563 Lynn - St
$999,888
5
Beds
2
Baths
2,128
Sqft
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$999,888
5
Beds
2
Baths
2,128
Living Area
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Property Description
Rare opportunity in booming Malden! This spacious and well-cared-for 2-family is ideal for investors or owner-occupants looking to maximize rental income and long-term value. Unit 1 features 2 bedrooms, hardwood floors, in-unit laundry, and is rented TAW at $2,500/month. Unit 2 offers 3 bedrooms, dining room, in-unit laundry, and access to a semi-finished attic with a bonus room. A detached garage, full basement, and oversized lot provide endless expansion options. Previously approved (expired) for a single-family build, the property also presents strong ADU potential and become up to 5 dwelling total. A true multi-option gem just minutes from Boston. Buyer to perform due diligence.
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Highlights
- Heating: Natural Gas
- Parking Spots: 6
- Property Type: Multi Family
- Total Rooms: 10
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
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Additional Details
- Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer
- Exclusions: Washers And Dryers - But Negotiable
- Foundation: Stone, Brick/Mortar
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Unfinished
- Flooring: Tile, Hardwood
- Interior Features: Living Room, Kitchen, Laundry Room, Dining Room
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: ResA
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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
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 1
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $594,400
- Taxes: $6,729
- Tax Year: 2025
- Total Rent: $5,300
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Listing information provided courtesy of Century 21 North East.
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