New Listing
In-Person: 09/26 12:00 PM - 1:30 PMIn-Person: 09/27 11:00 AM - 12:30 PM
Description
Great investment opportunity in Malden! Conveniently located near Oak Grove Orange Line Station and steps from MBTA bus service, offering easy access throughout Greater Boston. This well-maintained 6-unit multifamily is ideally located just off Main St in a thriving, well-established rental market and generates over $138k in revenue. Approximately 5,499 sq ft across three levels, the property features a desirable unit mix of two 1-bedroom units, one studio, and two 2-bedroom units. Significant upgrades completed in 2024 include high-efficiency heating systems, on-demand hot water, a new roof, new driveway and walkway, plus renovated unit interiors with updated kitchens, electrical, flooring, and plumbing. Additional features include on-site basement laundry and three off-street parking spaces. A strong addition to an investment portfolio in an established Malden rental market.
Details
| MLS # | 73582174 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1885 |
| Days On Site | 2 |
| Listing Provided By | Blue Ocean Realty, LLC | Rose Hall |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,282 |
| Basement | Y |
| Story(s) | 7 |
| Units | 6 |
| Zoning | ResA |
| Acreage | 0.23 |
Interior
| Rooms Total | 16 |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard |
| Interior Features | Living RM/Dining RM Combo, Living Room, Dining Room, Loft |
| Appliances | Range, Microwave, Refrigerator |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Vinyl, Laminate |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Stone |
| Lot Features | Level |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Off Street |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Gas Range, for Electric Range |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 10817 |
|---|---|
| Tax Assessed Value | 955600 |
| Tax Block | 854 |
| Tax Lot | 437 |
| Tax Year | 2025 |
| Tax Map Number | 047 |
Location
| Community Features | Public Transportation, Shopping |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Middlesex |
| City | Malden |
| Zip Code | 02148 |
| Area | Middlesex |
| Listing VS Median (in 02148) | |
Price: $1,849,000 low | high Med: $5,000 sqft: 3,282 low | high Med: 3,250 $ / sqft: $563 low | high Med: $2 On site: 2 low | high Med: 80 | |
Market Activity 02148
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Learn More About This Property
| Open House |
|---|
| In-Person 09/26 12:00 PM - 1:30 PM |
| In-Person 09/27 11:00 AM - 12:30 PM |
| State | MA |
|---|---|
| County | Middlesex |
| City | Malden |
| Zip Code | 02148 |
| Area | Middlesex |
| Listing VS Median (in 02148) | |
Price: $1,849,000 low | high Med: $5,000 sqft: 3,282 low | high Med: 3,250 $ / sqft: $563 low | high Med: $2 On site: 2 low | high Med: 80 | |
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