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599 Main St, Malden MA 02148

Malden, MA 02148
$1,044,000
Est. $6,669/month
3
Beds
3.5
Baths
3,211
Sq Ft
$325
Price/Sq Ft
0.17
Acres
1890
Year Built
74
Days on Market
Closed Listed Oct 13, 2021 • MLS# 72907931 Copied!

About this home

Large multi investment property with strong rent roll. In a commercially zoned area, this three story property consists of a medical office on the first floor, a two bedroom on the second and a one bedroom on the third. Ample additional basement storage. Beautiful details throughout the property including original tiled fireplaces, hand carved bannisters, stain glass windows and original hardwood floors. Brand new brick and granite exterior staircases and updated systems. Total monthly rent is 6150 with a three year lease on the first floor, one year on the second and TAW on the third. A great investment opportunity with a strong CAP rate.

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Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1890
Bedrooms
3
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,211 sq ft
Total Rooms
15
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $1,099,000
Final Sale Price: $1,044,000
Difference: $55,000 (-5.0%)
Performance Metrics
95.0%
List to Sale Ratio
Sold below asking price
74
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $342
Sale $/sq ft: $325
This property sold for $325 per square foot
Sale Summary

This property sold for 5.0% below the original asking price.

The property spent 74 days on market before selling.

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1890
Living Area 3,211 sq ft
Lot Size 0.17 acres
Bedrooms 3
Full Baths 3
Half Baths 1
Total Rooms 15

Interior

Heating None
Cooling None
Flooring Wood, Tile, Vinyl, Carpet
Appliances None
Fireplace None
Fireplaces 7
Basement None
Laundry None
Features Office/den, Living Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Off Street, Tandem
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $14,275
Assessed Value $745,800

Interior Features

Flooring: Wood, Tile, Vinyl, Carpet
Appliances:
Interior Features: Office/Den, Living Room, Kitchen
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street, Tandem

Special Features

Fireplaces: 7
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School

Location

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Neighborhood

599 Main St, Malden MA 02148

Malden, MA 02148

Walkability

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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
E

Elementary Schools

8 schools
Cheverus Elementary School
0.3 mi
Grades PK-08
B-
Beebe School
0.6 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
B
Ferryway School
0.7 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
D
Salemwood School
0.8 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
1.0 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
1.2 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
1.7 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
0.2 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.2 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
1.1 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,190
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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.

Property History

Market Insights

99.7%
Price Range
75
Total Days on Market

Property Timeline

Current Active Listing - MLS #73490063
Full transaction history available when tracking began
🏡
Currently Listed
Mar 22, 2026
$3,500
MLS #73490063 - Active
Current Active Listing - MLS #73446398
Full transaction history available when tracking began
🏡
Currently Listed
Oct 22, 2025
$3,500
MLS #73446398 - Active
Sold
Mar 10, 2022
$1,044,000
Property sold
Days on Market: 75
🏠
Listed for Sale
Oct 13, 2021
$1,099,000
Original listing
Agent: Ramsay and Company Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Mar 26, 2026 Sold $3,500
Oct 26, 2025 Sold $3,500
Oct 13, 2021 New Listing Added $1,099,000

Market Statistics

Days on Market
74 days
Price per Sq Ft
$325

Tax History

Year Taxes Assessment
2021 $14,275 $745,800

Financial Details

Annual Property Tax
$14,275
Tax Year 2021
Assessed Value
$745,800

Listing Information

Listing Agent Ramsay and Company
Listing Office Leading Edge Real Estate
Agent MLS ID TM342006
Office MLS ID AN4647
Listing Data Updated Mar 10, 2022 3:47 PM 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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Market Analytics for Malden, MA

Real-time market trends and pricing data for this area

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