85-87 Wolcott St, Malden MA 02148

Malden, MA 02148 • Forestdale
$900,000
$850,000
Est. $5,296/month
5
Beds
2
Baths
2,818
Sq Ft
$302
Price/Sq Ft
0.08
Acres
1900
Year Built
2
Garage Spaces
102
Days on Market
For Sale Price Drop -$50,000 Listed Apr 28, 2026 • MLS# 73508477 Copied! • Updated Aug 2, 2026

About this home

Rare opportunity to own a two-family property in Malden with a two-car garage—an amenity seldom found in this market. Unit 85 features 3 bedrooms, while Unit 87 offers 2 bedrooms both with hardwood floors throughout and a functional layout, plus walk up attic, which provides strong potential for both end-users, multi-generational living and investors. Presenting an excellent opportunity for value-add improvements and long-term equity growth. Conveniently located in the desirable Forestdale neighborhood just minutes from Malden Center, Malden High School, Oak Grove, and the MBTA Orange Line, providing easy commuting to downtown Boston.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
5.6%
Price Range

Property Timeline

Price Reduced
Jul 29, 2026
$850,000 $50,000 (-5.56%)
From $900,000 to $850,000 (-5.6%)
👁️
Showing Instructions Updated
May 12, 2026
New showing requirements
🏠
Listed for Sale
Apr 28, 2026
$900,000
Original listing
Agent: Wilson Group Office: Keller Williams Realty

Tax History

Year Taxes Assessment
2025 $9,578 $846,100

Financial Details

Annual Property Tax
$9,578
Tax Year 2025
Assessed Value
$846,100

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1900
Living Area 2,818 sq ft
Lot Size 0.08 acres
Bedrooms 5
Full Baths 2
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating Steam, Natural Gas, Forced Air
Cooling None
Flooring Wood, Tile
Appliances None
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Garage Access, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 6
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,578
Assessed Value $846,100
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Seller Is Seeking A 60 Day Use And Occupancy After Closing. Access To Unit 87/2nd Level Is Limited Due To Occupancy.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 96 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
2,818 sq ft
Total Rooms
12
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features:
Windows:
Basement: Full, Walk-Out Access, Interior Entry, Garage Access, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block, Stone
Stories: 2

Heating, Cooling & Utilities

Heating: Steam, Natural Gas, Forced Air
Heating Zones: 2
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street

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 $798
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

Forestdale

85-87 Wolcott St, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Wilson Group
Listing Office Keller Williams Realty
Office Phone 617-969-9000
Agent MLS ID TM300562
Office MLS ID BB5962
Listing Data Updated Aug 2, 2026 3:10 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

Steve Novak Real Estate
Steve Novak Real Estate
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