Three-Family Corner
161-165 Madison Street Malden, MA 02148
161-165 Madison Street, Malden, MA, 02148
$1,049,000
For Sale
$1,049,000
Corner three-family with renovated units, separate utilities, generous basement storage, and off-street parking.
Days on Market43
Property Features for 161-165 Madison Street
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1920
Listing Agency
Century 21 North East
Listed by
Kristin Gennetti
Source
Classifiedrealtygroup
Added: Jun 6 Checked: Jul 17 at 11:05 am
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Investment Insights
Based on property information with market context.
This corner triplex includes three separate units with defined layouts across multiple levels. Unit 1 features an open-concept living, dining, and kitchen area on the first floor, with three bedrooms and a full bathroom on the second floor, plus an additional room and a half bath on the third floor. A basement storage area and a laundry connection support the unit. Unit 3 is arranged over the second and third floors and includes a living room, kitchen, and bedrooms, along with 1 full bathroom and a half bath. Unit 2 includes a kitchen, bedroom, and full bathroom. The property received renovations in 2012, and new siding was completed in 2022. Separate utilities are provided for the units, and the building offers generous basement storage and 2 off-street parking spaces. The property is sold AS IS, and all tenants are tenants at will.
The building is described as being in a convenient location, with access to the Wellington and Malden MBTA, a nearby bus stop, and the Northern Strand Bike Trail. It is also noted as being close to major highways, restaurants, breweries, shops, and with easy access to downtown Malden, Everett, and Assembly Row.
For buyers or operators seeking a multi-unit rental portfolio, this property offers three separate residential units with independent utilities and dedicated basement storage, along with off-street parking. The confirmed unit configurations and recent exterior siding update may simplify near-term planning, while the AS-IS sale and tenants-at-will arrangement provide clarity for buyers evaluating timing and operations.
The building is described as being in a convenient location, with access to the Wellington and Malden MBTA, a nearby bus stop, and the Northern Strand Bike Trail. It is also noted as being close to major highways, restaurants, breweries, shops, and with easy access to downtown Malden, Everett, and Assembly Row.
For buyers or operators seeking a multi-unit rental portfolio, this property offers three separate residential units with independent utilities and dedicated basement storage, along with off-street parking. The confirmed unit configurations and recent exterior siding update may simplify near-term planning, while the AS-IS sale and tenants-at-will arrangement provide clarity for buyers evaluating timing and operations.
Key Highlights
- Corner 3‑family building built in 1920 with renovated units and 2‑car off‑street parking
- Units have separate utilities for each unit
- Renovations completed in 2012; new siding installed in 2022
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Corner three-family with renovated units, separate utilities, generous basement storage, and off-street parking.
Where is this triplex located?
The property is located at 161-165 Madison Street Malden, MA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Corner 3‑family building built in 1920 with renovated units and 2‑car off‑street parking; Units have separate utilities for each unit; Renovations completed in 2012; new siding installed in 2022
