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548 Salem St, Malden MA 02148

Malden, MA 02148 • Maplewood
$699,000
Est. $4,421/month
6
Beds
2
Baths
2,883
Sq Ft
$242
Price/Sq Ft
0.23
Acres
1880
Year Built
19
Days on Market
Pending Listed Jun 2, 2026 • MLS# 73528252 Copied! • Updated Jul 12, 2026

About this home

"AS-IS" 2-family property in Malden in Maplewood neighborhood and minutes from downtown Malden Center. Property right across from Salemwood School and bus stop. Property needs work. This is "as-is" sale with a lot of upside. Two units, up and down, both with 3 bedrooms and 1 bath, living room, kitchen and balcony. Roof is said to be 10 years old, gas boilers for each unit, and separate hot water tanks. Two electrical panels, one for each apartment. No parking, only street parking without permit in Malden. Property will be delivered vacant. Washer and dryer hookups in each apartment. Property can be ideal for an investor or someone who wants to live in Malden and have rental income. First showings at the open house on Saturday 11am to 3pm.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jun 10, 2026
Active → Active Under Contract
Pending Sale
Jun 9, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Jun 2, 2026
$699,000
Original listing
Office: Coldwell Banker Realty - Boston

Tax History

Year Taxes Assessment
2025 $8,241 $728,000

Financial Details

Annual Property Tax
$8,241
Tax Year 2025
Assessed Value
$728,000

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1880
Living Area 2,883 sq ft
Lot Size 0.23 acres
Bedrooms 6
Full Baths 2
Total Rooms 11

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating Hot Water, Natural Gas
Cooling None
Flooring None
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Dirt Floor, Unfinished
Laundry Washer & Dryer Hookup, Washer Hookup
Features Kitchen, Family Room, Laundry Room, Living Rm/dining Rm Combo
Construction Frame
Architecture None
Roof Shingle
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $8,241
Assessed Value $728,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Buyer To Verify All Information And Due Diligence. Seller Makes No Warrant Representation. Approximate Ages Not From Owner But Property Manager. Roof - 10 Years Old. Unit 1: Boiler 8 Years Old. Unit 2: Boiler 20 Years Old, Hw Tank 4 Years Old. Wd Hookups In Unit 1 & Unit 2.
Exclusions W&D In Unit 2 Not Included In Sale
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1880
Bedrooms
6
Full Bathrooms
2
Living Area
2,883 sq ft
Total Rooms
11
Stories
2
Levels
2

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:
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Kitchen, Family Room, Laundry Room, Living RM/Dining RM Combo
Windows:
Basement: Dirt Floor, Unfinished
Laundry: Washer & Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Steep Slope
Road Surface:

Parking & Garage

Parking Features:

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 $687
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

Maplewood

548 Salem St, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Peter Giannikopoulos
Listing Office Coldwell Banker Realty - Boston
Office Phone 617-266-4430
Agent MLS ID CN220436
Office MLS ID AN6192
Listing Data Updated Jul 12, 2026 9:22 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

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BMN Boston Real Estate

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