Active
52 Days on market
550 Main #5 Malden — Photo 1 of 24

550 Main #5 Malden — Photo 1 of 24

Recent Drop: $10,000

$355,000
$345,000

$345,000

Investment Analysis — 550 Main #5

Malden, MA 02148

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02148 carries an estimated $2,550/mo in gross rent — about a 4.02% cap rate and $13,876/yr in estimated NOI at the $345,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

558

Style

Condominium

Built

1925

Bright and inviting one-bedroom condo in a fantastic downtown Malden location! This charming unit features high ceilings, gleaming hardwood floors, an open living and kitchen area, and an abundance of natural light from multiple windows. The well-appointed kitchen offers generous cabinetry, gas cooking, a dishwasher, and stainless-steel appliances. A spacious primary bedroom, central air, common coin-operated laundry, private basement storage, and one off-street parking space add to the convenience. Ideally situated near Malden Center T Station, restaurants, shops, and everything downtown Malden has to offer. A wonderful opportunity for an owner-occupant or investor!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Property Details

Financials

Original Price$355,000
Annual Taxes$3,584
HOA Fee$483

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringWood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningResB

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl First

14.8 x 12.1

Flooring - Wood, Recessed Lighting

Kitchen
Lvl First

9.8 x 12.2

Flooring - Wood, Open Floorplan, Recessed Lighting, Gas Stove

Master Bedroom
Lvl First

12.6 x 12.1

Flooring - Wood

Bathroom 1
Lvl First

4.11 x 6.11

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Property History

Listed
$2,400

Aug 23, 2026

MLS® 73567161

Price Drop
$345,000

Was $349,900

Aug 19, 2026

MLS® 73553348

Price Drop
$349,900

Was $355,000

Aug 10, 2026

MLS® 73553348

Listed
$355,000

Jul 22, 2026

MLS® 73553348

Listing Provided By

Listing Agent: Maria Fabiano

Listing Office: Maria Fabiano Realty

MLS® Number: 73553348