$1,980,000
OPEN SAT 12PM - 2PM

Estimated payment $11,762/month

Total Views 3,441,046
12 Beds
6 Baths
5,814 Sq Ft
$341 Price per Sq Ft

About This Home

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 $110k 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.

Listing Agent

ZhiChao Chen

Space Realty

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,045

Year Built

  • Built in 1954

Home Design

  • 5,814 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking

Additional Features

  • Porch
  • 3,716 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number M:030 B:136 L:639,593073

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $109,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,045

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1954
  • Levels: 9
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: OpenHouse
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Above Grade Finished Sq Ft: 5814
  • Living Area: 5814
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN7192
  • LIST PRICE PER Sq Ft: 340.56
  • PRICE PER Sq Ft: 340.56

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:030 B:136 L:639,593073
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3716
  • Lot Size Units: Acres
  • PAGE: 429
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15045
  • Tax Book Number: 82127

Multi Family

  • Gross Income: 109800
  • Net Operating Income: 109800
  • Number Of Units Total: 6
  • Total Actual Rent: 9150
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Map

Range of Values:

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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 Change Sq Ft Price
05/08/2025 05/08/25 For Sale $1,980,000 -- $341 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

About the Listing Agent

ZhiChao Chen

Space Realty

(339) 500-6252

Section Image

Real Estate Agent based in Brighton, Massachusetts.

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    • 2 Baths
    • 1,092 Sq Ft
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  • 191 Washington St Unit 517, Boston, MA 02135

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73371958

MLS Property Information Network (MLS PIN)