51 Mount Vernon Street, Malden MA 02148

Malden, MA 02148
$939,900
Est. $5,776/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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8
Beds
3
Baths
3,213
Sq Ft
$293
Price/Sq Ft
0.09
Acres
1906
Year Built
New today
Time on Market
For Sale Open House Listed Nov 11, 2026 • MLS# 73600893 Copied! • Updated Nov 11, 2026

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Open House Schedule

15
Nov
Sunday, November 15
11:00 AM - 1:00 PM EST

About this home

VICTORIAN THREE FAMILY! This beauty is on the market for the first time in 80+ years! Spacious rooms, tall ceilings, a stained glass window, turret, & a wide staircase are a few of the beautiful old world charm features of this home. The first and third unit consists of 6 rooms with 3 beds/1 bath, a living room, dining room & kitchen. The second unit has 5 rooms with 2 beds/1 bath, a living room, dining room & kitchen. Units 1 & 3 have oil heat & unit 2 has gas heat. Units 2 & 3 have in-unit laundry & unit 1 has laundry in the basement. There are 3 new hot water heaters! Unit 3 has a lease until March 1st & units 1& 2 can be delivered vacant. This home is in need of some work & updates and will be SOLD AS IS! Close to the bus stop, Malden Train Station, Waitt's Mount, Oak Grove Train Station, Malden High School, The Early Learning Center, The Northern Strand Bike Trail, & the vibrant downtown Malden Center. This is a great pick up for an owner occupant or an investor! Open house, Sunday 11/15 11-1:00 pm.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 11, 2026
$939,900
Original listing
Agent: Kristin Gennetti Office: Century 21 North East

Tax History

Year Taxes Assessment
2026 $9,882 $866,800

Financial Details

Annual Property Tax
$9,882
Tax Year 2026
Assessed Value
$866,800

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1906
Living Area 3,213 sq ft
Lot Size 0.09 acres
Stories 3
Bedrooms 8
Full Baths 3
Total Rooms 17

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent $1,000/mo · N
Unit 3 Rent $2,150/mo · Y
Total Monthly Rent $3,150/mo
Gross Income $37,800
Net Operating Income $37,800
Cap Rate 4.02%
Heating Oil, Steam, Natural Gas
Cooling None
Flooring Tile, Varies, Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Unfinished
Laundry None
Features Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive
Electric Fuses, Circuit Breakers, Varies Per Unit
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,882
Assessed Value $866,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Right Of Way. See Attached.sellers Have Parked In Driveway For Decades/agents Do Due Diligence. Roof Older/ Exterior Needs Painting/work/ Property Sold As Is. Water Line Is Lead. Buyer Responsible For Changes. Unit #3 Lease Ends 3/1/27. Units 1 & 2 Can Be Delivered Vacant. Unit 2 Below Market/family
Exclusions Personal Property/Appliances Delivered In As Is Condition/Washers Not Connected Unsure If Working.
Possession None
Accepted Financing None
Structure Type []
House Color Lt Green
Sq Ft Source Other
Sq Ft Disclosures measurements, floor plans & square footage provided by photographer and may be estimates.
Documents None
County Middlesex

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1906
Bedrooms
8
Full Bathrooms
3
Living Area
3,213 sq ft
Total Rooms
17
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Varies, Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1906
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Utilities & Systems

Heating: Oil, Steam, Natural Gas
Heating Zones: 3
Cooling: None
Hot Water: Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Easements
Road Surface:

Parking & Garage

Parking Features: Paved Drive
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
Cheverus Elementary School
0.4 mi
Grades PK-08
C-
Salemwood School
0.6 mi | #286 of 352 | Score: 32.9
Dropped 32 spots from last year
-25.3 below state avg
925 students Very Diverse
Diverse Student Body
Grades K-08
B
Ferryway School
0.7 mi | #167 of 352 | Score: 43.0
Improved 22 spots from last year
-15.2 below state avg
923 students Very Diverse
Rising School Diverse Student Body
Grades K-08
B
Forestdale School
0.8 mi | #178 of 352 | Score: 42.1
Dropped 5 spots from last year
-16.1 below state avg
496 students Very Diverse
Diverse Student Body
Grades K-08
B-
Beebe School
0.9 mi | #191 of 352 | Score: 41.2
Dropped 45 spots from last year
-17 below state avg
919 students Very Diverse
Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
1.0 mi | #51 of 346 | Score: 67.4
Dropped 1 spots from last year
+9.2 above state avg
1,773 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
B-
Linden School
1.4 mi | #195 of 352 | Score: 40.9
Improved 32 spots from last year
-17.3 below state avg
805 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Malden Early Learning Center
< 0.1 mi
212 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.3 mi | #225 of 346 | Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students Very Diverse
14 sports • 856 athletes
Strong AP Program Early College Program Rising School Diverse Student Body
Grades 09-12
Malden Catholic High School
0.9 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $824
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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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
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Location

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Neighborhood

51 Mount Vernon Street, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Kristin Gennetti
Listing Office Century 21 North East
Office Phone 781-730-3977
Agent MLS ID H8000364
Office MLS ID AN5111
Listing Data Updated Nov 11, 2026 5:44 AM EST
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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