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32 Myrtle St, Malden MA 02148

Malden, MA 02148
$879,999
Est. $5,393/month
5
Beds
2.5
Baths
2,236
Sq Ft
$394
Price/Sq Ft
0.08
Acres
1910
Year Built
3
Parking
3 hours 50 minutes
Time on Market
Active Open House Listed Jul 9, 2026 • MLS# 73547735 Copied! • Updated Jul 9, 2026

Open House Schedule

11
Jul
Saturday, July 11
11:00 AM - 12:30 PM EDT
12
Jul
Sunday, July 12
1:00 PM - 2:30 PM EDT

About this home

***OPEN HOUSE SATURDAY (7/11) @ 11AM - 12:30PM & SUNDAY (7/12) @ 1PM-2:30PM*** Exceptional opportunity to own a well-maintained two-family home in Malden, ideal for both owner-occupants and investors. Offering 2,236 square feet of living space, this property features a total of 5 bedrooms, 2.5 baths, and three off-street parking spaces. Unit 1 will be delivered vacant and offers 2 bedrooms and 1 full bath, perfect for an owner looking to offset their mortgage with rental income. Unit 2 features 3 bedrooms, 1.5 baths and in unit laundry spread over 2 floors and is currently leased for $3,471 per month, providing immediate cash flow. Conveniently located near public transportation, shopping, restaurants, schools, and major commuting routes, this property offers the perfect blend of investment potential and everyday convenience. Whether you’re expanding your portfolio or looking for a place to call home while generating rental income, this is an opportunity you won’t want to miss.

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Property History

Property Timeline

🏠
Listed for Sale
Jul 10, 2026
$879,999
Original listing
Agent: The Vici Group Office: Shore Real Estate LLC

Tax History

Year Taxes Assessment
2024 $8,922 $788,200

Financial Details

Annual Property Tax
$8,922
Tax Year 2024
Assessed Value
$788,200

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1910
Living Area 2,236 sq ft
Lot Size 0.08 acres
Bedrooms 5
Full Baths 2
Half Baths 1
Total Rooms 9

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $3,471/mo · Y
Total Monthly Rent $3,471/mo
Gross Income $41,652
Net Operating Income $41,652
Cap Rate 4.73%
Heating None
Cooling None
Flooring Wood, Tile, Vinyl, Carpet
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Composite
Features Paved Drive, Off Street, Paved
Total Spaces 3
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $8,922
Assessed Value $788,200
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Buyer And Buyer’s Agent Must Verify All Information And Perform Their Own Due Diligence. Unit #2 Is Leased For $3, 471. Unit #1 Will Be Moving Out 7/31/26.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1910
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,236 sq ft
Total Rooms
9
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Vinyl, Carpet
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Deck - Composite
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Paved
School District
Malden School District local
B-
School Safety 2024-25
1.6% Average
1.5% Suspensions 1.0% In-School 0.1% Emergency
3.9% below state avg
E

Elementary Schools

8 schools
A
Mystic Valley Regional Charter School
0.1 mi | #52 of 346 | Score: 67.0
Dropped 2 spots from last year
+8.8 above state avg
1,698 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
D
Salemwood School
0.4 mi | #324 of 352 | Score: 28.9
Dropped 70 spots from last year
-29.4 below state avg
1,033 students Diverse
Diverse Student Body
Grades K-08
B-
Linden School
0.5 mi | #197 of 352 | Score: 40.7
Improved 30 spots from last year
-17.5 below state avg
813 students Very Diverse
Rising School Diverse Student Body
Grades K-08
B-
Forestdale School
0.7 mi | #185 of 352 | Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students Very Diverse
Diverse Student Body
Grades K-08
B
Ferryway School
1.1 mi | #166 of 352 | Score: 43.0
Improved 23 spots from last year
-15.2 below state avg
920 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Cheverus Elementary School
1.2 mi
Grades PK-08
B-
Beebe School
1.8 mi | #196 of 352 | Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students Very Diverse
Diverse Student Body
Grades K-08
Malden Early Learning Center
0.9 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
Malden Catholic High School
0.4 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
C+
Malden High School
1.1 mi | #226 of 346 | Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students Very Diverse
14 sports • 856 athletes
Early College Program Rising School Diverse Student Body
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $744
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

32 Myrtle St, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent The Vici Group
Listing Office Shore Real Estate LLC
Office Phone 617-320-7177
Agent MLS ID TM360217
Office MLS ID AN8998
Listing Data Updated Jul 9, 2026 9:48 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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