Active
64 Days on market
513-515 Cross St Malden — Photo 1 of 32

513-515 Cross St Malden — Photo 1 of 32

$850,000

513-515 Cross St, Malden, MA 02148

Malden, MA 02148

Beds

5

Baths

3

SqFt

2,662

Style

Multi Family

Built

1900

Opportunity awaits in this two-family home in Malden! Ideal for investors, builders, developers, or cash buyers, this property offers the chance to renovate and add value. The kitchens in both units and two of the three bathrooms have already been gutted, providing a blank canvas for your vision. The first-floor unit features 1-2 bedrooms, 1 full bath, high ceilings, and abundant natural light through oversized living and dining room windows. The upper unit spans the second and third floors and offers 3 bedrooms and 2 full baths. A spacious backyard presents potential for an accessory dwelling unit (ADU), subject to municipal approval, creating additional income possibilities. Conveniently located near Eastern Avenue with easy access to shopping, dining, public transportation, and major routes. Bring your ideas and unlock this property's potential!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$319/sqft
Local Avg (Malden)$384/sqft
17% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Malden, MA.

Property Details

Financials

Original Price$850,000
Annual Taxes$9,207

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms11
FireplacesNone
FlooringWood
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningResA

Property & Lot

Acres0.18
SqFt Lot7,985
Lot FeaturesGentle Sloping

Geography

Population

65,906

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$101K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

58.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Mark Hutchinson

Listing Office: Brad Hutchinson Real Estate

MLS® Number: 73546471

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