354 Lynn St, Malden MA 02148

Malden, MA 02148 • Linden
$929,900
Est. $5,665/month
6
Beds
2
Baths
2,418
Sq Ft
$385
Price/Sq Ft
0.07
Acres
1936
Year Built
4
Parking
3 hours 45 minutes
Time on Market
Active Open House Listed Jul 29, 2026 • MLS# 73556231 Copied! • Updated Jul 29, 2026

Open House Schedule

02
Aug
Sunday, August 2
2:00 PM - 3:00 PM EDT
01
Aug
Saturday, August 1
2:00 PM - 3:00 PM EDT

About this home

Exceptional 2-family opportunity situated on a desirable corner lot, with 1 vacant unit. Don't miss this chance to own a beautifully maintained home in a prime commuter location just minutes from Boston. Whether you're an investor seeking immediate income or an owner-occupant looking to offset your mortgage, this property offers the best of both worlds. This 12-room, 6 bedroom and 2 bath home has 3-living levels with bright and inviting living areas and generously sized kitchens. Unit 1 offers hardwood floors throughout, 5 rooms, 2 bedrooms, and newer full bath. Laundry for the 1st floor unit is in the basement. Unit 2 offers 2 levels of living space with 7 rooms, 4 bedrooms, hardwood floors (under the carpet), full bath and in-unit laundry. Separate heating systems, electrical panels, and hot water tanks, newer roof (2021) and a large basement providing abundant storage. A beautifully landscaped fenced yard, welcoming enclosed front and rear porches, and 2 separate driveways (1 for the owner and one for the tenant). Conveniently located with easy access to shopping, restaurants, Express Bus to downtown Boston, Route 1, and Logan Airport.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 29, 2026
$929,900
Original listing
Agent: Maureen Schlegel Office: Century 21 North East

Tax History

Year Taxes Assessment
2026 $9,161 $803,600

Financial Details

Annual Property Tax
$9,161
Tax Year 2026
Assessed Value
$803,600

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1936
Living Area 2,418 sq ft
Lot Size 0.07 acres
Bedrooms 6
Full Baths 2
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent $550/mo · N
Unit 2 Rent — · N
Total Monthly Rent $550/mo
Gross Income $6,600
Net Operating Income $6,600
Cap Rate 0.71%
Heating Steam, Natural Gas, Individual
Cooling Window Unit(s), Individual, Wall Unit(s)
Flooring Tile, Carpet, Hardwood, Stone/ceramic Tile
Appliances Range, Disposal, Range Hood, Dishwasher, Washer, Dryer
Fireplace None
Basement Full, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished
Laundry Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features Storage, Bathroom With Tub & Shower, Ceiling Fan(s), Walk-up Attic, Living Room, Dining Room, Kitchen, Laundry Room
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Enclosed
Features Paved Drive, Off Street, Paved
Total Spaces 4
Electric Circuit Breakers, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Gas Dryer, For Electric Dryer, Washer Hookup

Financial

Annual Tax $9,161
Assessed Value $803,600
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Taxes Do Not Reflect Maldens 30% Residential Exemption. 1st For Tenant Is Taw And Is Related To The Seller. Each Unit Has Their Own Alarm Systems. Buyers And Buyers Agents To Due Any And All Due Diligence.
Exclusions Personal Belongings.
Possession None
Accepted Financing None
Structure Type []
House Color Beige
Sq Ft Source Public Record
Sq Ft Disclosures Square footage includes the 3rd floor.
Documents None
County Middlesex

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1936
Bedrooms
6
Full Bathrooms
2
Living Area
2,418 sq ft
Total Rooms
12
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Carpet, Hardwood, Stone/Ceramic Tile
Appliances: Range, Disposal, Range Hood, Dishwasher, Washer, Dryer
Interior Features: Storage, Bathroom With Tub & Shower, Ceiling Fan(s), Walk-Up Attic, Living Room, Dining Room, Kitchen, Laundry Room
Windows: Insulated Windows, Screens
Basement: Full, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished
Laundry: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security: Security System

Construction & Materials

Year Built: 1936
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block
Stories: 3

Heating, Cooling & Utilities

Heating: Steam, Natural Gas, Individual
Cooling: Window Unit(s), Individual, Wall Unit(s)
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Enclosed
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Corner Lot, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
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
B-
Linden School
0.4 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
A
Mystic Valley Regional Charter School
0.8 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
1.2 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-
Forestdale School
1.5 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
1.7 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
2.0 mi
Grades PK-08
B-
Beebe School
2.6 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
1.8 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
Malden Catholic High School
1.0 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
C+
Malden High School
1.9 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
Learn about these ratings

Monthly Payment Calculator

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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $763
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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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

Linden

354 Lynn St, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Maureen Schlegel
Listing Office Century 21 North East
Office Phone 781-395-2121
Agent MLS ID B8001282
Office MLS ID AN7856
Listing Data Updated Jul 29, 2026 9:23 AM 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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