$2,299,900
PENDING

59-61 Waite St Malden, MA 02148

Maplewood Neighborhood

Estimated payment $13,166/month

Total Views 1,331
13 Beds
7 Baths
5,569 Sq Ft
$413 Price per Sq Ft

Highlights

  • 0.26 Acre Lot
  • Property is near public transit
  • 2 Fireplaces
  • Open Floorplan
  • Wood Flooring
  • 3-minute walk to North Strand Bike Path

About This Home

RARE FIND!!! Well cared for deleaded 5 plus unit duplex on a beautiful street in the Maplewood section of Malden. Great investment opportunity with live in unit for owner. New vinyl siding new gutters and all freshly painted porches. All units have been updated with maple and white cabinets, dishwashers and disposals. Hardwood floors thru most. Coin operated laundry in basement. All separate utilities, 3 gas heating systems 2 oil. Full basement for storage. Oversized garage and fenced in yard with parking for all tenants. Owners unit has s/s appliances, granite, newer bathroom and room size closet. Living room with built in electric fire place. Fully rented with great tenant’s. 4 units are tenant at will and one is on lease. Walking distance to Malden Catholic and easy access to Boston!! All you need to do is sit back and collect the rents!! You don't want to miss out on this Gem! Savvy investors this is the place!! Open house Saturday, June 14, 12:00-2:00

Listing Agent

Annmarie DiGiovanni

Bond Realty, Inc. Listed on: 06/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,569

Year Built

  • Built in 1920

Lot Details

  • 0.26 Acre Lot
  • Property fronts an easement
  • Fenced

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 5,569 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Decorative Lighting
  • 2 Fireplaces
  • Electric Fireplace
  • Insulated Windows
  • Living Room
  • Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Malden High School

Utilities

  • No Cooling
  • 5 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • 100 Amp Service

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number 600083

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $2,340
  • Insurance Expense $7,027
  • Water Sewer Expense $4,080
  • Operating Expense $13,447
  • Net Operating Income $129,353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,569

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1920
  • Levels: 5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood, Tile, Vinyl, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floorplan, Bathroom With Tub, Living Room, Kitchen, Office/Den, Dining Room
  • Fireplace Features: Electric
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 13
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Full
  • Above Grade Finished Sq Ft: 5569
  • Living Area: 5569
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Insulated Windows
  • MAIN LO: B91401
  • LIST PRICE PER Sq Ft: 412.98
  • PRICE PER Sq Ft: 412.98

Exterior Features

  • Exterior Features: Decorative Lighting
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Cooling: None
  • Heating: Oil, Natural Gas
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4080

Lot Info

  • Parcel Number: 600083
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11535
  • Lot Size Units: Acres
  • PAGE: 204

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5569
  • Tax Book Number: 42922

Multi Family

  • Electric Expense: 2340
  • Gross Income: 142800
  • Insurance Expense: 7027
  • Net Operating Income: 129353
  • Number Of Units Total: 5
  • Operating Expense: 13447
  • Total Actual Rent: 12000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 2

MLS Schools

  • High School: Malden High

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Pending -- -- --
06/04/2025 06/04/25 For Sale $2,299,900 -- $413 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73385459

MLS Property Information Network (MLS PIN)

Massachusetts Middlesex County Malden 02148 Maplewood

59-61 Waite St, Malden, MA

This home is located at 59-61 Waite St, Malden, MA 02148 and is currently priced at $2,299,900, approximately $412 per square foot. This property was built in 1920. 59-61 Waite St is a home located in Middlesex County with nearby schools including Malden High School and Malden Catholic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes
Annmarie DiGiovanni
Listing Agent
Annmarie DiGiovanni
Section Image
Bond Realty, Inc.
(339) 300-4643