$1,980,000
12
Beds
6
Baths
5,814
Living Area
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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.
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Highlights
- Levels: 9
- Property Class: Residential Income
- Stories: 9
- Year Built: 1954
- Parking Spots: 3
- Property Type: 5-9 Family
- Total Rooms: 24
- Status: Active
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Additional Details
- Construction: Frame
- Roof: Shingle
- Total Number of Units: 6
- Year Built Source: Public Records
- Foundation: Stone
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: ResA
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Amenities
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,287,000
- Taxes: $15,045
- Tax Year: 2024
- Total Rent: $9,150
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