NOT LISTED FOR SALE
3 Beds
6 Baths
3,944 Sq Ft
7,405 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $1,050,000 $266 Per Sq Ft

87 Days on Market

Highlights

  • Property is near public transit and schools
  • Coin Laundry
  • 2-minute walk to Northern Strand Bike Path
  • Shops

About This Home

As of April 2022

Your next investment in Malden is here! 270-272 Broadway presents an opportunity for the savvy investor to add this asset to their portfolio. Positioned just outside of Maplewood Square in a transit oriented location. The building is on a corner lot just over 7,400 sqft with ample parking. The building itself is comprised of three residential 1 bedroom units and 1 commercial space currently occupied by a salon. The commercial space and 2/3 of the residential units are TAW. (Attached are the financials.)

Last Agent to Sell the Property

The Pezzano Group

Rise Signature Homes Listed on: 12/06/2021

Last Buyer's Agent

Helen Praysman

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,619

Year Built

  • Built in 1940

Lot Details

  • 7,405

Home Design

  • 3,944 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

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

Additional Features

  • 7,405 Sq Ft Lot
  • Property is near public transit and schools
  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $5,750
  • Assessor Parcel Number M:131 B:681 L:110,600105

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $69,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,619

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1940
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 7

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 3
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Basement: Unfinished
  • Living Area: 3944
  • Stories Total: 7
  • MAIN LO: AN2383
  • MAIN SO: AN6527

Exterior Features

  • Foundation Details: Other
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station

Lot Info

  • Parcel Number: M:131 B:681 L:110,600105
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Lot Size Units: Acres
  • LOT SIZE: 7407

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8618.97

Multi Family

  • Net Operating Income: 69000
  • Number Of Units Total: 4
  • Total Actual Rent: 5750
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
04/08/2022 04/08/22 Sold $1,050,000 -12.4% $266 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
12/06/2021 12/06/21 For Sale $1,199,000 -- $304 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72925502

MLS Property Information Network (MLS PIN)