599 Main St, Malden MA 02148
Malden, MA 02148
$1,044,000
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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.
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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Price & Status History
Market Insights
99.7%
Price Range
75
Total Days on Market
Property Timeline
Current Active Listing - MLS #73599744
Full transaction history available when tracking began
Currently Listed
Nov 6, 2026
$3,400
MLS #73599744 - 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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/06/2026 | 🏡 Currently Listed | $3,400 | - | - | MLS #73599744 - Active |
| 03/10/2022 | ✓ Sold | $1,044,000 | - | - | Property sold |
| 10/13/2021 | 🏠 Listed for Sale | $1,099,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2021 | $14,275 | $745,800 |
Financial Details
Annual Property Tax
$14,275
Tax Year 2021
Assessed Value
$745,800
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
Investment Metrics
Units
3
Unit 1 Rent
$3,100/mo · Y
Unit 2 Rent
$1,850/mo · Y
Unit 3 Rent
$1,200/mo · N
Total Monthly Rent
$6,150/mo
Gross Income
$73,800
Net Operating Income
$73,800
Cap Rate
6.72%
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Property Is Lb1 Zoning And Is Taxed As Commercial.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
75 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
Sold
Year Built
1890
Bedrooms
3
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,211 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
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
Utilities & Systems
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
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
Cheverus Elementary School
0.3 mi
Grades PK-08
B-
Beebe School
0.6 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
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
C-
Salemwood School
0.8 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
Forestdale School
1.0 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
A
Mystic Valley Regional Charter School
1.2 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
1.7 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
0.2 mi
212 students
Very Diverse
Diverse Student Body
Grades PK
High Schools
2 schools
C+
Malden High School
0.2 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
1.1 mi
19 sports
• 2,126 athletes
Strong Athletics
Grades 09-12
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Location
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Neighborhood
599 Main St, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Ramsay and Company
Listing Office
Leading Edge Real Estate
Office Phone
617-502-6500
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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