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23-25 Richardson StMalden, MA 02148

For Sale

$1,089,000

Smart Buyer Rebate $5,445

MUST SEE! Rare opportunity to own a versatile 2-family home with a finished space above the garage featuring a full bath and wet bar. Perfect for owner-occupants or investors! Enjoy modern updates, including a 3 new Navien heating systems, on each unit and a recent solar system installed for one unit. Kitchens and bathrooms have been tastefully updated, most within the last 10 years. The finished space above the garage offers incredible flexibility—ideal for a home gym, cinema room, entertainment space, or home office/business use. The oversized 2-car garage features extra-high ceilings and ample parking for convenience.Live in one unit, Relax and entertain with an in-ground pool while still collecting some income or collect top rents for entire property. Don’t miss this unique property that combines functionality, modern updates, and investment potential in the heart of the great town of Malden. Commuter rail close by.

Listed by Thayanne Machado

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Invest Realty Group

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781-424-4068

Last updated August 29, 2025

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Source: MLSPin #73422051

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Faulkner
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu11
  • Taxes$10,999.64/year
  • Size3,875 sqft
  • Price per sqft$281

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

08/25/2025
Listed by Invest Realty Group
$1,089,000

Property Details for 23-25 Richardson St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House Of Worship, Public School

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Shingle
  • Stories: 4
  • Stories Total: 4
  • Year Built: 1935
  • Year Built Details: Approximate

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,875
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.20
  • Lot Size Area: 0
  • Lot Size Square Feet: 8,856
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:087 B:263 L:324,596965
  • Tax Annual Amount: $10,999.64
  • Tax Assessed Value: $971,700.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 3,875
  • Living Area Source: Other

Rooms

  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Rooms Total: 14

Other

General

  • Exclusions: Tenants Personal Items Such As Wd, Freezer In The Basement.

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Paved Drive
  • Parking Total: 8

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

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, landlords 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, leasing or renting 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, leasing or renting. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.