40 Clark St Malden, MA 02148
Listing Courtesy of: MLS PIN / Commonwealth Properties Residential, LLC / Prescott White

  40 Clark St Malden, MA 02148

Pending (57 Days)
$900,000 (USD)
4
BED
4
BATH
2,523
SQFT

Description

Excellent opportunity to own a well-maintained multifamily in a prime Malden location. Unit 1 is a garden level TAW-leased 1B/1BA with low ceilings. Unit 2 is an updated 1B/1BA second floor unit with private deck (tenant vacating 3/31). Unit 3 is a townhouse style vacant 2B/2BA unit ideal for an owner-occupant or to lease at market rent, offering immediate income with strong upside potential. Features include updated countertops and cabinets, wood flooring, laundry hook-ups in two units, balcony, deck and yard. A new roof was installed in 2018. All units separately metered and tenants pay their own utilities. Nestled in a quiet neighborhood with on-street parking (no driveway). Conveniently located near bus routes, restaurants and shops, and about 1 mile to Malden Center and Oak Grove T stops - key drivers of demand in Malden’s strong rental market. This is a solid opportunity for investors seeking a stabilized asset or owner-occupants looking to offset expenses with rental income.

MLS #:
73468369
Taxes
$7,822(2025)
Lot Size
2,152 SQFT
Type
Multifamily
Year Built
1900
County
Middlesex County

Listed By

Prescott White, Commonwealth Properties Residential, LLC
Source
MLS PIN
Last checked Apr 3 2026 at 6:34 PM GMT+0000
Bathroom Details
Interior Features
  • Range
  • Refrigerator
  • Pantry
  • Storage
  • Dishwasher
  • Microwave
  • Bathroom With Shower Stall
  • Bathroom With Tub & Shower
  • Laundry: Washer Hookup
  • Washer/Dryer
  • Walk-In Closet(s)
  • Living Room
  • Kitchen
  • Laundry: Dryer Hookup
Lot Information
  • Cleared
Property Features
  • Fireplace: 0
  • Foundation: Stone
Heating and Cooling
  • Electric
  • Natural Gas
Basement Information
  • Finished
  • Walk-Out Access
Flooring
  • Wood
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Stories
  • 4
Living Area
  • 2,523 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Mar 11, 2026
Price Changed
$900,000
-5%
-$49,900
Jan 14, 2026
Listed
$949,900
-
-
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