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

Sale Details

Date Sold: April 8, 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

7,405 Sq Ft Lot

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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)

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)
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