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60 Madison Street, Malden MA 02148

Malden, MA 02148
$989,000
Est. $6,037/month
5
Beds
4
Baths
2,247
Sq Ft
$440
Price/Sq Ft
0.11
Acres
1900
Year Built
8 hours 46 minutes
Time on Market
Active Open House Listed May 5, 2026 • MLS# 73512508 Copied!

About this home

Opportunity to own a well-located 3-family property near Malden Center, offering excellent access to public transportation (just 0.6 miles to the Malden T), as well as nearby shopping and dining. The first-floor unit features an eat-in kitchen with updated cabinets and laundry hookups, along with spacious rooms and vinyl and laminate flooring throughout. The second-floor unit offers an eat-in kitchen, generous living space, and an in-unit washer and dryer. The third-floor unit includes an updated kitchen and hardwood flooring throughout, plus private laundry in the basement. Additional highlights include a large rear patio, driveway parking for two cars, and a semi-finished basement with an additional bathroom. Recent improvements include updated heating systems for all units, a newer roof, enhanced front-of-the-house masonry and side steps. Ideal for investors or owner-occupants looking to live in one unit while generating rental income from the others. 1st FL vacant,

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
4
Living Area
2,247 sq ft
Total Rooms
11
Stories
3
Levels
3

Open House Schedule

08
May
Friday, May 8
5:00 PM - 6:30 PM EDT
09
May
Saturday, May 9
12:00 PM - 2:00 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,247 sq ft
Lot Size 0.11 acres
Bedrooms 5
Full Baths 4
Total Rooms 11

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Hardwood
Appliances Range, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Partially Finished
Laundry Washer & Dryer Hookup
Features Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Living Room, Kitchen

Exterior

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

Parking

Features Paved
Total Spaces 2

Utilities

Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other Varies Per Unit

Financial

Annual Tax $10,033
Assessed Value $886,300

Interior Features

Flooring: Hardwood
Appliances: Range, Microwave, Refrigerator, Washer, Dryer
Interior Features: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Living Room, Kitchen
Windows:
Basement: Partially Finished
Laundry: Washer & Dryer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Deck
Fencing:
Other Structures:
Lot Features: Sloped
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved

Location

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Neighborhood

60 Madison Street, 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
Ferryway School
0.5 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
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
D
Salemwood School
1.1 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
A
Mystic Valley Regional Charter School
1.5 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
2.0 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
0.7 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.4 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
1.2 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 $836
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

22.1%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
May 5, 2026
$989,000
Original listing
Agent: Anna Mean Office: AC Realty
Previous Transaction - MLS #72334347
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 29, 2018
$770,000
MLS #72334347

Price & Status History

Date Event Price Change
May 5, 2026 New Listing Added $989,000
Aug 29, 2018 Sold $770,000

Market Statistics

Time on Market
8 hours 46 minutes
Price per Sq Ft
$440

Tax History

Year Taxes Assessment
2025 $10,033 $886,300

Financial Details

Annual Property Tax
$10,033
Tax Year 2025
Assessed Value
$886,300

Listing Information

Listing Agent Anna Mean
Listing Office AC Realty
Agent MLS ID CT006429
Office MLS ID AN1647
Listing Data Updated May 5, 2026 5:13 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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