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INVESTMENT SNAPSHOT
About this property
Open House Sunday 6/14, 2pm-4pm. Renovated 2-family in Malden's Maplewood — flexible for owner-occupants, investors, or multi-generational buyers. NEW ROOF June 2026 (GAF Timberline HDZ, transferable manufacturer + workmanship warranties, installed before closing). Fresh paint touch-ups underway. Each unit: 3BR/1BA, hardwood floors, high ceilings, stainless appliances, dishwasher, soft-close cabinets, under-cabinet lighting. Upper unit includes bonus attic room. Updated electric, plumbing, kitchens, baths since 2021. Shared basement laundry/storage; private backyard. 6 off-street parking spots (3/unit) — asphalt + gravel. 8,276 sq ft lot, larger than neighborhood avg. Quiet street near MBTA Bus 411/430 to Malden Center Orange Line. Lower unit fully furnished, ready for immediate mid- or long-term rental. Possession available 7/15/2026, flexible. Showings by appointment. Operating data + improvement documentation available upon request.
Property details
| Units | 2 |
| Living area | 2,531 sqft |
| Lot size | 8,276 sqft |
| Year built | 1920 |
| Price / sqft | $498 |
| County | Middlesex |
| MLS # | 73513920 |
Listing status
| Days on market | 33 days |
| Listed on | May 6, 2026 |
Taxes & financials
| Annual property tax | $12,512 |
| Tax year | 2025 |
| Assessed value | $1,095,400 |
| Zoning | ResA |
| Net operating income (actual) | $34,928/yr |
| Total actual rent | $2,910/mo |
| Electric expense | $231/yr |
| Insurance expense | $9,857/yr |
Building & lot
| Stories | 3 |
| Total rooms | 13 |
| Lot size | 0.19 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street, Stone/Gravel, Paved |
| Basement | Partial, Partially Finished, Interior Entry, Concrete |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame, Brick |
| Flooring | Wood, Tile, Hardwood |
Utilities & systems
| Heating | Baseboard, Oil |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public, Individual Meter |
| Utilities | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Appliances | Range, Dishwasher, Microwave, Refrigerator |
Location
More about investing in Malden →
Listing courtesy of New Year Realty — Edmund Wong. 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 Street, 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 Street, Malden MA 02148 been on the market?
40-42 Swan Street, Malden MA 02148 has been listed for 33 days (since May 6, 2026).
What is the estimated cap rate on this 2-family in Malden?
Based on area median rents, the estimated cap rate is about 3.0%, with a Signal Score of 59/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,260,000 across 2 units, that works out to roughly $630,000 per unit.
What are the property taxes on 40-42 Swan Street, Malden MA 02148?
Annual property taxes are $12,512 (2025), on an assessed value of $1,095,400.
What is the price per square foot?
At $1,260,000 for 2,531 sqft, that's about $498 per square foot.
Is there parking?
6 total parking spaces (paved drive, off street, stone/gravel, paved).
Where is this property located?
40-42 Swan Street, Malden MA 02148 is in Malden, Middlesex County, MA 02148.
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