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Home Massachusetts Multi-Family Homes for Sale

84 Fellsway E Malden, MA 02148
7 Days on Jacob Realty
42
$1,550,000
Total Beds: 12 Total Baths: 3
Total Units: 3 SQFT: 4077
LOT size: 0.12 Acres
84 Fellsway E
Malden, MA 02148
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Property Description

Turnkey and cash-flowing from day one, this impressive 3-family is already bringing in $10,620 per month in income while offering the long-term upside smart investors chase. Set in Malden’s desirable Fellsway neighborhood, the property features three spacious 4-bed/1-bath units with updated kitchens, modernized electrical, plumbing, and heating systems, plus private front and rear decks that add everyday livability and tenant appeal. Designed for simple management with common laundry and separately metered utilities, this location also puts residents minutes from Malden Center, the Orange Line, Route 28, and I-93. Surrounded by shops, restaurants, parks, and schools, this is a rare opportunity to secure a high-performing asset in one of Greater Boston’s fastest-growing pockets. Whether you’re expanding a portfolio or planning to live in one unit while letting the others pay the mortgage, this property checks every box.
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Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 12
  • Total Full Baths: 3

Financial

  • APOD Available: Yes
  • Gross Operating Income: 126240
  • Gross Expenses: 38395
  • Net Operating Income: 87845

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73448698
  • Last Updated: 11/01/25

Mortgage Calculator

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Map

Seller's Representative: Sarah Abouchleih, EVO Real Estate Group, LLC
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 2025-11-01 03:08:00

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