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    Malden Triplex Investment Opportunity Title is generated by Realmo AI

    13-15 Tufts St, Malden, MA 02148

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    Claim this Listing
    For Sale
    $989,900

    Spacious triplex near transportation with updated systems and ample storage.

    Type:Multi-Family
    Property size:
    3,044 SF
    Price / SF:
    $325/SF
    Added:
    Apr 6, 2026
    Days on Market:
    64
    Last Refresh:
    Apr 21 at 2:11 pm

    Property Features for 13-15 Tufts St

    General Information

    Standard status
    Active
    Size
    3,044 SF
    Property subtype
    Multi-Family

    Building Details

    Year Built
    1907

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    Listing Contact
    Diane Chuha

    Listing agent Diane Chuha

    Listing office Bond Realty, Inc.

    Listing date Apr 6, 2026

    Source Reishomesearch

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

    All listing content including descriptions, pricing, images are the copyrighted material of Bond Realty, Inc.

    HighLights

    • Excellent investment opportunity with three separate living units.
    • Newer gas heating systems on the first and third floors (approx. 1‑2 years old).
    • Roof warranty with 10 years remaining.
    • Convenient access to public transportation (bus and train).
    • Washer/dryer hook‑ups and separate storage areas in the basement for each unit.
    • Three‑car driveway and nice yard.

    Overview

    This triplex presents a significant investment opportunity, conveniently located within walking distance of a bus stop and a short drive to the train. The first floor features a spacious living room, a dining room with a closet, a large eat-in kitchen equipped with a gas stove, a full bathroom with handicap bars, and two bedrooms, one of which is currently utilized as a walk-in closet. The second floor includes a large eat-in kitchen with an electric stove and pantry, a dining room with a built-in hutch, a living room, a ceramic tile full bath, a built-in hallway cabinet, and two spacious bedrooms. The third floor offers a spacious living room, an eat-in kitchen with a gas stove, a full bath, and two good-size bedrooms. The first and third floor gas-fired heating systems are approximately 1-2 years old, while the second floor gas heating system is approximately 10 years old. The property features four separate circuit breaker systems, including one for the common area. The roof has 10 years remaining on its warranty, and the exterior has been freshly painted. Gas hot water tanks are approximately 1-5 years old. Each unit has washer and dryer hook-ups in the basement, along with separate storage areas. The third-floor heating system is located in the attic. The property includes a three-car driveway and a nice yard. The property size is 3044 square feet.

    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 $96.8k $31.80
    − Vacancy −$4.8k −$1.57
    EGI $92.0k $30.23
    − OpEx −$27.6k −$9.07
    NOI $64.4k $21.16
    3,044 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $920.2K
    $805.2K – $1.07M (±1% cap)
    NOI $64,412 @ 7.0% cap · market cap 6.51%
    Second Best
    Apartment 5plus
    $865.2K
    $757.1K – $1.01M (±1% cap)
    NOI $60,565 @ 7.0% cap · market cap 6.12%
    Theoretical Best
    Office A
    $1.80M
    $1.58M – $2.10M (±1% cap)
    NOI $126,143 @ 7.0% cap · market cap 12.74%
    Zoning and permitted uses should be independently verified with local authorities.
    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 Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Malden
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0619636
    Latitude
    42.4191998

    FAQs

    What type of property is this?
    Triplex - Spacious triplex near transportation with updated systems and ample storage.
    Where is this triplex located?
    The property is located at 13-15 Tufts St Malden, MA.
    What is the asking price?
    The asking price for this property is $989,900.
    What are key features of this property?
    This property features: Excellent investment opportunity with three separate living units.; Newer gas heating systems on the first and third floors (approx. 1‑2 years old).; Roof warranty with 10 years remaining.
    More about this property
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