78-80 Suffolk St, Malden MA 02148

Malden, MA 02148 • Faulkner
$960,000
Est. $5,110/month
7
Beds
2
Baths
3,159
Sq Ft
$304
Price/Sq Ft
0.20
Acres
1900
Year Built
Multi Family
Type
22
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73403835

About this home

78-80 Suffolk Street offers over 3,100 square feet of living space on an oversized lot in Malden's Faulkner neighborhood. This fully rented two-family features a 3 bed, 1 bath unit on the first floor and a 4 bed, 1 bath unit on the second. Each unit includes its own laundry room with washer and dryer, plus separate gas utilities. Outside, the property features a wide driveway, a two-car garage, and an expansive lot — an uncommon find in this part of Malden. Located near the Forestdale neighborhood, with easy access to Oak Grove Station, Route 1, 60, 99, and local shopping and dining, minutes to the casino. This home is an ideal investment property. Whether you’re looking to generate steady income or make improvements, this is a solid value-add opportunity with strong long-term potential.

Sale Statistics

Sale Overview
Original List Price: $950,000
Final Sale Price: $960,000
Difference: +$10,000 (+1.1%)
Performance Metrics
101.1%
List to Sale Ratio
Sold above asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $301
Sale $/sq ft: $304
This property sold for $304 per square foot
Sale Summary

This property sold for 1.1% above the original asking price, indicating strong buyer demand.

With only 22 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
7
Full Bathrooms
2
Living Area
3,159 sq ft
Total Rooms
12
Stories
2
Levels
2

Interior Features

Has Fireplace
No
Basement Details
Full

Exterior & Structure

Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.20 acres
Lot Size
8,699 sq ft
Lot Size Area
0.2000
Lot Features
Level

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
6
Parking Features
Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Highway Access, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,195
Tax Year
2025
Tax Assessed Value
$812,300
Parcel Number
M:100 B:446 L:606,598250
Zoning
ResA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

Faulkner

78-80 Suffolk 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 $766
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1%
Price Range
23
Total Days on Market

Property Timeline

Sold
Aug 29, 2025
$960,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Jul 14, 2025
$950,000
Original listing
Agent: John Gambone Office: Leverage Real Estate, LLC

Price & Status History

Date Event Price Change
Jul 14, 2025 New Listing Added $950,000

Market Statistics

Days on Market
22 days
Price per Sq Ft
$304

Tax History

Year Taxes Assessment
2025 $9,195 $812,300

Financial Details

Annual Property Tax
$9,195
Tax Year 2025
Assessed Value
$812,300

Listing Information

Listing Agent John Gambone
Listing Office Leverage Real Estate, LLC
Agent MLS ID CN238507
Office MLS ID AN6070

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