HomeMalden3 Family403-405 Ferry St, Malden MA 02148
403-405 Ferry St, Malden MA 02148 — photo 1 of 281 / 28
$1,299,000
403-405 Ferry St, Malden MA 02148
3 units · 9 bd · 3 ba · 4,726 sqft · $433,000/unit
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INVESTMENT SNAPSHOT

Signal Score79 / 100
Est. Cap Rate4.5%
GRM14.4
Gross Scheduled Income$90,021/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Sunny and charming three-family home in one of Malden’s most desirable neighborhoods. Each unit offers a spacious living room, three generous bedrooms, a full bath, and a bright kitchen with modern appliances. Enjoy a welcoming front porch and private rear deck. Unit 2 and Unit 3 has been significantly renovated and upgraded last year. Full basement provides ample storage. Four parking spaces in the rear lot, plus one optional space along the front driveway side. Approx. 10-year old roof and less than 3-year old water heaters. Conveniently located one block from Ferryway School, with easy access to Malden Center, the Orange Line, T bus routes, shops, restaurants, and area amenities. A great opportunity for owner-occupants or investors.

Property details

Units3
Living area4,726 sqft
Lot size6,490 sqft
Year built1900
Price / sqft$275
CountyMiddlesex
MLS #73524784

Listing status

Days on market5 days
Listed onMay 27, 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 Keller Williams Realty — Sino-US Realty Team. 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 5 days (since May 27, 2026).

What is the estimated cap rate on this 3-family in Malden?

Based on area median rents, the estimated cap rate is about 4.5%, with a Signal Score of 79/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $1,299,000 across 3 units, that works out to roughly $433,000 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 $1,299,000 for 4,726 sqft, that's about $275 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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