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403-405 Ferry St, Malden MA 02148

Malden, MA 02148
$1,299,000
$1,279,000
Est. $7,566/month
9
Beds
3
Baths
4,726
Sq Ft
$271
Price/Sq Ft
0.15
Acres
1900
Year Built
5
Parking
42
Days on Market
Active Price Drop -$20,000 Open House Listed May 27, 2026 • MLS# 73524784 Copied! • Updated Jul 7, 2026

Open House Schedule

12
Jul
Sunday, July 12
11:30 AM - 12:30 PM EDT
11
Jul
Saturday, July 11
11:30 AM - 1:00 PM EDT

About this home

Sunny and charming three-family home in one of Malden’s most desirable neighborhoods. Each unit offers a spacious living room, three generous bedrooms, a full bath, and a bright kitchen with modern appliances. Enjoy a welcoming front porch and private rear deck. Unit 2 and Unit 3 has been significantly renovated and upgraded last year. Full basement provides ample storage. Four parking spaces in the rear lot, plus one optional space along the front driveway side. Approx. 10-year old roof and less than 3-year old water heaters. Conveniently located one block from Ferryway School, with easy access to Malden Center, the Orange Line, T bus routes, shops, restaurants, and area amenities. A great opportunity for owner-occupants or investors.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
1.5%
Price Range

Property Timeline

Back On Market
Jun 15, 2026
Active
Price Reduced
Jun 15, 2026
$1,279,000 $20,000 (-1.54%)
From $1,299,000 to $1,279,000 (-1.5%)
📋
Status: Active under contract
Jun 8, 2026
Active → Active Under Contract
👁️
Showing Instructions Updated
Jun 2, 2026
New showing requirements
🏠
Listed for Sale
May 27, 2026
$1,299,000
Original listing
Agent: Sino-US Realty Team Office: Keller Williams Realty

Tax History

Year Taxes Assessment
2026 $10,786 $946,200

Financial Details

Annual Property Tax
$10,786
Tax Year 2026
Assessed Value
$946,200

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 4,726 sq ft
Lot Size 0.15 acres
Bedrooms 9
Full Baths 3
Total Rooms 18

Investment Metrics

Units 3
Unit 1 Rent $2,300/mo · Y
Unit 2 Rent $2,800/mo · N
Unit 3 Rent $2,500/mo · Y
Total Monthly Rent $7,600/mo
Gross Income $91,200
Net Operating Income $91,200
Cap Rate 7.13%
Heating Oil
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Refrigerator, Freezer, Range Hood
Fireplace None
Basement Full, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck
Features Paved Drive, Off Street, Paved
Total Spaces 5
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,786
Assessed Value $946,200
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Documents None
County Middlesex
Total market time (incl. prior listings) 41 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
3
Living Area
4,726 sq ft
Total Rooms
18
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: Tile, Hardwood
Appliances: Range, Dishwasher, Refrigerator, Freezer, Range Hood
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating: Oil
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street, Paved
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
0.1 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
Lafayette School
0.4 mi | #272 of 352 | Score: 34.2
Improved 37 spots from last year
-24 below state avg
998 students Diverse
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
1.7 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
C
Susan B. Anthony Middle School
1.9 mi | #260 of 352 | Score: 35.7
Improved 6 spots from last year
-22.5 below state avg
545 students Diverse
Grades 06-08
C-
Joseph A. Browne School
2.2 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
Malden Catholic High School
0.7 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
C+
Everett High School
0.8 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
Learn about these ratings

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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $899
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
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

403-405 Ferry St, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Sino-US Realty Team
Listing Office Keller Williams Realty
Office Phone 617-969-9000
Agent MLS ID TM327688
Office MLS ID BB5962
Listing Data Updated Jul 7, 2026 3:57 PM 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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