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$750,000
5
Beds
2
Baths
1,600
Living Area
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Property Description
This two-unit value-add multifamily property is located in Malden, MA. Situated just five miles north of Boston, 374 Broadway is strategically positioned in well located, growing submarket with high upside potential. This multifamily property consists of two units across +/-3,000 GSF. Unit 1 consists of a two bedroom layout and unit 2 consists of a three bedroom layout. The property features off street parking in the rear of the building for 3 vehicles. 374 Broadway offers investors high upside potential through a value-add business plan upon acquisition. Through in-unit upgrades and common area renovations, investors can maximize their rental income. Additionally, 374 Broadway appeals to potential owner occupiers who are looking to occupy one unit for their own personal use.
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Highlights
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1880
- Heating: Forced Air
- Parking Spots: 3
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 13
- Status: Closed
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Additional Details
- Appliances: Washer, Dryer
- Construction: See Remarks
- Flooring: Tile, Vinyl, Carpet, Varies
- Interior Features: Mudroom, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Res A
- Basement: Interior Entry, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Other
- Lot Features: Level
- Roof: Other
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
- Parking Features: Paved Drive, Off Street, Driveway, Paved
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Utilities
- Electric: Other (See Remarks)
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $508,600
- Taxes: $1
- Tax Year: 2024
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Harmony Hill Realty LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
