Active
3 Days on market
23 Bowdoin St Malden — Photo 1 of 36

23 Bowdoin St Malden — Photo 1 of 36

$899,000

Investment Analysis — 23 Bowdoin St

Malden, MA 02148 — Faulkner

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02148 carries an estimated $4,010/mo in gross rent — about a 3.06% cap rate and $27,475/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,056

Style

Single Family

Built

1950

Welcome to 23 Bowdoin Street, a spacious four-bedroom single-family home offering the perfect combination of city convenience and exceptional outdoor living. Ideally located just minutes from downtown Malden with easy access to Boston, this home offers a flexible, functional layout designed for everyday living and entertaining. The main level features hardwood floors, a spacious living and dining area, kitchen with direct access to the deck, a dedicated home office, bonus gym/flex space and half bath. Upstairs, you'll find four generously sized bedrooms and two full baths, including an impressive primary suite with an oversized bedroom and spacious en-suite bath. But the real showstopper is outside. The fully fenced backyard offers multiple spaces to entertain and unwind, including a large deck for outdoor dining and lounging, an expansive yard, and a separate covered bar area —creating your own private entertaining space right at home. With room to work, host, relax and spread out, all while keeping downtown Malden and Boston within easy reach, this home offers the space of suburban living without sacrificing access to the city- the best of both worlds!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,056 sq ft principal dwelling). Lot size: 7,096 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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

Original Price$899,000
Annual Taxes$9,096

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms11
Fireplaces1
FlooringTile, Hardwood
BasementNone

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationSlab
ZoningResA

Property & Lot

Acres0.16
SqFt Lot7,096
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
OfficeBathroom 1
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

20.25 x 11.333333333

Bathroom - Half, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,First

10.666666666 x 11.333333333

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Lighting - Pendant, Lighting - Overhead

Kitchen
Lvl Main,First

15.333333333 x 12

Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Balcony / Deck, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead

Office
Lvl First

10.833333333 x 7.75

Master Bedroom
Lvl Second

12.583333333 x 21.333333333

Closet, Closet/Cabinets - Custom Built, Flooring - Laminate, Window(s) - Bay/Bow/Box, Lighting - Pendant, Lighting - Overhead

Bedroom 2
Lvl Second

12.416666666 x 13.916666666

Bedroom 3
Lvl Second

14.083333333 x 13.75

Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead

Bedroom 4
Lvl Second

15.666666666 x 10.25

Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead

Bathroom 1
Lvl First

4.083333333 x 7.75

Bathroom - Half, Ceiling Fan(s), Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

6.416666666 x 10

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Laminate, Lighting - Overhead

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Bathroom - With Shower Stall, Bathroom - With Tub & Shower, Ceiling Fan(s), Window(s) - Bay/Bow/Box, Lighting - Overhead

Listing Provided By

Listing Agent: Witter & Witter Boston / Cape Cod Connection

Listing Office: Compass

MLS® Number: 73573981