91-95 Medford Street, Malden MA 02148

Malden, MA 02148 • Bell Rock
$2,350,000
$2,150,000
Est. $12,540/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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18
Beds
5.5
Baths
8,289
Sq Ft
$259
Price/Sq Ft
0.11
Acres
1910
Year Built
6
Parking
60
Days on Market
For Sale Price Drop -$200,000 Listed Jul 15, 2026 • MLS# 73550359 Copied! • Updated Sep 8, 2026

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About this home

Conveniently located 6-unit multi-family asset for sale in Malden with value-add potential. The property is situated on the Malden/Everett line about 1 mile distance from Malden Center. The three-story structure contains expansive square footage, consisting of five (5) residential apartments and one (1) commercial space. 18 bedrooms total. Featuring off-street parking and public transportation access, while being close in proximity to I-93, Route 1 and Routes 16/28. MBTA Orange Line and MBTA Commuter Rail rapid transit is approximately 1 mile from the location. Boston City limits are only 5 miles away. 91-95 Medford Street represents a compelling acquisition opportunity for investors seeking a significant presence within a desirable trade area.

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Recently Sold Nearby

Property History

Market Insights

3
Price Changes
8.5%
Price Range

Property Timeline

Price Reduced
Sep 4, 2026
$2,150,000 $50,000 (-2.27%)
From $2,200,000 to $2,150,000 (-2.3%)
Price Reduced
Aug 12, 2026
$2,200,000 $50,000 (-2.22%)
From $2,250,000 to $2,200,000 (-2.2%)
Price Reduced
Jul 28, 2026
$2,250,000 $100,000 (-4.26%)
From $2,350,000 to $2,250,000 (-4.3%)
🏠
Listed for Sale
Jul 15, 2026
$2,350,000
Original listing

Tax History

Year Taxes Assessment
2026 $17,623 $1,545,900

Financial Details

Annual Property Tax
$17,623
Tax Year 2026
Assessed Value
$1,545,900

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1910
Living Area 8,289 sq ft
Lot Size 0.11 acres
Stories 3
Bedrooms 18
Full Baths 5
Half Baths 1
Total Rooms 24

Investment Metrics

Units 6
Unit 1 Rent $2,450/mo · Y
Unit 2 Rent $3,500/mo · N
Total Monthly Rent $5,950/mo
Gross Income $191,400
Net Operating Income $148,087
Cap Rate 6.89%
Heating None
Cooling None
Flooring Tile, Vinyl, Varies, Laminate, Hardwood
Appliances None
Fireplace None
Basement Full, Bulkhead, Unfinished
Laundry Washer Hookup
Features None
Construction Frame
Architecture None
Roof Rubber
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Deck, Deck - Wood, Covered
Features Paved Drive, Shared Driveway, Off Street, Tandem, Paved
Total Spaces 6
Electric Common, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, Washer Hookup

Financial

Annual Tax $17,623
Assessed Value $1,545,900
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 56 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
18
Full Bathrooms
5
Half Bathrooms
1
Living Area
8,289 sq ft
Total Rooms
24
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Varies, Laminate, Hardwood
Appliances:
Interior Features:
Windows:
Basement: Full, Bulkhead, Unfinished
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 6
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Deck, Deck - Wood, Covered
Fencing:
Other Structures:
Lot Features: Corner Lot, Level
Road Frontage: 55.00 ft
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Shared Driveway, Off Street, Tandem, Paved
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
E

Elementary Schools

8 schools
B
Ferryway School
0.5 mi | #167 of 352 | Score: 43.0
Improved 22 spots from last year
-15.2 below state avg
923 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Cheverus Elementary School
0.6 mi
Grades PK-08
B-
Beebe School
0.8 mi | #191 of 352 | Score: 41.2
Dropped 45 spots from last year
-17 below state avg
919 students Very Diverse
Diverse Student Body
Grades K-08
C-
Salemwood School
1.3 mi | #286 of 352 | Score: 32.9
Dropped 32 spots from last year
-25.3 below state avg
925 students Very Diverse
Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
1.7 mi | #51 of 346 | Score: 67.4
Dropped 1 spots from last year
+9.2 above state avg
1,773 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
B
Forestdale School
1.7 mi | #178 of 352 | Score: 42.1
Dropped 5 spots from last year
-16.1 below state avg
496 students Very Diverse
Diverse Student Body
Grades K-08
B-
Linden School
2.1 mi | #195 of 352 | Score: 40.9
Improved 32 spots from last year
-17.3 below state avg
805 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Malden Early Learning Center
1.0 mi
212 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.6 mi | #225 of 346 | Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students Very Diverse
14 sports • 856 athletes
Strong AP Program Early College Program Rising School Diverse Student Body
Grades 09-12
Malden Catholic High School
1.3 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,469
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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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

Bell Rock

91-95 Medford Street, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Brendon Bernazzani
Listing Office Bernazzani Real Estate, LLC
Office Phone 857-236-4691
Agent MLS ID CN220192
Office MLS ID AN5743
Listing Data Updated Sep 8, 2026 3:05 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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Steve Novak Real Estate
Steve Novak Real Estate
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