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13 photos
Additional details
$1,980,000
Est. payment /mo
12 Beds
6 Baths
5,814 SqFt
OPEN HOUSE
Sat May 10, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,814 sqft
Price per Sqft $340
MLS Listing ID 73371958
Bedrooms 12
Full Baths 6
Year Built 1954
Annual Tax Amount $15,045
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type 5-9 Family
Property Description
Location! Location! Location! prime 6-unit investment property located just steps from the Malden T Station on the Orange Line, offering quick and easy access to downtown Boston. This vibrant and growing city is increasingly attracting professionals seeking convenient living options close to the heart of Boston. Each of the six spacious units features 2 bedrooms and 1 bathroom, making them highly desirable in this sought-after area. The property currently generates $110k annually in rental income, with the potential to increase to $180k annually based on market rent estimates. This is a rare opportunity to acquire a turnkey investment with significant upside in a high-demand location. schedule a viewing and explore this exceptional investment opportunity.
Location
State MA
County Middlesex
Zoning ResA
Direction use navigation
Exterior
Roof Type Shingle
Total Parking Spaces 3
Garage No
Building
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Space Realty