$899,000
Investment Analysis — 44 Watts St
Malden, MA 02148
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 02148 carries an estimated $5,710/mo in gross rent — about a 4.84% cap rate and $43,473/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,361
Style
2 Family - 2 Units Up/Down
Built
1930
On a quiet street in Malden, you'll find this beautiful two-family home located in the highly desirable Edgeworth neighborhood. Unit 1 has a spacious eat-in kitchen, large living room, flexible dining room/den and bedroom. The upper unit, with two levels, has a renovated eat-in kitchen with newer cabinets, appliances and quartz countertops, living room which leads to an open front porch, dining room, 3 bedrooms and bath, updated flooring, fresh paint. With the recently rebuilt front porches, and the lovely yard, this home offers residents pleasant outdoor spaces. Both units come with off-street parking. Exterior was painted in 2026. An excellent opportunity for those looking to make this house their new home, as well as for investors seeking rental income, with one unit move-in ready and the other with a great tenant offering great potential for appreciation.
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Dishwasher • Disposal
Neighborhood
Shopping • Park • Laundromat • Conservation Area • Private School • Public School
Geography
Listing Agent: Steven Savarese
Listing Office: Senne
MLS® Number: 73578929
