40 Clark St Malden MA 02148 MLS #73468369

40 Clark St
Malden, MA, 02148
$949,900
4 Beds
4 Baths
2,523 SqFt
0.05 Acres
$949,900
40 Clark St
Malden, MA, 02148
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.

Property Details

Price:
$949,900
MLS #:
73468369
Status:
Active
Beds:
4
Baths:
4
Address:
40 Clark St
Type:
Multi Family
Subtype:
3 Family
City:
Malden
Listed Date:
Jan 14, 2026
State:
MA
Finished Sq Ft:
2,523
Total Sq Ft:
2,523
ZIP:
02148
Lot Size:
2,152 sqft / 0.05 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Appliances
Range, Refrigerator, Dishwasher, Microwave, Washer/ Dryer
Bathrooms
4 Full Bathrooms
Flooring
Wood
Heating
Electric, Natural Gas
Laundry Features
Washer Hookup, Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Public School, T- Station
Construction Materials
Frame
Exterior Features
Balcony/ Deck, Balcony
Roof
Shingle

Financial

Net Operating Income
$68,981
Tax Year
2025
Taxes
$7,822
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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40 Clark St
Malden, MA