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458-460 Ferry St, Malden MA 02148 – 6 bed 5 bath For Sale – 73346375

$ 1,025,000
458-460 Ferry St, Malden MA 02148,

Overview

  • Updated On:
  • April 14, 2025
  • listingid
  • 73346375
  • 6 Bedrooms
  • 4.5 Bathrooms
  • 0 Garage Spaces
  • 0 Non-Garage Parking Spaces
  • 1938

Description

Prime mixed-use investment opportunity in the heart of Malden! This rare income-generating property features 4 residential units and 1 commercial space, currently operating as a hair salon. The residential units have been updated with modern kitchens, refreshed bathrooms, floorings and fresh paint. Enjoy low-maintenance vinyl siding and a ample sized yard. Conveniently located near shopping centers, supermarkets, schools, public transportation, and major highways, with easy access to Encore Casino. Fully occupied—advance notice required for showings. Please do not disturb the business.

This property is listed by Ngan Vien from eXp Realty

Property Listing Details

Overview

MLS Status
Price $ 1,025,000
Living Area 2,588.00 ft2
Bedrooms 6
Total Rooms 14
Listing MLS ID 73346375
Days on Market 27
Bathrooms 4.5

Unit Information

Bedrooms 6
Full Bathrooms 4
Half Bathrooms 1
Cooling Window Unit(s)
Heating Steam
Uncovered Parking 0
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Full,Unfinished
Patio And Porch Features
Parking Features
Waterview Features
Flooring

Building Information

Building Name
Units in Building 5
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame
Year Built 1938
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Unfinished
Roof

Additional Details

Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Conservation Area,Highway Access,House of Worship,Public School,T-Station
Disclosures Heat & hot water included in the residential units rent amount. Hair salon pays their own heat & other utilities. 6 Separate gas meters ready for new owners to divide heat between the units. Separate electric. Fully occupied,advance notice required for showing. Do not disturb business.
Last Updated 2025-04-13T21:50:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number M:083 B:401 L:102,596501
Original List Price 1050000
Listing Office exp realty
Tax Annual Amount 8334.91
Tax Assessed Value 736300
Tax Book Number 81854
Tax Year 2025
Year Built Details Approximate
Year Built Source Public Records
Zoning NB
Listing Agent ngan vien

Property Address

Address: 458-460 Ferry St, Malden MA 02148
City:
State/County:
Zip: 02148
Country: United States

Amenities and Features

Other Features
Has Cooling System
Has Heating System
Range
Refrigerator

Payment Calculator

$ 5,872.98
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,916.31

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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458-460 Ferry St, Malden MA 02148 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

458-460 Ferry St, Malden MA 02148 – 6 bed 5 bath For Sale – 73346375

$ 1,025,000

Status:

458-460 Ferry St, Malden MA 02148, , , 02148

Country: United States

Property Overview

MLS #: 73346375

Type: /

Action:

Year Built: 1938 (Approximate, Source: Public Records, Effective: )

Living Area: 2,588.00 ft2 (Total: 2588 Square Feet, Source: Public Records)

Lot Size: 0.07 ft2 (Area: 0.07 Acres, SqFt: 3040)

Total Rooms: 14

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 6 (Main Level: )

Bathrooms: Total: 4.5 (Full: 4, Half: 1, Decimal: 4.5, Main Level: )

Basement: Full,Unfinished

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Stone,Brick/Mortar (Area: )

Roof:

Stories: 9 (9)

Common Walls:

Body Type:

Utilities & Green Features

Heating: Steam

Cooling: Window Unit(s)

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: (Expense: 240)

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 0

Parking Features:

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Level

View: (, Waterview Y/N: No)

Waterfront:

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Conservation Area,Highway Access,House of Worship,Public School,T-Station

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: NB ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Prime mixed-use investment opportunity in the heart of Malden! This rare income-generating property features 4 residential units and 1 commercial space, currently operating as a hair salon. The residential units have been updated with modern kitchens, refreshed bathrooms, floorings and fresh paint. Enjoy low-maintenance vinyl siding and a ample sized yard. Conveniently located near shopping centers, supermarkets, schools, public transportation, and major highways, with easy access to Encore Casino. Fully occupied—advance notice required for showings. Please do not disturb the business.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 5

Units Owner Occupied:

Unit 1: Beds: 0, Full Baths: 0, Half Baths: 1, Levels: 1, Rent: 1400, Lease: Y

Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2000, Lease: N

Unit 3: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1550, Lease: N

Unit 4: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1700, Lease: N

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 8334.91 (Year: 2025)

Tax Assessed Value: 736300

Tax Block/Lot/Book/Map: / / 81854 /

Parcel Number: M:083 B:401 L:102,596501

Special Licenses:

Current Financing:

Gross Income: 96600 (Scheduled: )

Net Operating Income: 83960

Operating Expense: 12640 (Water/Sewer: 4200, Insurance: 5200)

Financial Data Source: Owner

APOD Available: No

Tenant Pays:

Rent Includes: Unit 1(Water,Other (See Remarks)),Unit 2(Heat,Water,Hot Water),Unit 3(Heat,Water,Hot Water),Unit 4(Heat,Water,Hot Water)

Total Actual Rent: 8050

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Ngan Vien (MLS ID: CN240200) / Team:

Listing Office: eXp Realty (MLS ID: AC0342)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-03-17

Expiration Date: 1900-01-01

Original List Price: 1050000

Price Per SqFt (List): 396.06

Market Time (Property): 27 (Broker: 27, Prev Broker: 0, Prev Property: 0)

MLS Status: Price Changed

Possession:

Directions: Use GPS

Disclosures: Heat & hot water included in the residential units rent amount. Hair salon pays their own heat & other utilities. 6 Separate gas meters ready for new owners to divide heat between the units. Separate electric. Fully occupied,advance notice required for showing. Do not disturb business., N

Lead Paint: Unknown

Title 5:

Exclusions: Tenants' Personal Belongings.

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 508)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2023180

Modification Timestamp: 2025-04-13T21:50:00.000Z

Bridge Modification Timestamp: 2025-04-13T21:51:16.388Z

Original Entry Timestamp: 2025-03-17T18:43:00.000Z

Status Change Timestamp: 2025-04-13T21:50:00.000Z

Off Market Date:

Development Status:

Business Type:

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