36-38 Hancock Stret, Malden MA 02148

Malden, MA 02148
$999,999
$959,999
Est. $5,949/month
6
Beds
3
Baths
2,824
Sq Ft
$340
Price/Sq Ft
0.14
Acres
1905
Year Built
8
Parking
42
Days on Market
Sale Pending Price Drop -$40,000 Listed Jun 25, 2026 • MLS# 73541463 Copied! • Updated Aug 11, 2026

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About this home

Welcome to 36–38 Hancock Street in Malden, Massachusetts! This spacious multi-family home offers 2,824 square feet of flexible living space and is a fantastic opportunity for both homeowners and investors. Whether you’re looking to live in one unit and rent the other, create a comfortable generational living arrangement, or expand your investment portfolio, this property delivers versatility and long-term value. The first unit features 2 bedrooms, while the second unit spans 2 levels with 4 bedrooms, offering an ideal layout for larger households or strong rental income potential. In total, the home includes 6 generously sized bedrooms and 3 full bathrooms across three floors. Situated on a 5,959-square-foot lot, the property provides ample outdoor space and the rare convenience of 8+ off-street parking spaces. A must-see to truly appreciate the space, flexibility, and opportunity this unique property offers.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
4%
Price Range

Property Timeline

📋
Status: Active under contract
Aug 1, 2026
Active → Active Under Contract
Pending Sale
Jul 28, 2026
Offer accepted, sale pending
Price Reduced
Jul 19, 2026
$959,999 $40,000 (-4%)
From $999,999 to $959,999 (-4.0%)
🏠
Listed for Sale
Jun 25, 2026
$999,999
Original listing
Agent: Ana M Picanco Linnehan Office: eXp Realty LLC - Corporate Office

Tax History

Year Taxes Assessment
2025 $10,741 $1,021,500

Financial Details

Annual Property Tax
$10,741
Tax Year 2025
Assessed Value
$1,021,500

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1905
Living Area 2,824 sq ft
Lot Size 0.14 acres
Stories 3
Bedrooms 6
Full Baths 3
Total Rooms 13

Investment Metrics

Units 2
Unit 1 Rent $2,000/mo · N
Unit 2 Rent $4,100/mo · N
Total Monthly Rent $6,100/mo
Gross Income $73,200
Net Operating Income $27,167
Operating Expenses $46,033
Cap Rate 2.83%
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Flooring Wood, Tile, Vinyl
Appliances Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Full
Laundry Electric Dryer Hookup, Washer Hookup
Features Living Room, Kitchen, Laundry Room
Construction Frame
Architecture None
Roof None
Features Rain Gutters
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck, Deck - Wood
Features Paved Drive, Off Street
Total Spaces 8
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $10,741
Assessed Value $1,021,500
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated
Seller Disclosures Letter Of Full Deleading Compliance For 2nd And 3rd Floors
Possession None
Accepted Financing Seller W/participate
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures 3rd level is part of 2nd floor living space
Documents None
County Middlesex
Total market time (incl. prior listings) 47 days

Property Overview

Property Type
Multi Family
Listing Type
Sale Pending
Year Built
1905
Bedrooms
6
Full Bathrooms
3
Living Area
2,824 sq ft
Total Rooms
13
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile, Vinyl
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features: Living Room, Kitchen, Laundry Room
Windows: Insulated Windows
Basement: Full
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1905
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 2
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Deck, Deck - Wood
Fencing: Fenced
Other Structures:
Lot Features: Easements
Road Surface:

Parking & Garage

Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street
School District
Malden School District local
B-
School Safety 2024-25
1.6% Average
1.5% Suspensions 1.0% In-School 0.1% Emergency
3.9% below state avg
E

Elementary Schools

3 schools
B
Ferryway School
0.2 mi | #166 of 352 | Score: 43.0
Improved 23 spots from last year
-15.2 below state avg
920 students Very Diverse
Rising School Diverse Student Body
Grades K-08
C-
Madeline English School
0.5 mi | #313 of 352 | Score: 30.5
Improved 28 spots from last year
-27.8 below state avg
760 students Moderate
Rising School
Grades K-08
Cheverus Elementary School
0.6 mi
Grades PK-08
M

Middle Schools

3 schools
B-
John J. McGlynn Middle School
1.4 mi | #206 of 352 | Score: 40.2
Improved 30 spots from last year
-18.1 below state avg
464 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Madeleine Dugger Andrews Middle School
1.9 mi | #128 of 352 | Score: 46.6
Improved 32 spots from last year
-11.6 below state avg
435 students Diverse
Rising School
Grades 06-08
C-
Joseph A. Browne School
2.1 mi | #290 of 352 | Score: 32.4
Improved 56 spots from last year
-25.8 below state avg
487 students Less Diverse
Rising School
Grades 05-08
H

High Schools

3 schools
C+
Malden High School
0.6 mi | #226 of 346 | Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students Very Diverse
14 sports • 856 athletes
Early College Program Rising School Diverse Student Body
Grades 09-12
C+
Everett High School
1.0 mi | #233 of 346 | Score: 48.1
Improved 42 spots from last year
-10.1 below state avg
2,307 students Diverse
17 sports • 1,298 athletes
Rising School Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Malden Catholic High School
1.0 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $895
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Total principal paid $0
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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

36-38 Hancock Stret, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Ana M Picanco Linnehan
Listing Office eXp Realty LLC - Corporate Office
Office Phone 888-854-7493
Agent MLS ID CN209551
Office MLS ID AC0342
Listing Data Updated Aug 11, 2026 11:55 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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