Two-Family Residential Income
For Sale
$950,000
Pending
41-43 Linwood St., Malden, MA 02148
Large two-family home with separate units, in-unit laundry on each level, and an enclosed rear yard.
Property Size2,705 SF
Days on Market192
Property Features for 41-43 Linwood St.
General Information
Standard status
Pending
Size
2,705 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Zoning
ResA
Additional Details
Multifamily Units
2
Amenities
in-unit laundry
basement
Building Details
Building Size
2,705 SF
Year Built
1920
Stories
2
Listing Agency:
Coelho Realty Group LLC
Listed By:
Joe Danisch
(617) 477-8223
Source:
Cjbarrett
Added: Apr 14
Changed: Sep 4
Last Checked: May 28 at 5:47AM
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 Coelho Realty Group LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family residential income property offers flexible layouts across both levels, with a first floor that is presently vacant. The main living space includes a living/dining combination, two bedrooms, two full baths, and a family room adjacent to the kitchen, and the layout can be reconfigured to add a third bedroom. Each level also includes in-unit laundry, and the home features a very sizable basement and an enclosed rear yard.
The second-floor unit was more recently updated with newer appliances, fixtures, and flooring. It includes a parlor-like transitional space that branches into each section of the unit, supporting a flexible arrangement.
The property is configured to support two separate units, with a double-wide driveway that can accommodate four vehicles, described as two tandem spaces for each unit.
The second-floor unit was more recently updated with newer appliances, fixtures, and flooring. It includes a parlor-like transitional space that branches into each section of the unit, supporting a flexible arrangement.
The property is configured to support two separate units, with a double-wide driveway that can accommodate four vehicles, described as two tandem spaces for each unit.
Key Highlights
- Large 2‑family home built in 1920 with separate units
- Less than a mile from Malden Center, with a double‑wide driveway accommodating four vehicles (two tandem spaces per unit)
- First‑floor unit is currently vacant and offers 2 bedrooms, 2 full baths, and a large family room adjacent to the kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,239
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,144,780
$1.1M
Cap Rate 7%
$817,700
$817.7K
Cap Rate 9%
$635,989
$636.0K
Market Conditions
NOI Build-Up for 2,705 SF
Gross rent
$86.0K $31.80/SF
− Vacancy
−$4.2K −$1.57/SF
EGI
$81.8K $30.23/SF
− OpEx
−$24.5K −$9.07/SF
NOI
$57.2K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,144,780
Cap Rate 7%
$817,700
Cap Rate 9%
$635,989
Alternative Uses
Best Use
Multifamily LT 5
$817.7K
$715.5K – $954.0K
NOI $57,239 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$768.9K
$672.8K – $897.0K
NOI $53,820 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,095 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,956
Businesses Nearby
Explore this area
Business Placement
Demographics for 02148, MA
66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Large two-family home with separate units, in-unit laundry on each level, and an enclosed rear yard.
Where is this duplex located?
The property is located at 41-43 Linwood St. Malden, MA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Large 2‑family home built in 1920 with separate units; Less than a mile from Malden Center, with a double‑wide driveway accommodating four vehicles (two tandem spaces per unit); First‑floor unit is currently vacant and offers 2 bedrooms, 2 full baths, and a large family room adjacent to the kitchen
