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Multifamily · Malden · ACT

16-18 Meridian Parkway

Malden, MA 02148

$995,000

6 bedrooms3 bathrooms3,100 square feet73594395 MLS number

The residence

Property overview

Exceptional investment opportunity in the heart of Malden! This beautifully updated two-family property generates over $100K in annual rental income, making it an outstanding income-producing investment. Conveniently located within walking distance to Malden Center T Station, shops, restaurants, and vibrant downtown amenities, with easy access to Boston and major routes. Both units feature stunning chef-inspired kitchens with elegant marble countertops, spacious islands, stainless steel appliances, recessed lighting, beautifully renovated bathrooms with modern finishes, gleaming hardwood floors throughout, central air conditioning, central heating, and in-unit laundry. Major improvements include an updated roof (~8 years), heating systems, vinyl siding (~5 years), and hot water tanks (~3 years), offering peace of mind and low-maintenance ownership. With extensive updates already completed, this turnkey property is ready for its next owner!

Taxes 2026
$11,506
Parking
1 spaces

Property details and availability are sourced from the local listing feed and may change. Contact Leverage for current details and availability.

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