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Open House this Sat & Sun, 4/18 and 4/19, from 11:00 AM to 1:00 PM. Located in the heart of Malden Center, this property offers outstanding investment potential. Just 0.5 miles from the Malden Center Orange Line and close to multiple bus routes, it provides convenient access to downtown Boston and nearby universities, including Northeastern University. Situated on approximately 0.2 acres, the property offers around 4,000 square feet of living space, including a 1,656 sq ft addition completed in 2010. The home features a total of 20 rooms, including 10 bedrooms and 5 full bathrooms. Its flexible layout is ideal for multi-unit use or room-by-room rentals, offering strong income-generating potential. A key highlight is the rare and valuable parking: 5 garage spaces plus 7 additional off-street parking spots—highly desirable in this area and a major advantage for attracting tenants and maximizing rental value. Located in a high-demand rental market with excellent transit access.
- Heating System:
- Natural Gas, Baseboard
- Cooling System:
- Central Air
- Basement:
- Full
- Patio:
- Porch
- Roof Deck:
- Shingle
- Parking:
- Paved Drive, Off Street, Detached
- Country:
- US
- State:
- MA
- County:
- Middlesex
- City:
- Malden
- Street:
- Highland Ave
- Street Number:
- 383
- Postal Code:
- 02148
- Architectural Style:
- Colonial
- Bathrooms:
- 5
- HOA Fee:
- 0
- Community Features:
- Public Transportation, Shopping, Park, Public School, Medical Facility, Laundromat, Highway Access, T-station
- Construction:
- Frame
- Electric:
- Circuit Breakers, 220 Volts
- ExteriorFeatures:
- Porch
- Flooring:
- Wood
- Lot Size:
- 0.2
- Property Type:
- Single Family Residence
- Sewer:
- Public Sewer
- Zoning:
- BHD, LW, PDD, AR-I, I-3, RM20, 9999999999, RS40, RLF, M, S2002, call city, R006, C/R1, Cambridge
- Living Area (sqft):
- 4000
Residential For Sale
383 Highland Ave, Malden, Massachusetts 02148
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $1,199,900
- Bedrooms :
- 10
- Bathrooms :
- 5
- Year Built :
- 1900
- Status :
- Active
