13 Welsh St, Malden MA 02148
Malden, MA 02148
$948,000
Est. $5,923/month
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About this home
Your search ends today! Welcome to this well-maintained multifamily home located in one of the best spots in town — just a 15-minute walk to Center T and only 5 minutes to the highway. This home features gleaming hardwood floors throughout, high ceilings, spacious and well-proportioned rooms, gas stoves, gas heating systems, walk-up attic, and plenty of windows bringing in abundant natural sunlight. The second unit offers a formal dining room and a huge family room, making it ideal for comfortable living. Great size yard, Freshly painted and move-in ready, this property is a true cash cow — perfect for investors or owner-occupants looking to live in one unit and collect rent from the other. Priced to sell and won’t last!
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Showing Instructions Updated
Aug 13, 2026
New showing requirements
Listed for Sale
Aug 6, 2026
$948,000
Original listing
Agent: Chris Yang
Office: Metropolitan Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/13/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 08/06/2026 | 🏠 Listed for Sale | $948,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $11,157 | $978,700 |
Financial Details
Annual Property Tax
$11,157
Tax Year 2026
Assessed Value
$978,700
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1910
Living Area
2,631 sq ft
Lot Size
0.11 acres
Stories
3
Bedrooms
6
Full Baths
2
Half Baths
1
Total Rooms
11
Investment Metrics
Units
2
Unit 1 Rent
$2,200/mo · N
Unit 2 Rent
$3,500/mo · N
Total Monthly Rent
$5,700/mo
Gross Income
$68,400
Net Operating Income
$68,400
Cap Rate
7.22%
Interior
Heating
None
Cooling
None
Flooring
Wood
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Interior Entry, Concrete, Unfinished
Laundry
None
Features
Pantry, Storage, Square, Bathroom With Tub, Living Room, Kitchen, Laundry Room, Dining Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Balcony, Rain Gutters
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street
Total Spaces
3
Utilities
Electric
Circuit Breakers, 100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$11,157
Assessed Value
$978,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Public Record Showed 4 Bedrooms, But It Has Always Being Uses As 6 Bedrooms. Rents Are Projected Market Rent. Residential Tax Exemption Is Not In Effect Which Can Save 30% If Primary Resident.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Blue
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
7 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
6
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,631 sq ft
Total Rooms
11
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,631 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
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:
Wood
Appliances:
Range, Refrigerator
Interior Features:
Pantry, Storage, Square, Bathroom With Tub, Living Room, Kitchen, Laundry Room, Dining Room
Windows:
Insulated Windows
Basement:
Full, Interior Entry, Concrete, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone, Brick/Mortar
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Propane Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony, Rain Gutters
Patio & Porch:
Porch
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off Street
Nearby Schools
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
Elementary Schools
8 schools
B-
Beebe School
0.3 mi
|
#196 of 352
|
Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students
Very Diverse
Diverse Student Body
Grades K-08
Cheverus Elementary School
0.9 mi
Grades PK-08
B
Ferryway School
1.3 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
D
Salemwood School
1.8 mi
|
#324 of 352
|
Score: 28.9
Dropped 70 spots from last year
-29.4 below state avg
1,033 students
Diverse
Diverse Student Body
Grades K-08
B-
Forestdale School
1.9 mi
|
#185 of 352
|
Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students
Very Diverse
Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
2.2 mi
|
#52 of 346
|
Score: 67.0
Dropped 2 spots from last year
+8.8 above state avg
1,698 students
Very Diverse
High Graduation Rate
College Ready Curriculum
Strong Athletics
Diverse Student Body
Grades K-12
B-
Linden School
2.6 mi
|
#197 of 352
|
Score: 40.7
Improved 30 spots from last year
-17.5 below state avg
813 students
Very Diverse
Rising School
Diverse Student Body
Grades K-08
Malden Early Learning Center
1.2 mi
238 students
Very Diverse
Diverse Student Body
Grades PK
High Schools
2 schools
C+
Malden High School
1.0 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
1.9 mi
19 sports
• 2,126 athletes
Strong Athletics
Grades 09-12
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Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
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
$930
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
13 Welsh St, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Chris Yang
Listing Office
Metropolitan Realty
Office Phone
781-414-9550
Agent MLS ID
BB922398
Office MLS ID
AN3330
Listing Data Updated
Aug 13, 2026 2:40 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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