$1,162,000
About this home
Exceptional opportunity in the heart of Malden! This well-maintained three-family property offers a versatile unit mix with strong owner-occupant and rental appeal. The two first-floor units each feature comfortable 1-bedroom layouts. The second-floor unit at 205 Salem Street offers a spacious 3-4 bedroom configuration, while the second-floor unit at 203 Salem Street includes 1 bedroom plus a home office, with exciting potential to expand into a 4-bedroom plus office by updating the third floor making this a real value-add opportunity for the keen investor, family or owner occupant. Ideally situated just minutes from Malden Center with multiple bus routes, and major commuter highways, this property provides easy access to downtown Boston and the surrounding communities. Residents will appreciate the vibrant community atmosphere and convenience of nearby shopping, dining, parks, and everyday amenities. Whether you’re looking to start your real estate portfolio or add to it, this property is a smart buy for any investment minded individual, family or company.
Property details
- MLS #
- 73553796
- Property type
- 3 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 37
- On market date
- July 22, 2026
- Stories
- 3
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- 3
- Lot size
- 0.12 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 934
- Student:teacher ratio
- 11.3:1
- District
- Malden
- Enrollment
- 564
- Student:teacher ratio
- 11.1:1
- District
- Revere
- Enrollment
- 1,757
- Student:teacher ratio
- 14.1:1
- District
- Malden
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 26, 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.