NOT LISTED FOR SALE
15 Beds
12 Baths
6,366 Sq Ft
8,712 Sq Ft Lot

Last Sold December 08, 2023

Last sale price $1,445,000 $227 Per Sq Ft

8 Days on Market

Highlights

  • Property is near public transit and schools
  • Window Unit Cooling System
  • Storage
  • Porch
  • Laundry Room
  • Shops

About This Home

As of December 2023

Massive 4 Family in convenient area of Malden. Certified de-leaded, All units TAW. 2 larger units are townhouse style 2 levels. All separate utilities. Roof is approximately 15 years old. Incredible parking arrangement! Has 8 true parking spaces, not tandem, possibly more if tandem. Possibility to make finished lower level apartments. Has potential to either add 2 units to make 6 units or add to the lower level units to turn into 3-4 beds from the current 2 bed. Low maintenance costs, Potential for condo conversion. Lots of options! Buyer to do due diligence. Sold As Is, Seller's makes no warranty or representations.

Last Agent to Sell the Property

Jay Terada

Coldwell Banker Realty - Brookline Listed on: 09/11/2023

Coldwell Banker Realty - Brookline

Last Buyer's Agent

Rogelio Zuniga

United Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,189

Year Built

  • Built in 1920

Lot Details

  • 8,520

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 6,366 Sq Ft Home
  • Storage
  • Dishwasher
  • Unfinished Basement

Bedrooms and Bathrooms

  • 15 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Schools

  • Salemwood Elementary And Middle School
  • Malden High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater

Additional Features

  • Porch
  • 8,520 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $10,600
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:094 B:734 L:406,597679

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Bike Trail

Building Details

  • Net Operating Income $118,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,189

Year Built

Built in 1920

Lot Details

8,520 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1920
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Lead Certification Available, Storage, Other (See Remarks), Unit 1(Lead Certification Available,Storage), Unit 2(Lead Certification Available,Storage), Unit 3(Lead Certification Available,Storage), Unit 4(Lead Certification Available,Storage), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Disposal), Unit 2(Range,Dishwasher,Disposal), Unit 3(Range,Dishwasher,Disposal), Unit 4(Range,Dishwasher,Disposal)
  • Total Bedrooms: 15
  • Full Bathrooms: 6
  • Half Bathrooms: 6
  • Total Bathrooms: 12
  • Laundry Features: Laundry Room
  • Basement: Unfinished
  • Living Area: 6366
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6181
  • MAIN SO: BB9067

Exterior Features

  • Exterior Features: Porch
  • Construction Materials: Frame
  • Foundation Details: Block
  • 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, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Electric Baseboard, Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard), Unit 4(Electric Baseboard)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Bike Path, Highway Access, Private School, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:094 B:734 L:406,597679
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8520
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15189

Multi Family

  • Net Operating Income: 118400
  • Number Of Units Total: 4
  • Total Actual Rent: 10600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

MLS Schools

  • High School: Malden High
  • Elementary School: Salemwood
  • Middle Or Junior School: Salemwood
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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
12/08/2023 12/08/23 Sold $1,445,000 -0.3% $227 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $1,450,000 -- $228 / 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 $154 $1,364,300 $303,400 $1,060,900
2024 $15,630 $1,337,000 $284,500 $1,052,500
2023 $15,189 $1,246,000 $256,000 $990,000
2022 $14,587 $1,181,100 $251,300 $929,800
2021 $14,137 $1,150,300 $220,500 $929,800
2020 $13,854 $1,095,200 $209,100 $886,100
2019 $13,180 $993,200 $199,100 $794,100
2018 $12,573 $892,300 $158,800 $733,500
2017 $12,512 $883,000 $158,800 $724,200
2016 $10,971 $723,700 $158,800 $564,900
2015 $10,473 $665,800 $151,200 $514,600
2014 $9,625 $597,800 $137,500 $460,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73157919

MLS Property Information Network (MLS PIN)

APN: MALD M:094 B:734 L:406

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