HomeMalden2 Family - 2 Units Up/Down40-42 Swan St, Malden MA 02148
40-42 Swan St, Malden MA 02148 — photo 1 of 401 / 40
$1,000,000
40-42 Swan St, Malden MA 02148
2 units · 6 bd · 2 ba · 2,531 sqft · $500,000/unit
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Signal Score pending — we haven't seeded market rents for this ZIP (02148) yet.

About this property

Welcome to 40–42 Swan Street, a renovated two-family home nestled on a quiet dead-end street in Malden’s desirable Maplewood neighborhood. This property features two spacious 3 bedroom units, each with comfortable living spaces, high ceilings, hardwood flooring, and updated kitchens and baths. The upper unit offers an additional walk up finished attic space, providing flexibility as a home office, guest space, playroom, studio, or potential additional sleeping area. The high ceiling basement provides storage and utility space with exterior access. The entire home was remodeled in 2021, with continued improvements including a new roof completed in 2026 and an electric water heater replaced in 2023. The first unit can be sold fully furnished as displayed, creating an attractive turnkey option for a furnished, mid term, or long term rental, or for a buyer looking for a move in ready home. Outside, enjoy a large backyard with plenty of room for entertaining, gardening, recreation, or simply relaxing. Six off street parking spaces, three for each unit, are a rare and valuable amenity in the area. Ideally situated near Maplewood Square, local restaurants, shopping, parks, schools, public transportation, and the Northern Strand Community Trail, the location offers the convenience of city living while maintaining a quieter residential setting. Nearby MBTA connections provide access toward Malden Center and the Orange Line, making commuting into Boston and surrounding communities convenient. Revere Beach is also just a short drive away. Whether you are looking to live in one unit while generating rental income from the other, expand your investment portfolio, accommodate extended family, or maximize rental potential, 40–42 Swan Street offers an exceptional combination of space, updates, parking, outdoor living, flexibility, and location.

Property details

Units2
Living area2,531 sqft
Lot size8,346 sqft
Year built1920
Price / sqft$395
CountyMiddlesex
MLS #73568570

Listing status

Days on market0 days
Listed onAugust 26, 2026

Taxes & financials

Annual property tax$12,683
Tax year2026
Assessed value$1,112,500
ZoningResA
Total actual rent$0/mo

Building & lot

Stories3
Total rooms15
Lot size0.19 acres
Garage spaces0
Parking spaces6
ParkingOff Street
BasementFull, Unfinished
FoundationConcrete Perimeter

Utilities & systems

HeatingOil
CoolingWindow Unit(s)
SewerPublic Sewer
WaterPublic
AppliancesRange, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer

Location

More about investing in Malden

Listing courtesy of a MLS PIN member office. 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 40-42 Swan St, Malden MA 02148 have?

It is a 2-unit multi-family property with 2,531 sqft of living area, built in 1920.

How long has 40-42 Swan St, Malden MA 02148 been on the market?

40-42 Swan St, Malden MA 02148 has been listed for 0 days (since August 26, 2026).

What is the price per unit?

At a list price of $1,000,000 across 2 units, that works out to roughly $500,000 per unit.

What are the property taxes on 40-42 Swan St, Malden MA 02148?

Annual property taxes are $12,683 (2026), on an assessed value of $1,112,500.

What is the price per square foot?

At $1,000,000 for 2,531 sqft, that's about $395 per square foot.

Is there parking?

6 total parking spaces (off street).

Where is this property located?

40-42 Swan St, Malden MA 02148 is in Malden, Middlesex County, MA 02148.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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