3 Family at 60 Madison Street, Malden MA 02148, Malden

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40 photos

$975,000

60 Madison Street, Malden MA 02148

Malden, MA 02148

Listed by Anna Mean

Bedrooms

Bathrooms

Living area

2,247 sqft

Year built

1900

About this home

Back on the market and now delivered fully vacant! Excellent opportunity to own a well-located 3-family property near Malden Center, offering flexibility for both investors and owner-occupants. All three units have been cleaned and refreshed, making the property turnkey and ready for immediate occupancy or rental.Conveniently located just 0.6 miles from the Malden Center T Station, with easy access to public transportation, shopping, dining, and area amenities. The first-floor unit features an eat-in kitchen with updated cabinets, laundry hookups, spacious rooms, and vinyl and laminate flooring throughout. The second-floor unit has been freshly painted and features new kitchen flooring, newly refinished hardwood floors, an eat-in kitchen, generous living space, and an in-unit washer and dryer. The third-floor unit offers an updated kitchen, hardwood flooring throughout, and private laundry in the basement. Additional highlights include a large rear patio, driveway parking for two cars, and a semi-finished basement with an additional bathroom. Recent improvements include updated heating systems for all three units, a newer roof, enhanced front masonry, and improved side steps. With all three units vacant and ready to go, the next owner has the flexibility to set rents, select tenants, or occupy a unit while generating rental income from the others. A great opportunity to own a turnkey 3-family in a convenient Malden location.

Property details

MLS #: 73572732
Property type: 3 Family
Subdivision: N/A
Status: Active
Days on market: 16
On market date: September 8, 2026
Stories: 3
Total bathrooms: 4
Garage spaces: N/A
Parking spaces: 3
Lot size: 0.07 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary

Ferryway

0.51 mi away · Grades 0-8

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: 896
Student:teacher ratio: 13.2:1
District: Malden

Middle

Madeleine Dugger Andrews

1.65 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: 458
Student:teacher ratio: 10.7:1
District: Medford

High

Malden High

0.44 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: 1,757
Student:teacher ratio: 14.1:1
District: Malden

Walkability

Blended score for Malden's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

Highly walkable

out of 100

EPA National Walkability Index

16.0 / 20 -- Most walkable

Nearby-amenity density

100 / 100

Restaurants & cafes20

Grocery stores20

Parks20

Schools20

Transit stops20

Pharmacies9

Market position

How this listing compares to current activity in Malden, from live MLS data.

On the market 16 days -- 62 fewer days than Malden's current average of 78 days.

For reference, the median list price across 370 active listings in Malden right now is $3,800.

Mortgage calculator

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Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

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% / yr

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/mo

Est. monthly payment

$6,022/mo

$195,000 down

$780,000 loan

Principal & interest$5,059

Property tax (est.)$813

Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 9 days ago.

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.