HomeMalden2 Family - 2 Units Side by Side23-25 Richardson St, Malden MA 02148
23-25 Richardson St, Malden MA 02148 — photo 1 of 121 / 12
SOLD · Oct 8, 2025
$1,125,000   Over asking
Asking $1,089,000 · +$36,000 (+3.3%)
23-25 Richardson St, Malden MA 02148
2 units · 4 bd · 4 ba · 3,875 sqft · $544,500/unit
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INVESTMENT SNAPSHOT

Signal Score pending — we haven't seeded market rents for this ZIP (02148) yet.

About this property

MUST SEE! Rare opportunity to own a versatile 2-family home with a finished space above the garage featuring a full bath and wet bar. Perfect for owner-occupants or investors! Enjoy modern updates, including a 3 new Navien heating systems, on each unit and a recent solar system installed for one unit. Kitchens and bathrooms have been tastefully updated, most within the last 10 years. The finished space above the garage offers incredible flexibility—ideal for a home gym, cinema room, entertainment space, or home office/business use. The oversized 2-car garage features extra-high ceilings and ample parking for convenience.Live in one unit, Relax and entertain with an in-ground pool while still collecting some income or collect top rents for entire property. Don’t miss this unique property that combines functionality, modern updates, and investment potential in the heart of the great town of Malden. Commuter rail close by.

Property details

Units2
Living area3,875 sqft
Lot size8,856 sqft
Year built1935
Price / sqft$290
CountyMiddlesex
MLS #73422051

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 23-25 Richardson St, Malden MA 02148 have?

It is a 2-unit multi-family property with 3,875 sqft of living area, built in 1935.

What is the price per unit?

At a list price of $1,089,000 across 2 units, that works out to roughly $544,500 per unit.

What is the price per square foot?

At $1,089,000 for 3,875 sqft, that's about $290 per square foot.

Where is this property located?

23-25 Richardson 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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