HomeMalden3 Family403-405 Ferry St, Malden MA 02148
403-405 Ferry St, Malden MA 02148 — photo 1 of 281 / 28
$1,279,000
403-405 Ferry St, Malden MA 02148
3 units · 9 bd · 3 ba · 4,726 sqft · $426,333/unit
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Signal Score pending — we haven't seeded market rents for this ZIP (02148) yet.

About this property

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.

Property details

Units3
Living area4,726 sqft
Lot size6,490 sqft
Year built1900
Price / sqft$271
CountyMiddlesex
MLS #73573631

Listing status

Days on market0 days
Listed onSeptember 8, 2026

Taxes & financials

Annual property tax$10,786
Tax year2026
Assessed value$946,200
ZoningResA
Gross income (actual)$91,200/yr
Net operating income (actual)$91,200/yr
Total actual rent$7,600/mo

Building & lot

Stories3
Total rooms18
Lot size0.15 acres
Garage spaces0
Parking spaces5
ParkingPaved Drive, Off Street, Paved
BasementFull, Unfinished
FoundationConcrete Perimeter
ConstructionFrame
FlooringTile, Hardwood

Utilities & systems

HeatingOil
SewerPublic Sewer
WaterPublic
AppliancesRange, Dishwasher, Refrigerator, Freezer, Range Hood

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 403-405 Ferry St, Malden MA 02148 have?

It is a 3-unit multi-family property with 4,726 sqft of living area, built in 1900.

How long has 403-405 Ferry St, Malden MA 02148 been on the market?

403-405 Ferry St, Malden MA 02148 has been listed for 0 days (since September 8, 2026).

What is the price per unit?

At a list price of $1,279,000 across 3 units, that works out to roughly $426,333 per unit.

What are the property taxes on 403-405 Ferry St, Malden MA 02148?

Annual property taxes are $10,786 (2026), on an assessed value of $946,200.

What is the price per square foot?

At $1,279,000 for 4,726 sqft, that's about $271 per square foot.

Is there parking?

5 total parking spaces (paved drive, off street, paved).

Where is this property located?

403-405 Ferry 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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