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14-16 Ripley St

malden, MA 02148

$1,849,000

  • 10 BR
    6 BA
    approx. 3,282 SF

Interested? Let's Connect

Great investment opportunity, this six units multi-family is perfectly located right off Main St in the thriving and well established Malden market. Cap rate 6.5%. Great commuter location near the Orange line Oak Grove station, steps away from the MBTA bus stops, and has 3 off-street parking spaces as well, providing flexibility for commute. Well-maintained property with approximately 5,499 sq ft for 6 units total over 3 levels, including 2 One Bedrooms, 3 Studios, and 1 Townhome style Two Bedrooms. The basement level features an on-site laundry room. The property was significantly upgraded in 2024 with high-efficiency heating systems and on-demand hot water, a new roof, a newly installed driveway and walkway, and renovated unit interiors including kitchens, electrical, flooring, and plumbing. Great opportunity for a flexible portfolio addition in a well-established rental market.

Details

3,282 Sq Ft

0.23 Private Acres Lot Size

investment

$10,817 Annual Tax

Built in 1885

MLS/Listing ID 73485930

7 Stories

6 Units

Amenities & Features

Dining Room

Living Room/Dining Room Combo

Living Room

Shingle

Stone

Hardwood

Laminate

Vinyl

Construction - Frame

Community - Public Transportation

Community - Shopping

Microwave

Range

Refrigerator

Varies per Unit

Heating - Baseboard

Loft

Lot - Level

Parking - Off Street

Porch

Deck

Insulated Doors

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

HOME PRICE
DOWN PAYMENT
TERM
INTEREST

Interested In 14-16 Ripley St?