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$999,888
Total Beds: 5 Total Baths: 2
Total Units: 2 SQFT: 2128
LOT size: 0.23 Acres
563 Lynn - St
Malden, MA 02148
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Property Description

Rare opportunity in booming Malden! This spacious and well-cared-for 2-family is ideal for investors or owner-occupants looking to maximize rental income and long-term value. Unit 1 features 2 bedrooms, hardwood floors, in-unit laundry, and is rented TAW at $2,500/month. Unit 2 offers 3 bedrooms, dining room, in-unit laundry, and access to a semi-finished attic with a bonus room. A detached garage, full basement, and oversized lot provide endless expansion options. Previously approved (expired) for a single-family build, the property also presents strong ADU potential and become up to 5 dwelling total. A true multi-option gem just minutes from Boston. Buyer to perform due diligence.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Gross Operating Income: 32800
  • Net Operating Income: 63600

Utilities

  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Foundation Info: Brick, Fieldstone
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73386277
  • Last Updated: 06/21/25

Mortgage Calculator

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Map

Seller's Representative: MG Group, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-06-21 12:32:00

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