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1013-1015 Eastern Ave, Malden MA 02148

Malden, MA 02148
$770,000
Est. $4,098/month
6
Beds
2
Baths
2,288
Sq Ft
$337
Price/Sq Ft
0.07
Acres
1890
Year Built
Multi Family
Type
6
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73278255

About this home

Discover a solid investment opportunity at 1013-1015 Eastern Ave, Malden, MA. This two-family property, while needing some TLC, offers significant upside for the savvy investor. Located in a convenient Malden neighborhood, you're just minutes from public transportation, shopping, and dining options—ideal for renters seeking accessibility.Each unit features a straightforward layout with ample space to reimagine. The property’s rental potential is undeniable, with two units ready to generate steady income once refreshed. The price point reflects the condition, making this a rare chance to enter the Malden market affordably. Perfect for those with an eye for value and a knack for seeing potential where others might not. Seize this opportunity to add value and watch your investment grow.

Sale Statistics

Sale Overview
Original List Price: $760,000
Final Sale Price: $770,000
Difference: +$10,000 (+1.3%)
Performance Metrics
101.3%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $332
Sale $/sq ft: $337
This property sold for $337 per square foot
Sale Summary

This property sold for 1.3% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1890
Bedrooms
6
Full Bathrooms
2
Living Area
2,288 sq ft
Total Rooms
10
Stories
2
Levels
2

Interior Features

Has Fireplace
No

Exterior & Structure

Foundation
Stone
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.07 acres
Lot Size
3,001 sq ft
Lot Size Area
0.0700
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,303
Tax Year
2024
Tax Assessed Value
$710,300
Parcel Number
M:126 B:484 L:420,599847
Zoning
ResA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Buyer/buyers agent to conduct own due diligence. Listing agent/seller make no representations or warranties expressed or implied. Both units are owner occupied with no lease. First floor owner would like a lease back for 3 months. $7500 will be offered to be held back at closing towards rent.

Location

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Neighborhood

1013-1015 Eastern Ave, Malden MA 02148

Malden, MA 02148

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $692
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.3%
Price Range
7
Total Days on Market

Property Timeline

✓
Sold
Dec 23, 2024
$770,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Aug 15, 2024
$760,000
Original listing
Agent: The Pezzano Group Office: LAER Realty Partners

Price & Status History

Date Event Price Change
Aug 15, 2024 New Listing Added $760,000 —

Market Statistics

Days on Market
6 days
Price per Sq Ft
$337

Tax History

Year Taxes Assessment
2024 $8,303 $710,300

Financial Details

Annual Property Tax
$8,303
Tax Year 2024
Assessed Value
$710,300

Listing Information

Listing Agent The Pezzano Group
Listing Office LAER Realty Partners
Agent MLS ID TM346389
Office MLS ID AN3158

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