NOT LISTED FOR SALE
10 Beds
6 Baths
5,363 Sq Ft
4,792 Sq Ft Lot

Last Sold January 02, 2025

Last sale price $1,850,000 $345 Per Sq Ft

34 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Tennis Courts
  • Property is near public transit and schools
  • Solid Surface Countertops
  • 4-minute walk to John M. Devir Park

About This Home

As of January 2025

Discover 163 West Street, a rare four-family residence built in 2002, offering tremendous potential for both investors and owner-occupants. Located in a sought-after Malden neighborhood, this pristine property is primed for condo conversion. Conveniently situated between Malden and Wellington Stations, it features a durable 40-year asphalt shingle roof, a solid poured concrete foundation, and energy-efficient Harvey double-paned windows. The modern updates include stylish kitchens and bathrooms, a sprinkler system for safety, ample parking, in-unit and common laundry, and an on-demand hot water heater.The layout includes two two-bedroom, one-bathroom units on the first level and two townhome-style three-bedroom, two-bathroom units on the second and third levels. With over 5,000 square feet of living space, this property combines modern amenities with a prime location, making it a remarkable opportunity for rental income or personal residence.

Last Agent to Sell the Property

Jaclyn Wells

Leading Edge Real Estate Listed on: 10/09/2024

Leading Edge Real Estate

Co-Listed By

Rodrigo Serrano

Leading Edge Real Estate

Leading Edge Real Estate

Last Buyer's Agent

Rodrigo Serrano

Leading Edge Real Estate

Leading Edge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,743

Year Built

  • Built in 2002

Lot Details

  • 4,931 Sq Ft Lot
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 5,363 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Schools

  • Malden High School

Utilities

  • Forced Air Heating and Cooling System
  • 4 Cooling Zones
  • 4 Heating Zones
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Additional Features

  • Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,600
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:037 B:184 L:406,593576

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • Shops
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,743

Year Built

Built in 2002

Lot Details

4,931 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 2002
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Laundry Room, Ceiling Fan(s), Pantry, Storage, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Open Floorplan, Walk-In Closet(s), Living Room, Kitchen, Living RM/Dining RM Combo, Dining Room
  • Fireplace YN: No
  • Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range, Washer, Dryer
  • Total Bedrooms: 10
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 5363
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4643
  • MAIN SO: AN4643

Exterior Features

  • Construction Materials: Frame, Stone
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 4
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:037 B:184 L:406,593576
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4931
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14743

Multi Family

  • Net Operating Income: 28800
  • Number Of Units Total: 4
  • Total Actual Rent: 4600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 4
  • LEVELS 4: 2
  • LEVELS 3: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

MLS Schools

  • High School: Malden Hs
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2025 01/02/25 Sold $1,850,000 +8.8% $345 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $1,700,000 -- $317 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $153 $1,355,100 $296,100 $1,059,000
2024 $14,743 $1,261,200 $279,700 $981,500
2023 $14,379 $1,179,600 $255,000 $924,600
2022 $13,552 $1,097,300 $230,300 $867,000
2021 $13,182 $1,072,600 $205,600 $867,000
2020 $13,243 $1,046,900 $198,600 $848,300
2019 $12,653 $953,500 $189,200 $764,300
2018 $12,137 $861,400 $156,300 $705,100
2017 $11,000 $776,300 $150,100 $626,200
2016 $10,853 $715,900 $137,800 $578,100
2015 $10,335 $657,000 $131,200 $525,800
2014 $9,480 $588,800 $119,300 $469,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73300662

MLS Property Information Network (MLS PIN)
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