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$1,199,900
Total Beds: 9 Total Baths: 3
Total Units: 3 SQFT: 3796
LOT size: 0.07 Acres
51-53 Holyoke Street
Malden, MA 02148
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Property Description

Exceptional investment opportunity in the heart of Malden, just minutes from vibrant Malden Center and the MBTA Orange Line. This expansive 3-family property offers 17 rooms, 9 bedrooms, and 3 full bathrooms, making it ideal for an owner-occupant seeking rental income or an investor looking to capture strong market rents. Each unit provides generous living space, while the building delivers immediate income with additional upside through rental growth and value-add improvements. Whether you choose to occupy one unit and let the others offset your mortgage or fully lease the property at market rate, this is a versatile asset in a high-demand commuter location. Features include 2-car parking and common laundry in basement. Proximity to public transportation, shops, restaurants, and major routes enhances long-term desirability and consistent tenant demand. Don’t miss this rare opportunity!

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Bulkhead, Concrete Floor, Full, Interior Access, Sump Pump, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Tile Floor
  • Common Appliances: Range, Refrigerator, Vent Hood, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: Yes
  • Gross Operating Income: 88440
  • Gross Expenses: 17525
  • Net Operating Income: 88440

Utilities

  • Electric Info: 200 Amps
  • Utility Connections: Washer Hookup, for Gas Range
  • 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: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

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

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73488683
  • Last Updated: 03/21/26

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Map

Seller's Representative: Peter Scanlan, Coldwell Banker Realty - Belmont
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 2026-03-21 07:48:00