Unit Information
Great investment opportunity, this six unit multi-family is perfectly located right off Main St in the thriving and well established Malden market. Cap rate 6.5%. Great commuter location near the Orange line Oak Grove station, steps away from the MBTA bus stops, and has 3 off-street parking spaces as well, providing flexibility for commute. Well-maintained property with approximately 5,499 sq ft for 6 units total over 3 levels, including 3 One Bedrooms, 1 Studio, and 2 Townhome style Two Bedrooms. The basement level features an on-site laundry room. The property was significantly upgraded in 2024 with high-efficiency heating systems and on-demand hot water, a new roof, a newly installed driveway and walkway, and renovated unit interiors including kitchens, electrical, flooring, and plumbing. Great opportunity for a flexible portfolio addition in a well-established rental market.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5+ Family - 5+ Units Side by Side
- Zip Code: 02148
- Levels: 7
- Parking
- Garage Capacity: 3
- Parking: Off Street
- Parking Spaces: 3
- Rooms and Dimensions
- Total Units: 6
- Total Floors: 7
- Total Rooms: 16
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$1,849,000
- Status: New
- Listing ID: 73485930
- Bedrooms: 10
- Full Baths: 6
- Living Area: 3,282 sqft Convert
- Lot Size: 10,018 sqft Convert
- Acres: 0.23
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |