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5 Beds
3 Baths
3,297 sqft

$1,050,000

323 Bainbridge St, Malden MA, 02148

Price per sqft$318.47
Built in1890
Property size3,297 sqft
Property typeMulti-family

Overview

Active

New

Listed Sep 22, 2026

Updated 12h ago

Turn-key two family. Two units, two levels each. One is vacant and ready for you. This Forestdale home fits an owner occupant or an investor. Move into the open unit and let the other help pay the mortgage. Or set your own rent from day one and run it as a full income property. Owner occupants may qualify for Malden's residential tax exemption. Unit 1 lives like a townhouse. The main floor has a great layout, hardwood floors, and a kitchen with quartz counters and stainless steel appliances. A spiral staircase leads down to a finished walk-out lower level with a second full bath, flexible living space, and laundry. Unit 2 takes the top two floors. The living room opens to a cathedral ceiling kitchen with a skylight. It has three bedrooms, one on the main level and two on the upper level, plus laundry in the unit. Each unit has its own entrance and its own high-efficiency gas system for heat and on-demand hot water. The fenced, two-tier paver patio gives you room to cook out, relax, and entertain. It has raised garden beds and a screened gazebo. There is no grass to mow, so upkeep stays easy. You also get four off-street parking spaces on a 5,044 square foot lot. The location does the rest. Oak Grove Station is about 0.8 miles away with the Orange Line and the Haverhill commuter rail. Malden Center is about 1.3 miles. Recent MBTA track and signal work means faster trains into Boston. Route 1, I-93, and Logan Airport are all close. Pine Banks Park is nearby with 108 acres of trails, ball fields, and a dog park. Trafton Park, the Middlesex Fells, and the Northern Strand bike trail are close too. Downtown Malden's restaurants are minutes away, and the new Malden River Works park opens this October. Forestdale School, K to 8, is about half a mile away. MelroseWakefield Hospital is a short drive. And Bainbridge Street is a local favorite on Halloween night. Take the 3D tour. Showings start September 26. Excellent turn-key opportunity!

$6,986/mo

Est. mortgage payment based on a $1,050,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73581104

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$11,066
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Gregory Anderson with A. C. B. Realty Inc.

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Data last updated 7:38 AM UTC, 9/23/2026

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