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154-156A Franklin Street, Malden MA 02148

Malden, MA 02148
$1,149,900
$1,099,900
Est. $6,904/month
8
Beds
3
Baths
3,472
Sq Ft
$317
Price/Sq Ft
0.13
Acres
1910
Year Built
3
Parking
22
Days on Market
Pending Price Drop -$50,000 Listed May 29, 2026 • MLS# 73526706 Copied! • Updated Jun 25, 2026

About this home

Spacious THREE FAMILY! This home offers 15 rooms with bedrooms & 3 full bathrooms sprawling over approximately 3500 square feet with a versatile floor plan, large rooms, & tall ceilings. Unit 1 consists of 5 rooms, including 3 bedrooms & 1 bathroom with laundry access in the basement. Unit offers 5 rooms, including 2 bedrooms, 1 bath, laundry area, & has been updated with an open floor plan. Unit 3 offers 5 rooms with 3 bedrooms,1 full bath & in-unit laundry. All units have back porches, separate utilities, low maintenance vinyl siding, new roof 2020, & gas heating with lots of storage space in the basement. Paved driveway w/ turn around parking with a separate grassy yard space. All units are tenants-at-will. Convenient location close to Malden MBTA, bus stop, parks, schools, & the Northern Strand Bike Trail. Minutes to Boston! This multi-family offers TREMENDOUS opportunity for strong future rental income in convenient location!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
4.3%
Price Range

Property Timeline

Pending Sale
Jun 21, 2026
Offer accepted, sale pending
Price Reduced
Jun 18, 2026
$1,099,900 $50,000 (-4.35%)
From $1,149,900 to $1,099,900 (-4.3%)
👁️
Showing Instructions Updated
Jun 10, 2026
New showing requirements
🏠
Listed for Sale
May 29, 2026
$1,149,900
Original listing
Agent: Kristin Gennetti Office: Century 21 North East

Tax History

Year Taxes Assessment
2026 $13,706 $1,167,800

Financial Details

Annual Property Tax
$13,706
Tax Year 2026
Assessed Value
$1,167,800

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1910
Living Area 3,472 sq ft
Lot Size 0.13 acres
Bedrooms 8
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent $1,700/mo · N
Unit 2 Rent $1,625/mo · N
Unit 3 Rent $1,775/mo · N
Total Monthly Rent $5,100/mo
Gross Income $61,280
Net Operating Income $61,200
Cap Rate 5.56%
Heating Forced Air, Natural Gas, Baseboard
Cooling None, Wall Unit(s)
Flooring Laminate, Hardwood
Appliances Range, Refrigerator, Dishwasher
Fireplace None
Basement Full, Unfinished
Laundry None
Features Living Room, Kitchen, Dining Room
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street
Total Spaces 3
Electric Circuit Breakers, 60 Amps/less, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $13,706
Assessed Value $1,167,800
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures All Units Are Taw And Currently Below Market Value. Taxes Do Not Include Residential Tax Exemption. Public Records Reflect 6 Bedroom. Furnaces Are Older But Maintained At Least 15 Years. There Is A Recorded Driveway Easement. Please See Attached
Exclusions Tenants Personal Property, Washer/Dryers
Possession None
Accepted Financing None
Structure Type []
House Color Light Grey
Sq Ft Source Public Record
Sq Ft Disclosures Measurements and floor plans provided by photographer and may be esimates.
Documents None
County Middlesex
Total market time (incl. prior listings) 27 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
8
Full Bathrooms
3
Living Area
3,472 sq ft
Total Rooms
15
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Laminate, Hardwood
Appliances: Range, Refrigerator, Dishwasher
Interior Features: Living Room, Kitchen, Dining Room
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Baseboard
Heating Zones: 3
Cooling: None, Wall Unit(s)
Hot Water: Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Easements
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,142
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

154-156A Franklin Street, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Kristin Gennetti
Listing Office Century 21 North East
Office Phone 781-730-3977
Agent MLS ID H8000364
Office MLS ID AN5111
Listing Data Updated Jun 25, 2026 11:48 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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