Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

40 Clark St

Malden, MA ID #73468369

Property Description

Excellent opportunity to own a well-maintained multifamily in a prime Malden location. This 3-unit building has two TAW-leased 1B/1BA apartments, and a vacant top floor 2B/2BA unit ideal for an owner-occupant or to lease at market rent, offering immediate income with strong upside potential. Features include updated countertops and cabinets, wood flooring, laundry hook-ups in two units, balcony, deck and yard. A new roof was installed in 2018. All units separately metered and tenants pay their own utilities. Nestled in a quiet neighborhood with on-street parking. Conveniently located near bus routes, restaurants and shops, and about 1 mile to Malden Center and Oak Grove T stops - key drivers of demand in Malden’s strong rental market. This is a solid opportunity for investors seeking a stabilized asset or owner-occupants looking to offset expenses with rental income.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 3 Family
  • Zip Code: 02148
  • Taxes: 7,822
  • Levels: 4
  • Acres: 0.05

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 4
  • Total Rooms: 12

Location

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40 Clark St, Malden, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Prescott White of Commonwealth Properties Residential, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.