Exceptional opportunity to own a spacious three-family property in the heart of Malden. This well-sized multi-family offers a total of 5 bedrooms with a versatile unit mix of (2-2-1), 3 full bathrooms. This property features off-street parking, separate living spaces with strong rental or owner-occupant potential, and a full basement with both interior and exterior access. Laundry hookups are available in Unit 3, while Units 1 and 2 have laundry hookups located in the basement for added convenience.The layout offers functional living spaces with solid room sizes and flexibility for investors or owner-occupants looking to offset expenses with rental income. Conveniently located near area amenities, public transportation, shopping, restaurants, schools, and major commuter routes. E-Furnished Marketing Photos were used to show the homes potential.
Location, Location, Location!! Exceptional - 9 family apartment building. Great investment opportunity. On the bus line. Close to downtown Malden. Less than one mile from Malden Center T Station - the orange line. Complex consists of two studios, five one bedrooms and two one bedroom plus office room. Large parking lot with three garages. Fully occupied building. Perfect for 1031 exchange.
Tremendous opportunity in this large Malden 2 family! Situated in the heart of Malden, this home offers easy access to restaurants, shops, public transportation & Boston. The spacious 3 bedroom upstairs unit has 2 levels: double parlor w/ heart pine flooring & fireplace, applianced eat-in kitchen, bedroom w/ closet & extra walk in closet & f bath w/ ceramic tile floor. On the top floor, kneewall storage everywhere in both the large common room w/ vaulted ceilings, wooden architectural details & pendant lighting & in the 2 generous bedrooms. The 1st floor unit is spacious w/ 2 bedrooms, kitchen, living room & full bath. The wide open basement has a double utility sink, washer & dryer, two natural gas heating/cooling units, natural gas hot water tanks, circuit breakers & public water & sewerage. Upgrades include new windows, architectural roof, vinyl siding & mortared foundation. Fully fenced w/ gated driveway for 3 & a stucco 1 bay garage. Being delivered vacant and in as-is condition.
Malden is located in Massachusetts. Malden, Massachusetts has a population of 65,602. Malden is less family-centric than the surrounding county with 32.82% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Malden, Massachusetts is $77,119. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Malden is 34.9 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 48 inches per year, with 47.5 inches of snow per year.
