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697-705 Salem Street, Malden MA 02148

Malden, MA 02148
$1,499,900
Est. $7,784/month
7,000
Sq Ft
$214
Price/Sq Ft
0.21
Acres
1900
Year Built
98
Days on Market
Active Price Drop -$299,100 Listed Feb 17, 2026 • MLS# 73477628 Copied!

About this home

RARE OPPORTUNITY IN MAPLEWOOD SQUARE! ATTENTION INVESTORS AND DEVELOPERS! exceptional opportunity to own a four-unit commercial building along with a two-family home on one lot. The Salem Street commercial building is positioned on a high-traffic, high-visibility corridor, offering excellent exposure and strong rental potential. Ideal for investors seeking attractive income opportunities in a prime location. The two-family home requires major TLC but presents tremendous upside for value-add investors. With improvements, this property offers substantial income and appreciation potential. Multiple possibilities for redevelopment, rental income, or long-term hold in one of the area’s most sought-after neighborhoods. Group showings only.

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Property Overview

Listing Type
Commercial Sale
Year Built
1900
Living Area
7,000 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Living Area 7,000 sq ft
Lot Size 0.21 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Tar/gravel
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax 0.00

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Tar/Gravel
Foundation:

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Parking Features:

Location

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Neighborhood

697-705 Salem Street, Malden MA 02148

Malden, MA 02148

Walkability

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Nearby Schools

School information not available for this location.

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 $0
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

2
Price Changes
16.6%
Price Range

Property Timeline

Price Reduced
May 16, 2026
$1,499,900 $100,000 (-6.25%)
From $1,599,900 to $1,499,900 (-6.2%)
Back On Market
May 12, 2026
Active
📋
Status: Active under contract
Apr 25, 2026
Active → Active Under Contract
Pending Sale
Apr 25, 2026
Offer accepted, sale pending
Back On Market
Apr 20, 2026
Active
📋
Status: Active under contract
Mar 12, 2026
Active → Active Under Contract
Pending Sale
Mar 12, 2026
Offer accepted, sale pending
Price Reduced
Mar 9, 2026
$1,599,900 $199,100 (-11.07%)
From $1,799,000 to $1,599,900 (-11.1%)
🏠
Listed for Sale
Feb 17, 2026
$1,799,000
Original listing
Agent: Dave DiGregorio Office: Coldwell Banker Realty - Waltham

Price & Status History

Date Event Price Change
May 16, 2026 Price Changed $1,499,900 -$100,000
Apr 25, 2026 Status: Active under contract $0
Mar 12, 2026 Status: Active under contract $0
Mar 9, 2026 Price Changed $1,599,900 -$199,100
Feb 17, 2026 New Listing Added $1,799,000

Market Statistics

Days on Market
98 days
Price per Sq Ft
$214
Total Price Drop
-$299,100

Tax History

Year Taxes Assessment
2026 $0

Financial Details

Annual Property Tax
$0
Tax Year 2026

Listing Information

Listing Agent Dave DiGregorio
Listing Office Coldwell Banker Realty - Waltham
Agent MLS ID BB981965
Office MLS ID AN6239
Listing Data Updated May 21, 2026 8:38 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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Market Analytics for Malden, MA

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