Sold!
$1,457,000
4
Beds
4/1
Baths
4,635
Living Area
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Property Description
This five unit building is situated on a large corner lot with 15 parking spaces, blocks from vibrant Malden Center and MBTA Station. Malden Center is undergoing a magnificent transformation with new shops, restaurants and entertainment. Four nicely-sized one bedroom units and a five room office suite in the basement make up this well maintained property. Room to expand into the third floor from one of the second floor units. In building coin-operated laundry, strong rental history, and easy access to major highways, public transportation & local amenities. Two second floor units have lead compliance and are currently vacant. Basement Office space is also vacant, includes central ac and has been freshly painted. Opportunities like this don't come along every day. Fantastic opportunity for Investors!
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Highlights
- Area: West End
- Heating: Unit 1(Forced Air, Electric), Unit 2(Electric Baseboard, Electric), Unit 3(Electric Baseboard), Unit 4(Electric Baseboard)
- Property Class: Residential Income
- Total Rooms: 18
- Status: Closed
- Cooling: Unit 1(Central Air)
- Parking Spots: 15
- Property Type: 5+ Family - 5+ Units Up/Down
- Year Built: 1938
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Additional Details
- Appliances: Washer, Dryer, Unit 2(Range, Dishwasher, Microwave, Refrigerator), Unit 3(Range, Dishwasher, Microwave, Refrigerator), Unit 4(Range, Dishwasher, Microwave, Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
- Construction: Frame
- Exterior Features: Gutters
- Foundation: Irregular
- Lot Features: Corner Lot, Level
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: Ro
- Basement: Full, Partially Finished, Walk-Out Access
- Exclusions: Sellers Personal Belongings. Tenants Personal Belongings.
- Flooring: Tile, Carpet, Varies Per Unit, Laminate, Hardwood, Unit 1(undefined), Unit 2(Wall to Wall Carpet), Unit 3(Tile Floor, Wall to Wall Carpet), Unit 4(Tile Floor, Hardwood Floors, Wall to Wall Carpet)
- Interior Features: Unit 1(Storage, High Speed Internet Hookup), Unit 2(Pantry, High Speed Internet Hookup, Bathroom with Shower Stall), Unit 4(Ceiling Fans, Lead Certification Available, Bathroom With Tub & Shower), Unit 1 Rooms(Office/Den), Unit 2 Rooms(Living Room, Kitchen, Office/Den), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
- Road Frontage Type: Public
- Total Number of Units: 5
- 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, Public School, T-Station, Sidewalks
- Parking Features: Paved Drive, Off Street, Leased, Paved
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,260,300
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $7,665
- Buyer Agent Compensation: 2.0%
- Rental Fee Includes: Unit 2(Hot Water), Unit 3(Hot Water, Other (See Remarks))
- Taxes: $15,363
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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 RE/MAX Unlimited.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
