292 Broadway, Malden, MA 02148
MULTI_FAMILY - Malden, MA
- Added:
- May 6, 2026
- Days on Market:
- 53
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 292 Broadway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- ResA
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 5
- Parking
- 11
- Standard status
- Active
- APN
- M:132 B:680 L:012,600160
- Size
- 2,390 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8007
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 2
Listing agent John Veneziano (781) 395-7676
Listing office REMAX Andrew Realty Services 9 Main St., Medford, MA (781) 395-7676
Listing date May 6, 2026
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Versatile two‑family property in Malden with year built 1900
- Over 10 off‑street parking spaces
- First‑floor unit is a 2‑bedroom layout with long‑term tenants in place
- Second unit spans two levels with main level living room, dining room, kitchen, and 2 bedrooms, plus an upper level with 2 additional bedrooms and a private office
- Wall between first‑floor bedrooms was previously opened for a daycare setup; can be restored to original 2‑bedroom configuration
- Full basement with high ceilings and two means of egress for potential future expansion
Overview
Located in Malden, Massachusetts at 292 Broadway, the property includes more than 10 off-street parking spaces, a practical convenience for residents and guests. The lot size is listed at 0.1278 acres, and the total property size is 2,390 square feet.
For owner-occupants, the second unit’s two-level layout and dedicated office area can support working from home or a variety of flexible uses, while the first-floor unit provides rental income with established tenants. For investors, the existing tenant situation in the first-floor unit and the ability to revert the previously opened bedroom wall offer operational versatility, alongside the added space and egress in the basement.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.0k | $31.80 |
| − Vacancy | −$3.8k | −$1.57 |
| EGI | $72.2k | $30.23 |
| − OpEx | −$21.7k | −$9.07 |
| NOI | $50.6k | $21.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Malden
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.03951
- Latitude
- 42.432993
