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    Versatile Two-Family Property in Malden Title is generated by Realmo AI

    292 Broadway, Malden, MA 02148

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    Claim this Listing
    For Sale
    $929,000

    MULTI_FAMILY - Malden, MA

    Property size:
    2,390 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $388/SF
    Added:
    May 6, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 21 at 10:06 pm

    Property Features for 292 Broadway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    ResA
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2
    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

    We can help!

    Listing Contact
    John Veneziano
    John Veneziano

    Listing agent John Veneziano

    Listing office REMAX Andrew Realty Services 9 Main St., Medford, MA

    Listing date May 6, 2026

    MLS# 73513777 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

    • Two‑family property in Malden built in 1900 with two means of egress
    • First‑floor unit is a 2‑bedroom layout with long‑term tenants in place
    • Second unit spans two levels with living room, dining room, kitchen, 2 bedrooms plus additional bedrooms and a private office on the upper level
    • Over 10 off‑street parking spaces
    • Full basement with high ceilings, offering potential for future expansion

    Overview

    This two-family property in Malden presents a versatile opportunity for investors and owner-occupants. The property includes over 10 off-street parking spaces. The first-floor unit features a two-bedroom layout with long-term tenants. The second unit spans two levels, offering a flexible and spacious layout. The main level includes a living room, dining room, kitchen, and 2 bedrooms. The wall between the bedrooms was previously opened to accommodate a daycare setup, creating a larger shared space, but can easily be restored to its original 2 bedroom configuration. The upper level adds two more bedrooms and a private office. A full basement with high ceilings and two means of egress offers expansion potential. The property is zoned ResA and has a lot size of 0.1278 acres. The property size is 2390 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 $76.0k $31.80
    − Vacancy −$3.8k −$1.57
    EGI $72.2k $30.23
    − OpEx −$21.7k −$9.07
    NOI $50.6k $21.16
    2,390 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $722.5K
    $632.2K – $842.9K (±1% cap)
    NOI $50,573 @ 7.0% cap · market cap 5.44%
    Second Best
    Apartment 5plus
    $679.3K
    $594.4K – $792.6K (±1% cap)
    NOI $47,553 @ 7.0% cap · market cap 5.12%
    Theoretical Best
    Office A
    $1.41M
    $1.24M – $1.65M (±1% cap)
    NOI $99,041 @ 7.0% cap · market cap 10.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ms. Khadija's NeighborSchool Daycare Center Aya’s Family Child ... Daycare Center

    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
    -71.03951
    Latitude
    42.432993

    FAQs

    What type of property is this?
    Duplex - Two-family property in Malden with flexible layout and ample parking.
    Where is this duplex located?
    The property is located at 292 Broadway Malden, MA.
    What is the asking price?
    The asking price for this property is $929,000.
    What are key features of this property?
    This property features: Two‑family property in Malden built in 1900 with two means of egress; First‑floor unit is a 2‑bedroom layout with long‑term tenants in place; Second unit spans two levels with living room, dining room, kitchen, 2 bedrooms plus additional bedrooms and a private office on the upper level
    More about this property
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