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$675,000
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Property Description
"AS-IS" 2-family property in Malden in Maplewood neighborhood and minutes from downtown Malden Center. Property right across from Salemwood School and bus stop. Property needs work. This is "as-is" sale with a lot of upside. Two units, up and down, both with 3 bedrooms and 1 bath, living room, kitchen and balcony. Roof is said to be 10 years old, gas boilers for each unit, and separate hot water tanks. Two electrical panels, one for each apartment. No parking, only street parking without permit in Malden. Property will be delivered vacant. Washer and dryer hookups in each apartment. Property can be ideal for an investor or someone who wants to live in Malden and have rental income. First showings at the open house on Saturday 11am to 3pm.
Full Property Details
Full Property Details for 548 Salem St
General
- Sold For: $675,000
- Taxes: $8,241 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MLSPin
- MLS ID: 73528252
- Added to Site: 61 day(s) ago
Rental Information
- Rent Includes: Unit 1(Water), Unit 2(Water)
Interior
- Number of Rooms: 11
- Interior Features: Kitchen, Family Room, Laundry Room, Living RM/Dining RM Combo
- Appliances: Range, Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Washer & Dryer Hookup, Washer Hookup
Exterior
- Exterior Features: Balcony
Location
- Area: Maplewood
- County: Middlesex
- Driving Directions: USE GPS
Heating & Cooling
- Heating Type: Hot Water, Natural Gas
- Heating Fuel: Hot Water, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Connection for Gas Range, Washer Hookup
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Dirt Floor, Unfinished
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 2,883
- Sq. Ft. Source: Public Records
- Living Area: 2,883 Sq. Ft.
- Year Built: 1880
Lot Features
- Lot Size (Acres): 0.23
- Lot Dimensions: .23
- Frontage: Public
- Lot Features: Steep Slope
Financial Considerations
- Price Per Sq. Ft.: $234.13
- Tax Amount: $8,241
- Tax Year: 2025
Disclosures and Reports
- Exclusions: W&D In Unit 2 Not Included In Sale
- Disclosures/Rstr.: buyer to verify all information and due diligence. Seller makes no warrant representation. Approximate ages not from owner but property manager. Roof - 10 years old. Unit 1: boiler 8 years old. Unit 2: boiler 20 years old, hw tank 4 years old. WD hookups in Unit 1 & Unit 2.
- Property ID: M:116 B:715 L:534, 599406
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Schools
Schools serving 548 Salem St
School District:Malden School District
| Name | Grades | Distance |
|---|---|---|
Salemwood School 529 Salem Street, Malden, MA 02148 | K-8 | 0.1 mi |
Forestdale School, Malden, MA 74 Sylvan Street, Malden, MA 02148 | K-8 | 0.6 mi |
Linden School 29 Wescott Street, Malden, MA 02148 | K-8 | 0.8 mi |
Malden High School 77 Salem Street, Malden, MA 02148 | 9-12 | 0.8 mi |
Ferryway School 150 Cross Street, Malden, MA 02148 | K-8 | 0.9 mi |
Beebe School 401 Pleasant Street, Malden, MA 02148 | K-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 548 Salem St
Date
Details
Price
Change
Source
7/24/2026
Sold
$675,000
-3.43%
MLS
6/02/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
548 Salem St, Malden, MA 02148 (MLS# 73528252) is a Multi-Family property that was sold at $675,000 on July 24, 2026. This property was listed by Peter Giannikopoulos from our Boston-Back Bay Office.Want to learn more about 548 Salem St? Do you have questions about finding other Multi-Family real estate for sale in Malden? You can browse all Malden real estate or contact a Coldwell Banker agent to request more information.


