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    590-592 Salem St Malden, MA 02148

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    For Sale
    $1,350,000

    Three-family property in Malden, near transportation and amenities.

    Lot size:
    0.11 Acres

    Property Features for 590-592 Salem St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1900

    Source: Compass Agent Matthew Aranson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Malden Three-Family Property

    Located in Malden, the property at 590-592 Salem St is a well-maintained three-family building. The property is situated in close proximity to Malden Center and the MBTA Orange Line, providing convenient access to downtown Boston, local bus routes, and major highways. Each unit features spacious layouts and private porches. The property is located near restaurants, shops, parks, and entertainment options. This property offers rental income potential within a growing neighborhood.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malden
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0484852
    Latitude
    42.4328511

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    FAQs

    What type of property is this?
    Triplex - Three-family property in Malden, near transportation and amenities.
    Where is this triplex located?
    The property is located at 590-592 Salem St Malden, MA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Prime location: Minutes from Malden Center and the MBTA Orange Line, providing easy access to downtown Boston.; - Strong rental income potential: Ideal for investors or owner-occupants seeking income.; - Spacious layouts: Each unit offers ample living space.
    (207) 252-6771
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    Malden, MA 02148
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    590-592 Salem St Malden, MA 02148
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