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$ 1,980,000
Est. payment | /mo
12 Beds
6 Baths
5,814 SqFt
$ 1,980,000
Est. payment | /mo
12 Beds
6 Baths
5,814 SqFt
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,814 sqft
Price per Sqft $340
MLS Listing ID 73282097
Bedrooms 12
Full Baths 6
Year Built 1954
Annual Tax Amount $15,045
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Location! Location! Location! prime 6-unit investment property located just steps from the Malden T Station on the Orange Line, offering quick and easy access to downtown Boston. This vibrant and growing city is increasingly attracting professionals seeking convenient living options close to the heart of Boston. Each of the six spacious units features 2 bedrooms and 1 bathroom, making them highly desirable in this sought-after area. The property currently generates $109k annually in rental income, with the potential to increase to $180k annually based on market rent estimates. This is a rare opportunity to acquire a turnkey investment with significant upside in a high-demand location. schedule a viewing and explore this exceptional investment opportunity.
Location
State MA
County Middlesex
Zoning ResA
Direction use navigation
Exterior
Roof Type Shingle
Total Parking Spaces 3
Garage No
Building
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Space Realty
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Joe And Jocelyn Maggi
REALTOR® | Lic# 9088667 | 9555634