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INVESTMENT SNAPSHOT
About this property
Exceptional 2-family opportunity situated on a desirable corner lot, with 1 vacant unit. Don't miss this chance to own a beautifully maintained home in a prime commuter location just minutes from Boston. Whether you're an investor seeking immediate income or an owner-occupant looking to offset your mortgage, this property offers the best of both worlds. This 12-room, 6 bedroom and 2 bath home has 3-living levels with bright and inviting living areas and generously sized kitchens. Unit 1 offers hardwood floors throughout, 5 rooms, 2 bedrooms, and newer full bath. Laundry for the 1st floor unit is in the basement. Unit 2 offers 2 levels of living space with 7 rooms, 4 bedrooms, hardwood floors (under the carpet), full bath and in-unit laundry. Separate heating systems, electrical panels, and hot water tanks, newer roof (2021) and a large basement providing abundant storage. A beautifully landscaped fenced yard, welcoming enclosed front and rear porches, and 2 separate driveways (1 for the owner and one for the tenant). Conveniently located with easy access to shopping, restaurants, Express Bus to downtown Boston, Route 1, and Logan Airport.
Property details
| Units | 2 |
| Living area | 2,418 sqft |
| Lot size | 3,219 sqft |
| Year built | 1936 |
| Price / sqft | $385 |
| County | Middlesex |
| MLS # | 73556231 |
Listing status
| Days on market | 4 days |
| Listed on | July 29, 2026 |
Taxes & financials
| Annual property tax | $9,161 |
| Tax year | 2026 |
| Assessed value | $803,600 |
| Zoning | ResA |
| Gross income (actual) | $6,600/yr |
| Net operating income (actual) | $6,600/yr |
| Total actual rent | $550/mo |
Building & lot
| Stories | 3 |
| Total rooms | 12 |
| Lot size | 0.07 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Full, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished |
| Foundation | Block |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Carpet, Hardwood, Stone/Ceramic Tile |
Utilities & systems
| Heating | Steam, Natural Gas, Individual |
| Cooling | Window Unit(s), Individual, Wall Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup |
| Appliances | Range, Disposal, Range Hood, Dishwasher, 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 354 Lynn St, Malden MA 02148 have?
It is a 2-unit multi-family property with 2,418 sqft of living area, built in 1936.
How long has 354 Lynn St, Malden MA 02148 been on the market?
354 Lynn St, Malden MA 02148 has been listed for 4 days (since July 29, 2026).
What is the price per unit?
At a list price of $929,900 across 2 units, that works out to roughly $464,950 per unit.
What are the property taxes on 354 Lynn St, Malden MA 02148?
Annual property taxes are $9,161 (2026), on an assessed value of $803,600.
What is the price per square foot?
At $929,900 for 2,418 sqft, that's about $385 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street, paved).
Where is this property located?
354 Lynn St, Malden MA 02148 is in Malden, Middlesex County, MA 02148.
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