Exceptional 3-family investment opportunity in a desirable Malden neighborhood, offering 4,726 sq. ft. of total living area plus an unfinished fourth-floor grandfathered in-law space with an 800-to-1,000 sq. ft. open-plan layout. Each of the three primary units features 1,445 sq. ft. comprising three bedrooms, a large eat-in kitchen, family and dining rooms, a full bathroom, and storage. The 1st-floor unit features an open layout with sliding glass doors opening to a deck and backyard, while the 2nd and 3rd floors have been updated with new flooring, modern kitchens, and refreshed bathrooms. Well-maintained mechanical systems include brand-new oil heating systems and tanks, separately metered utilities, and a full walk-out basement with separate laundry hookups. Complete with 5 to 6 off-street parking spaces, the property is ideally located just one block from Ferry Way Elementary School, 0.9 miles from the Orange Line subway and Town Center, right along an MBTA bus route, with quick access to I-93 and I-95.
| Units | 3 |
| Living area | 4,726 sqft |
| Lot size | 6,490 sqft |
| Year built | 1900 |
| Price / sqft | $271 |
| County | Middlesex |
| MLS # | 73573631 |
| Days on market | 0 days |
| Listed on | September 8, 2026 |
| Annual property tax | $10,786 |
| Tax year | 2026 |
| Assessed value | $946,200 |
| Zoning | ResA |
| Gross income (actual) | $91,200/yr |
| Net operating income (actual) | $91,200/yr |
| Total actual rent | $7,600/mo |
| Stories | 3 |
| Total rooms | 18 |
| Lot size | 0.15 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Full, Unfinished |
| Foundation | Concrete Perimeter |
| Construction | Frame |
| Flooring | Tile, Hardwood |
| Heating | Oil |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Refrigerator, Freezer, Range Hood |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 4,726 sqft of living area, built in 1900.
403-405 Ferry St, Malden MA 02148 has been listed for 0 days (since September 8, 2026).
At a list price of $1,279,000 across 3 units, that works out to roughly $426,333 per unit.
Annual property taxes are $10,786 (2026), on an assessed value of $946,200.
At $1,279,000 for 4,726 sqft, that's about $271 per square foot.
5 total parking spaces (paved drive, off street, paved).
403-405 Ferry St, Malden MA 02148 is in Malden, Middlesex County, MA 02148.

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.