697-705 Salem Street, Malden MA 02148
Malden, MA 02148
$1,799,000
$1,299,900
Est. $6,773/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.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
About this home
RARE OPPORTUNITY IN MAPLEWOOD SQUARE! ATTENTION INVESTORS AND DEVELOPERS! exceptional opportunity to own a four-unit commercial building along with a two-family home on one lot. The Salem Street commercial building is positioned on a high-traffic, high-visibility corridor, offering excellent exposure and strong rental potential. Ideal for investors seeking attractive income opportunities in a prime location. The two-family home requires major TLC but presents tremendous upside for value-add investors. With improvements, this property offers substantial income and appreciation potential. Multiple possibilities for redevelopment, rental income, or long-term hold in one of the area’s most sought-after neighborhoods. Group showings only.
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Recently Sold Nearby
Property History
Market Insights
4
Price Changes
27.7%
Price Range
Property Timeline
Status: Active under contract
Aug 25, 2026
Active → Active Under Contract
Pending Sale
Aug 25, 2026
Offer accepted, sale pending
Price Reduced
Jul 15, 2026
$1,299,900
$99,100
(-7.08%)
From $1,399,000 to $1,299,900 (-7.1%)
Price Reduced
Jun 15, 2026
$1,399,000
$100,900
(-6.73%)
From $1,499,900 to $1,399,000 (-6.7%)
Price Reduced
May 16, 2026
$1,499,900
$100,000
(-6.25%)
From $1,599,900 to $1,499,900 (-6.2%)
Back On Market
May 12, 2026
Active
Status: Active under contract
Apr 25, 2026
Active → Active Under Contract
Pending Sale
Apr 25, 2026
Offer accepted, sale pending
Back On Market
Apr 20, 2026
Active
Status: Active under contract
Mar 12, 2026
Active → Active Under Contract
Pending Sale
Mar 12, 2026
Offer accepted, sale pending
Price Reduced
Mar 9, 2026
$1,599,900
$199,100
(-11.07%)
From $1,799,000 to $1,599,900 (-11.1%)
Listed for Sale
Feb 17, 2026
$1,799,000
Original listing
Agent: Dave DiGregorio
Office: Coldwell Banker Realty - Waltham
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/25/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 08/25/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/15/2026 | ↓ Price Reduced | $1,299,900 | $99,100 | - | From $1,399,000 to $1,299,900 (-7.1%) |
| 06/15/2026 | ↓ Price Reduced | $1,399,000 | $100,900 | - | From $1,499,900 to $1,399,000 (-6.7%) |
| 05/16/2026 | ↓ Price Reduced | $1,499,900 | $100,000 | - | From $1,599,900 to $1,499,900 (-6.2%) |
| 05/12/2026 | • Back On Market | - | - | - | Active |
| 04/25/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 04/25/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 04/20/2026 | • Back On Market | - | - | - | Active |
| 03/12/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 03/12/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 03/09/2026 | ↓ Price Reduced | $1,599,900 | $199,100 | - | From $1,799,000 to $1,599,900 (-11.1%) |
| 02/17/2026 | 🏠 Listed for Sale | $1,799,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $0 | — |
Financial Details
Annual Property Tax
$0
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1900
Living Area
7,000 sq ft
Lot Size
0.21 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Tar/gravel
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer
Financial
Annual Tax
0.00
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Property Has Two Buildings One One Lot. 697-705 Salem Street And 13 Myrtle Street. Salem Street Is A 4 Unit Commerical Building And Myrtle Street Is A Two Family Home.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Middlesex
Property Overview
Listing Type
Sale Pending
Year Built
1900
Living Area
7,000 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Tar/Gravel
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
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
$0
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
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
697-705 Salem Street, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Dave DiGregorio
Listing Office
Coldwell Banker Realty - Waltham
Office Phone
781-893-0808
Agent MLS ID
BB981965
Office MLS ID
AN6239
Listing Data Updated
Sep 1, 2026 8:13 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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