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Patrick Cooper
REALTOR®
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203-205 Salem St, Malden, MA 02148

$1,162,000
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New to the Market Active
BEDS5 BATHS4 full SQUARE FEET4,051 MLS#73553796
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Exceptional opportunity in the heart of Malden! This well-maintained three-family property offers a versatile unit mix with strong owner-occupant and rental appeal. The two first-floor units each feature comfortable 1-bedroom layouts. The second-floor unit at 205 Salem Street offers a spacious 3-4 bedroom configuration, while the second-floor unit at 203 Salem Street includes 1 bedroom plus a home office, with exciting potential to expand into a 4-bedroom plus office by updating the third floor making this a real value-add opportunity for the keen investor, family or owner occupant. Ideally situated just minutes from Malden Center with multiple bus routes, and major commuter highways, this property provides easy access to downtown Boston and the surrounding communities. Residents will appreciate the vibrant community atmosphere and convenience of nearby shopping, dining, parks, and everyday amenities. Whether youre looking to start your real estate portfolio or add to it, this property is a smart buy for any investment minded individual, family or company.

203-205 Salem St | MLS# 73553796

This multi-family property located at 203-205 Salem St, Malden, MA 02148 is currently listed for sale with an asking price of $1,162,000. Search Malden real estate on patrickcooper.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.12 Acres
Stories: 3.0
Taxes: $9,894
Year Built: 1910

Feature Descriptions

Appliances: Range, Refrigerator, Washer/Dryer
Building Area Total: 4051
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Dwelling Type: 3 Family
Lot Features: Corner Lot
Parcel Number: 597758
Parking Total: 3
Rooms Total: 20
Sewer: Public Sewer
Units: 3
Water: Public

Listed By / Shown By

Listed By

Agency Name: Century 21 North East
Agent Name: Fermin Group
Agency Phone: 978-208-0449

Shown By

Agent Name: Patrick Cooper
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 3,749.52 per month $2,586.11 Principal & Interest $824.50 Property Tax $338.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/24/2026. The listing information on this page last changed on 07/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/24/2026 12:00:22 AM EST) or MLSPIN MLS (last updated Thu 07/23/2026 11:38:42 PM EST) or Prime MLS (last updated Thu 07/23/2026 11:33:21 PM EST) or MREIS (last updated Thu 07/23/2026 11:55:18 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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