COMING SOON
OPEN HOUSE SUNDAY APRIL 26 11:30 TO 1:30
118 Elwell Street, Malden, MA
Offered at $664,000
Maplewood Highlands Neighborhood
A Classic Cape with Exceptional Potential
Welcome to 118 Elwell Street, a classic Cape Cod–style home ideally situated in one of Malden’s desirable neighborhoods. Built in 1962, this well-proportioned residence offers 1,456 square feet of living space and presents a rare opportunity for buyers to create value while customizing a home to their personal vision.
Set on a generous 7,200 square foot lot, the property provides ample outdoor space for expansion, landscaping, or entertaining—making it equally appealing to homeowners and investors alike.
Property Highlights
- 3 Bedrooms | 2 Full Bathrooms
- 1,456 Sq. Ft. of Living Space
- 6 Total Rooms with Functional Layout
- Fireplace
- Full Basement with Walk-Out Access
- Fenced Yard with Porch and Gutters
- Off-Street Parking (2 Spaces)
- Public Utilities (Water & Sewer)
Interior Features
The home offers a practical and inviting layout designed for everyday living. The main level includes a living room, dining room, kitchen, primary bedroom, and full bath, while the second floor provides two additional bedrooms and a second full bathroom.
Additional interior features include:
- Wall-to-wall carpeting, tile, and vinyl flooring
- Cable availability
- Sheetrock and plaster finishes
- Washer hookup and modern electrical system (circuit breakers, 100 amps)
Exterior & Systems
- Durable vinyl siding
- Asphalt shingle roof
- Poured concrete foundation
- Oil heat with hot water baseboard system
- Tankless hot water
- Insulated windows and storm doors
Location & Lifestyle
Conveniently located in the Maplewood Highlands area, this home offers easy access to:
- Public transportation
- Major highways
- Shopping and dining
- Public and private schools
Additional Benefits
- 13-Month Home Warranty Included at No Cost to Buyer
- Potential property tax reduction of $3,361.34 annually for owner-occupants (with exemption application)
A Smart Investment Opportunity
With solid construction, “good bones,” and timeless appeal, 118 Elwell Street is an ideal opportunity for buyers looking to build equity through updates and improvements. Whether you are a homeowner seeking to personalize your space or an investor searching for your next project, this property offers tremendous upside potential.
Schedule Your Private Consultation
This property is currently being prepared for market. For more information or to discuss this opportunity in detail, contact:
Danca Realty, Inc.
📞 (781) 321-0180
👤
Listing Agent: John King Email: rwda@aol.com
Buyer Agent: Ron Rossi / Email: rwdr@aol.com
All information is deemed reliable but not guaranteed and is based on public records and third-party sources.
LET US FIND YOUR DREAM HOME
An Agent Dedicated to Finding Your Dream Home
When you contract with us, as your Buyer's Representative, we can make the process of house hunting much easier and more efficient than if you did it all yourself. We can help you determine your budget, prioritize a list of the essential features that you need in your next home and show you all the properties on the market. We'll save you valuable time by finding the properties that best suit your requirements.
Once you've found a place that catches your eye, we'll look at comparable properties in the area to help determine a purchase price offer. Then we will negotiate on your behalf with the seller to make sure you get the most favorable terms.
Financing That Dream Home
We can show you financing options including a
closing cost credit program.
Contact us to get the process started.
BUYING IN TODAY'S MARKET
Looking for a home in today's competitive market can be difficult. We understand the current market and being a leader in the industry we can help you locate and purchase your dream home for the best possible price. Together we will determine what your dream home includes and we will find and show you your dream home options!
Starting August 17, real estate professionals will no longer be able to communicate offers of compensation through the MLS. However, consumers can still pursue compensation offers through negotiations and consultations with their real estate professionals outside the MLS.
MLS policies have been updated to reflect these changes as part of a proposed settlement agreement.

Charlie Lee, NAR’s senior counsel and director of legal affairs, outlines several ways real estate professionals can negotiate and communicate offers of compensation:
- Marketing: If the listing broker or seller offers compensation to the buyer’s broker, the listing agent can share this offer through marketing materials like flyers, signs, or emails.
- Website Displays: Brokers can show offers of compensation for their own listings on their websites. They must not display offers of compensation for other brokers' listings unless the information is not sourced from MLS data or an MLS feed.
- Seller Concessions: Sellers can offer concessions to buyers for things like covering closing costs or the buyer’s agent commission. If allowed by the local MLS, these concessions can be listed in designated MLS fields but cannot be conditioned on using or paying a buyer broker.
- Negotiations: Buyers can ask their agents to include broker compensation as part of the purchase offer terms.
- Buyer Agreements: Under NAR’s proposed settlement agreement, buyers and their agents must enter into written agreements before touring homes. These agreements will specify the compensation for using the buyer broker’s services.
