468 Salem St
$1,375,000
6
Beds
4
Baths
2,671
Sqft
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$1,375,000
6
Beds
4
Baths
2,671
Living Area
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Property Description
Turnkey 4-family investment opportunity rebuilt from the studs in 2016 with modern systems, updated finishes and low-maintenance ownership appeal. Ideal for investors seeking strong rental stability or owner-occupants looking to offset living costs with solid in-place income. Positioned on bustling Salem St with an MBTA bus stop directly at the doorstep and easy access to Malden Center/Oak Grove Orange Line stations for seamless commuting into Boston. Convenient to Route 60, Route 1, I-93, and downtown Boston, making this a prime location for tenants. Street parking and minimal landscaping significantly reduce ongoing maintenance and operating expenses. A rare opportunity to own a newer-construction multifamily asset in a high-demand rental market with excellent transit connectivity and long-term appreciation potential.
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Highlights
- Levels: 4
- Property Type: 4 Family
- Total Rooms: 16
- Status: Active
- Property Class: Residential Income
- Stories: 4
- Year Built: 1930
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Additional Details
- Construction: Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
- Flooring: Hardwood
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: ResA
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, Public School, T-Station
- Parking Features: Paved Drive
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $924,200
- Taxes: $10,462
- Tax Year: 2025
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