Luxury Real Estate Group Boston > Malden > 14-16 Ripley St

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

14-16 Ripley St

Malden, MA

Property Description

Great investment opportunity in Malden! Conveniently located near Oak Grove Orange Line Station and steps from MBTA bus service, offering easy access throughout Greater Boston. This well-maintained 6-unit multifamily is ideally located just off Main St in a thriving, well-established rental market and generates over $138k in revenue. Approximately 5,499 sq ft across three levels, the property features a desirable unit mix of two 1-bedroom units, one studio, and two 2-bedroom units. Significant upgrades completed in 2024 include high-efficiency heating systems, on-demand hot water, a new roof, new driveway and walkway, plus renovated unit interiors with updated kitchens, electrical, flooring, and plumbing. Additional features include on-site basement laundry and three off-street parking spaces. A strong addition to an investment portfolio in an established Malden rental market.

offered at

$1,849,000

  • Status: New
  • Listing ID: 73582174
  • Bedrooms: 10
  • Full Baths: 6
  • Living Area: 3,282 sqft Convert
  • Lot Size: 10,018 sqft Convert
  • Acres: 0.23

Additional Details

Type: Multi-Family, Multi Family

Zip Code: 02148

Levels: 7

Parking

Garage Capacity: 3

Parking: Paved,Off Street

Parking Spaces: 3

Rooms and Dimensions

Total Units: 6

Total Floors: 7

Total Rooms: 16

Has Basement: Yes

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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