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    Three-Family Residence with Off-Street Parking Title is generated by Realmo AI

    123-125 Laurel St, Malden, MA 02148

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    Claim this Listing
    For Sale
    $1,069,000

    MULTI_FAMILY - Malden, MA

    Property size:
    2,929 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $364/SF
    Added:
    May 5, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 21 at 11:06 pm

    Property Features for 123-125 Laurel St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    ResB
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 2
    Parking
    3
    Standard status
    Active
    APN
    M:134 B:685 L:520,600336
    Size
    2,929 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    11077

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    3

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    Listing Contact
    Clifford Ponte

    Listing agent Clifford Ponte License #9554597

    Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA

    Listing date May 5, 2026

    MLS# 73513772 Listing URL

    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

    • Three‑family property built in 1900 in Malden
    • Total of 5 bedrooms across the three units with a (2‑2‑1) unit mix
    • 3 full bathrooms in the property
    • Off‑street parking available
    • Full basement with both interior and exterior access
    • Laundry hookups: Unit 3 has in‑unit hookups; Units 1 and 2 have laundry hookups in the basement

    Overview

    This three-family residence offers separate living spaces and a unit mix of (2-2-1) bedrooms, totaling five bedrooms across the property. There are three full bathrooms. The home includes a full basement with both interior and exterior access, providing flexible space for storage and laundry setup. Laundry hookups are available in Unit 3, while Units 1 and 2 have laundry hookups located in the basement.

    Set on a lot of 0.0876 acres, the property size is listed at 2,929 square feet. It is zoned ResB and located in Malden, MA, within reach of area amenities, public transportation, shopping, restaurants, and schools, with access to major commuter routes.

    With separate units, this property can work well for investors seeking rental income or owner-occupants looking to offset housing expenses. Off-street parking adds practicality for residents, and the basement’s interior and exterior access supports day-to-day convenience. The overall layout is designed around functional room sizes and a versatile bedroom mix that can accommodate a range of household needs.

    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 $93.1k $31.80
    − Vacancy −$4.6k −$1.57
    EGI $88.5k $30.23
    − OpEx −$26.6k −$9.07
    NOI $62.0k $21.16
    2,929 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $885.4K
    $774.7K – $1.03M (±1% cap)
    NOI $61,979 @ 7.0% cap · market cap 5.80%
    Second Best
    Apartment 5plus
    $832.5K
    $728.5K – $971.3K (±1% cap)
    NOI $58,277 @ 7.0% cap · market cap 5.45%
    Theoretical Best
    Office A
    $1.73M
    $1.52M – $2.02M (±1% cap)
    NOI $121,377 @ 7.0% cap · market cap 11.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Malden
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.044328
    Latitude
    42.432525

    FAQs

    What type of property is this?
    Triplex - Well-laid-out three-family home with a full basement, separate living spaces, and off-street parking in ResB zoning.
    Where is this triplex located?
    The property is located at 123-125 Laurel St Malden, MA.
    What is the asking price?
    The asking price for this property is $1,069,000.
    What are key features of this property?
    This property features: Three‑family property built in 1900 in Malden; Total of 5 bedrooms across the three units with a (2‑2‑1) unit mix; 3 full bathrooms in the property
    More about this property
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