The seller has started waking up this beauty, and the next owner can finish. This 2-family home is perfect for owner-occupied or an investor. Unit #1 consists of 5 rooms, 2 bedrooms, and one bathroom with soaring 9-foot ceilings with some historic detail intact. Unit #2 spans 2 floors and consists of 8 rooms, 3 bedrooms, and one bathroom. There are laundry hookups for each unit. The location is A+; you can walk to Malden MBTA, bus stops, parks, schools, and the vibrant downtown Malden Center, which features shops and restaurants. You have easy access to Boston and Wellington station.
Sale Statistics
Sale Overview
Original List Price:$750,000
Final Sale Price:$852,500
Difference:
+$102,500 (+13.7%)
Performance Metrics
113.7%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$285
Sale $/sq ft:$324
This property sold for $324 per square foot
Sale Summary
This property sold for 13.7% above the original asking price, indicating strong buyer demand.
With only 5 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
2,632 sq ft
Total Rooms
13
Stories
3
Levels
3
Interior Features
Flooring
Vinyl, Carpet, Hardwood
Heating
Oil, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator, Washer, Dryer
Interior Features
Ceiling Fan(s), Living Room, Dining Room, Kitchen, Family Room, Laundry Room
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full
Exterior & Structure
Construction Materials
Frame
Roof
Other
Foundation
Stone
Foundation Area
0 sq ft
Patio/Porch Features
Enclosed
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.07 acres
Lot Size
2,866 sq ft
Lot Size Area
0.0700
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street
Utilities & Systems
Utilities Available
for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,739
Tax Year
2023
Tax Assessed Value
$634,900
Parcel Number
M:074 B:262 L:211,595530
Zoning
ResA
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
One room on third floor is unheated. The roof is end of life, permit from 1997. Electrical upgrade in 1991 per attached permit.
Location
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Neighborhood
57-59 Spring St, Malden MA 02148
Malden, MA 02148
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$645
Homeowners Insurance$200
PMI$0
Property History
Market Insights
12%
Price Range
6
Total Days on Market
Property Timeline
✓
Sold
Nov 30, 2023
$852,500
Property sold
Days on Market: 6
🏠
Listed for Sale
Oct 26, 2023
$750,000
Original listing
Agent: The Mary Scimemi TeamOffice: Leading Edge Real Estate
