403-405 Ferry St, Malden MA 02148

Malden, MA 02148
$1,279,000
Est. $7,566/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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9
Beds
3
Baths
4,726
Sq Ft
$271
Price/Sq Ft
0.15
Acres
1900
Year Built
5
Parking
6 hours 53 minutes
Time on Market
For Sale Listed Sep 8, 2026 • MLS# 73573631 Copied! • Updated Sep 8, 2026

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About this home

Exceptional 3-family investment opportunity in a desirable Malden neighborhood, offering 4,726 sq. ft. of total living area plus an unfinished fourth-floor grandfathered in-law space with an 800-to-1,000 sq. ft. open-plan layout. Each of the three primary units features 1,445 sq. ft. comprising three bedrooms, a large eat-in kitchen, family and dining rooms, a full bathroom, and storage. The 1st-floor unit features an open layout with sliding glass doors opening to a deck and backyard, while the 2nd and 3rd floors have been updated with new flooring, modern kitchens, and refreshed bathrooms. Well-maintained mechanical systems include brand-new oil heating systems and tanks, separately metered utilities, and a full walk-out basement with separate laundry hookups. Complete with 5 to 6 off-street parking spaces, the property is ideally located just one block from Ferry Way Elementary School, 0.9 miles from the Orange Line subway and Town Center, right along an MBTA bus route, with quick access to I-93 and I-95.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 9, 2026
$1,279,000
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
Stories 3
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
Lead Paint Certified Treated
Seller Disclosures Currently, The First And Third Units Are On Tenancy At Will Leases, Leaving The Second Floor Vacant For An Owner-occupant Or New Tenant, Generating An Annual Rental Income Of Approximately $91, 200.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Documents None
County Middlesex
Total market time (incl. prior listings) 44 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

Floor Layout

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

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Loan Amount
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Total Interest
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Over life of loan
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Including down payment
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Down: $0
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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
Total interest paid $0

Rate Impact

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Current Rate
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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 Sep 8, 2026 8:34 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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Steve Novak Real Estate
Steve Novak Real Estate
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