Two-Family Residential Income
41-43 Linwood Street Malden, MA 02148
41-43 Linwood Street, Malden, MA, 02148
$950,000
For Sale
$950,000
Large two-family home with separate units, in-unit laundry on each level, and an enclosed rear yard.
Property Size2,705 SF
Price / SF$351.20
Days on Market92
Property Features for 41-43 Linwood Street
General Information
- Standard status
- Active
- Size
- 2,705 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing agency
Coelho Realty Group LLC
Listed by
Joe Danisch
(617) 731-4644
Source
Hammondre
Added: Apr 22 Updated: Jul 22 at 10:59AM Checked: Jul 22 at 10:59AM
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
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
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 | $86.0k | $31.80 |
| − Vacancy | −$4.2k | −$1.57 |
| EGI | $81.8k | $30.23 |
| − OpEx | −$24.5k | −$9.07 |
| NOI | $57.2k | $21.16 |
2,705 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
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 Street 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
