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4 Beds
4 Baths
2,523 sqft

$870,000

40 Clark St, Malden MA, 02148

Price per sqft$344.83
Built in1900
Property size2,523 sqft
Property typeMulti-family

Overview

Sold

Listed Jan 14, 2026

Updated 4 days ago

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.

Additional information

MLS® ID
73468369

Interior Features

Bedrooms
4
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$7,822
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Prescott White with Commonwealth Properties Residential, LLC

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Data last updated 8:38 PM UTC, 10/12/2026

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