59-61 Presley St, Malden MA 02148
Malden, MA 02148
$950,000
Est. $5,702/month
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Open House Schedule
06
Sep
Sunday, September 6
1:00 PM - 2:00 PM EDT
05
Sep
Saturday, September 5
11:00 AM - 12:00 PM EDT
About this home
Presenting a distinguished multi-family residence at 59-61 Presley St, Malden, MA, a meticulously maintained property originally constructed in 1920. This expansive dwelling encompasses 2238 square feet of living space, offering an exceptional opportunity for discerning buyers seeking a blend of classic architecture and contemporary functionality. The property features a total of five well-proportioned bedrooms, providing ample private accommodations across its three stories. Complementing these living quarters are two full bathrooms, each designed to offer convenience and comfort for residents and guests alike. With a generous lot size of 3128 square feet, this property provides valuable outdoor space in a desirable urban setting. Hardwood floors throuout and overhead kighting in all rooms. We invite you to schedule a private viewing to fully appreciate the unique appeal and potential of this multi-family residence. Walk to public transport. Perfefct opportuniy for condo conversion or home owner with income potential. Showings begin at first open house Saturday 11-12 pm and Sunday 1-2 pm.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 31, 2026
$950,000
Original listing
Office: Mariano Smith & Co.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/31/2026 | 🏠 Listed for Sale | $950,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $8,381 | $735,200 |
Financial Details
Annual Property Tax
$8,381
Tax Year 2026
Assessed Value
$735,200
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1920
Living Area
2,238 sq ft
Lot Size
0.07 acres
Stories
3
Bedrooms
5
Full Baths
2
Total Rooms
14
Investment Metrics
Units
2
Unit 1 Rent
$9,999/mo · N
Unit 2 Rent
$9,999/mo · N
Total Monthly Rent
$19,998/mo
Gross Income
$239,976
Net Operating Income
$239,976
Cap Rate
25.26%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
Frame, Brick, Stone
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Covered
Parking
Features
Shared Driveway, Off Street
Total Spaces
1
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$8,381
Assessed Value
$735,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
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
1920
Bedrooms
5
Full Bathrooms
2
Living Area
2,238 sq ft
Total Rooms
14
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,238 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Covered
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Frame, Brick, Stone
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Oil
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
1
Parking Features:
Shared Driveway, Off Street
Nearby Schools
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
Elementary Schools
8 schools
B-
Beebe School
0.4 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
Cheverus Elementary School
1.0 mi
Grades PK-08
B
Ferryway School
1.3 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
D
Salemwood School
1.8 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
2.0 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
A
Mystic Valley Regional Charter School
2.3 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
B-
Linden School
2.7 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
Malden Early Learning Center
1.3 mi
238 students
Very Diverse
Diverse Student Body
Grades PK
High Schools
2 schools
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
Malden Catholic High School
2.0 mi
19 sports
• 2,126 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
$698
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
59-61 Presley St, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Chad Smith
Listing Office
Mariano Smith & Co.
Office Phone
617-826-6681
Agent MLS ID
BB801509
Office MLS ID
AN2652
Listing Data Updated
Aug 31, 2026 7:53 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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