
Student:teacher ratio
13.2:1
District
Everett

Mortgage calculator

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Est. monthly payment
$35,982/mo
$1,190,000 down
$4,760,000 loan
Principal & interest$30,873
Property tax (est.)$4,958
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.