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About this property
Spacious THREE FAMILY! This home offers 15 rooms with bedrooms & 3 full bathrooms sprawling over approximately 3500 square feet with a versatile floor plan, large rooms, & tall ceilings. Unit 1 consists of 5 rooms, including 3 bedrooms & 1 bathroom with laundry access in the basement. Unit offers 5 rooms, including 2 bedrooms, 1 bath, laundry area, & has been updated with an open floor plan. Unit 3 offers 5 rooms with 3 bedrooms,1 full bath & in-unit laundry. All units have back porches, separate utilities, low maintenance vinyl siding, new roof 2020, & gas heating with lots of storage space in the basement. Paved driveway w/ turn around parking with a separate grassy yard space. All units are tenants-at-will. Convenient location close to Malden MBTA, bus stop, parks, schools, & the Northern Strand Bike Trail. Minutes to Boston! This multi-family offers TREMENDOUS opportunity for strong future rental income in convenient location!
Property details
| Units | 3 |
| Living area | 3,472 sqft |
| Lot size | 5,785 sqft |
| Year built | 1910 |
| Price / sqft | $309 |
| County | Middlesex |
| MLS # | 73526706 |
Listing status
| Days on market | 9 days |
| Listed on | May 29, 2026 |
Taxes & financials
| Annual property tax | $13,706 |
| Tax year | 2026 |
| Assessed value | $1,167,800 |
| Zoning | ResA |
| Gross income (actual) | $61,280/yr |
| Net operating income (actual) | $61,200/yr |
| Total actual rent | $5,100/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.13 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Unfinished |
| Foundation | Brick/Mortar |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Laminate, Hardwood |
Utilities & systems
| Heating | Forced Air, Natural Gas, Baseboard |
| Cooling | None, Wall Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator, Dishwasher |
Location
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Listing courtesy of Century 21 North East — Kristin Gennetti. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 154-156A Franklin Street, Malden MA 02148 have?
It is a 3-unit multi-family property with 3,472 sqft of living area, built in 1910.
How long was 154-156A Franklin Street, Malden MA 02148 on the market before it sold?
154-156A Franklin Street, Malden MA 02148 sold after about 67 days on the market (listed May 29, 2026, closed August 4, 2026).
What is the estimated cap rate on this 3-family in Malden?
Based on area median rents, the estimated cap rate is about 5.1%, with a Signal Score of 87/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,099,900 across 3 units, that works out to roughly $366,633 per unit.
What are the property taxes on 154-156A Franklin Street, Malden MA 02148?
Annual property taxes are $13,706 (2026), on an assessed value of $1,167,800.
What is the price per square foot?
At $1,099,900 for 3,472 sqft, that's about $309 per square foot.
Is there parking?
6 total parking spaces (paved drive, off street).
Where is this property located?
154-156A Franklin Street, Malden MA 02148 is in Malden, Middlesex County, MA 02148.
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