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722 Highland Ave

Malden, MA 02148
$923,000
4 Beds
3 Baths
2,013 Living Area
  • Property Description
    Incredible location approximately 1 mile from Oak Grove Station, I-93, the hiking trails at Middlesex Fells Reservation, and walking distance to Fells Pond!! This well maintained two family home is ideal for an investor as both units are currently cash flowing! If you are an owner occupant, Unit 1 (one bedroom unit) could be delivered vacant. The 3 bedroom (second floor) unit is currently rented through Aug 2027 at $3,000 per month. The 1 bedroom (first floor) unit is rented via tenant at will for $1,950 per month. First floor unit contains a one bedroom apartment with a walk-in closet, a large mud room/bonus closet space, eat-in kitchen, in unit laundry, and private outdoor deck. Second unit contains 3 bedrooms on two floors, two bathrooms, in unit laundry, large open-concept living room that can also accomodate dining space, and two private outdoor balconies. The units are serviced by a parking lot in the back that can comfortably fit 3 cars, or 4 with a tandem spot. Main roof done in 2023. Please allow 24-48 hours notice for all showings!
  • Highlights
    • Cooling: Wall Unit(s)
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1880
    • Heating: Forced Air, Natural Gas
    • Parking Spots: 3
    • Property Type: 2 Family - 2 Units Up/Down
    • Total Rooms: 10
    • Status: Active
  • Additional Details
    • Appliances: Range, Refrigerator, Freezer, Washer, Dryer
    • Exterior Features: Balcony/Deck
    • Foundation: Stone
    • Lot Features: Steep Slope
    • Total Number of Units: 2
    • Year Built Source: Public Records
    • Basement: Dirt Floor
    • Flooring: Hardwood
    • Interior Features: Walk-In Closet(s), Bathroom With Tub & Shower, Slider, Ceiling Fan(s), Open Floorplan, Living Room, Kitchen, Laundry Room, Mudroom
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: ResA
  • Amenities
    • Community Features: Public Transportation, Highway Access, Public School, T-Station
    • Parking Features: Off Street
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $847,500
    • Tax Year: 2026
    • Total Rent: $4,950
    • Rental Fee Includes: Unit 1(Water)
    • Taxes: $9,662

Location

722 Highland Ave, Malden, MA 02148

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