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.
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
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
TOTAL MONTHLY COST
$0
$0
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