Single Family · Fixer

41 Henry St

Malden, MA 2148 · MLS 73587982

$398,000

2 bd · 1 ba · 672 sqft

  • Beds2
  • Baths1
  • Sq Ft672
  • Year1961
  • StyleRanch
  • $ / Sq Ft$592
  • HOA—
  • Taxes$4,731
  • Parking—
  • Lot2335.0
  • MLS73587982
  • StatusActive

About this home

Opportunity knocks in Malden! This 2-bedroom, 1-bath single-family home offers 672 square feet of living space and a chance for the right buyer to create something entirely new. An estate sale being offered in its current condition, 41 Henry Street is not a cosmetic fixer. It is a project property requiring significant renovation, resources and vision.The home has substantial deferred maintenance, there is currently no heat connected, and the interior requires extensive cleaning and renovation. Buyers should also be aware that a strong pet odor permeates the home. This property is best suited for a contractor, investor, experienced renovator or well-capitalized owner-occupant who understands the scope of work involved and is prepared to make the necessary improvements.The opportunity? A freestanding single-family home in Malden with convenient access to Boston and the surrounding communities. At just 672 square feet, the compact footprint offers an interesting alternative for someone who would rather put money and effort into a small home of their own than purchase a condominium or take on a much larger renovation. Reimagine the existing space, investigate the possibilities, and create a home that works for today's lifestyle.For the investor, this may be an opportunity to renovate and reposition a small single-family property in a highly desirable Greater Boston location. For the owner-occupant with the financial resources, patience and imagination to take on a substantial project, it offers the chance to build equity while creating a home to their own specifications.Bring your contractor, your ideas and your imagination, but come prepared for a project. The value here is not in the home's present condition; it is in what the property could become in the hands of the right buyer.Property is being sold AS IS as part of an estate. Buyers and buyers' agents must perform their own due diligence regarding property condition, systems, financing and intended improvements. Financing options may be limited due to the current condition of the property and the lack of connected heat.

AI comment

This is a high-scope renovation opportunity rather than a move-in-ready home. Its appeal is the chance to control the redesign of a small freestanding home in Malden, with convenient access to Boston and nearby communities. The current condition, lack of connected heat, and disclosed pet odor make it best suited to contractors, investors, or buyers with strong cash reserves and renovation experience. Buyers should approach it as an as-is project where due diligence on condition, systems, financing, and feasibility will determine whether the upside justifies the work.

PROS
- Freestanding single

Features

  • Fenced Yard

Location

DirectionsMore in Malden

More about Malden

Malden Profile Snapshot
Primary Vibe Diverse and family-friendly city with Orange Line access, parks, and residential streets. Popular with buyers seeking relative value and transit convenience.
Housing Prices More approachable than many closer areas. Prices vary by condition and location. Multi-family homes offer rental potential.
Commute to Boston Orange Line terminus provides direct access. Bus and driving options exist. Parking is generally more available than downtown.
Schools Served by Malden Public Schools. Confirm assignments with the district.
Market Demand supported by transit and location. Updated properties near the Orange Line attract interest.
Housing Styles Single-family homes, condominiums, multi-family properties, and townhouses. Condition varies.

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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.