18-20 Benner Ave, Malden MA 02148

Malden, MA 02148
$1,050,000
Est. $5,589/month
5
Beds
3
Baths
2,561
Sq Ft
$410
Price/Sq Ft
0.07
Acres
1900
Year Built
3 Family
Type
18
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73344994

About this home

Turnkey 3 family with current income at $6,200 per month, with the potential to market rent $6,500 per month. Cash cow! This Rare find investment on a quiet street in Malden, centrally located just minutes walking from broth Ferry St School and Malden Center. The property is close to public transportation, schools, restaurants, parks and playgrounds. This building features 2 off-street tandem parking, and route 60, 99, and other highways make this an excellent commuting option to Boston and Cambridge. Units 1 and 2 have both been recently upgraded with new kitchens and in unit laundry; Unit 3 has the flexibility with a TAW. Open house, Friday 3/14/25, 5p-6pm& Saturday 3/15/25, 11am-12:30 pm. All offers due Monday 3/17/25 @ 5pm.

Sale Statistics

Sale Overview
Original List Price: $1,099,990
Final Sale Price: $1,050,000
Difference: $49,990 (-4.5%)
Performance Metrics
95.5%
List to Sale Ratio
Sold below asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $430
Sale $/sq ft: $410
This property sold for $410 per square foot
Sale Summary

This property sold for 4.5% below the original asking price.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
5
Full Bathrooms
3
Living Area
2,561 sq ft
Total Rooms
13
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Basement Details
Unfinished

Exterior & Structure

Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.07 acres
Lot Size
2,927 sq ft
Lot Size Area
0.0700

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,126
Tax Year
2025
Tax Assessed Value
$806,200
Parcel Number
M:084 B:405 L:547,596678
Zoning
ResA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Photos are from the seller, before current tenants. Seller provided listing info. Buyer and buyer’s agent must verify all information and perform their own due diligence. Unit 1: $2, 350, rented until 5/31/2025; Unit 2: $2250 till 08/31/2025; Unit 3 is a TAW at $1, 600.

Location

Loading map...

Neighborhood

18-20 Benner Ave, Malden MA 02148

Malden, MA 02148

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $761
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.5%
Price Range
5
Total Days on Market

Property Timeline

Sold
Jun 3, 2025
$1,050,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Mar 13, 2025
$1,099,990
Original listing
Agent: May Mai Office: PWK Realty LLC

Price & Status History

Date Event Price Change
Mar 13, 2025 New Listing Added $1,099,990

Market Statistics

Days on Market
18 days
Price per Sq Ft
$410

Tax History

Year Taxes Assessment
2025 $9,126 $806,200

Financial Details

Annual Property Tax
$9,126
Tax Year 2025
Assessed Value
$806,200

Listing Information

Listing Agent May Mai
Listing Office PWK Realty LLC
Agent MLS ID CN208570
Office MLS ID AN8819

Similar Homes

18-20 Benner Ave, Malden MA 02148 - Photo 1 18-20 Benner Ave, Malden MA 02148 - Photo 2 18-20 Benner Ave, Malden MA 02148 - Photo 3 18-20 Benner Ave, Malden MA 02148 - Photo 4 18-20 Benner Ave, Malden MA 02148 - Photo 5 18-20 Benner Ave, Malden MA 02148 - Photo 6 18-20 Benner Ave, Malden MA 02148 - Photo 7 18-20 Benner Ave, Malden MA 02148 - Photo 8 18-20 Benner Ave, Malden MA 02148 - Photo 9 18-20 Benner Ave, Malden MA 02148 - Photo 10 18-20 Benner Ave, Malden MA 02148 - Photo 11 18-20 Benner Ave, Malden MA 02148 - Photo 12 18-20 Benner Ave, Malden MA 02148 - Photo 13 18-20 Benner Ave, Malden MA 02148 - Photo 14 18-20 Benner Ave, Malden MA 02148 - Photo 15 18-20 Benner Ave, Malden MA 02148 - Photo 16 18-20 Benner Ave, Malden MA 02148 - Photo 17 18-20 Benner Ave, Malden MA 02148 - Photo 18

Contact Agent

Schedule a Tour