Address
90-96 Main Malden, MA
Price
$ 1,500,000
Property Attributes
  • MLS#72933878
  • TypeContingent
  • CountyMIDDLESEX
  • CityMalden
  • Zip02148
  • Style5-9 Family
  • Year Built1910
  • Taxes$ 17248
  • Price$ 1,500,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms3
  • Sqr Footage4302
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Jose Ferreira with Morello Real Estate.
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Great opportunity for the savvy investor with this 7-unit mixed-use residential/commercial property consisting of 4 residential units and 3 commercial store fronts on busy intersection/well-traveled main street in Malden. Residential units are one-bedroom studio apartments with hardwood floors and ceramic tile baths. Commercial store fronts consist of a long-term hair salon, laundry mat business that transfers with the sale of the property to the new owner generating approximately $75k in gross sales with all newer equipment also to transfer with sale. Third commercial store needs complete rehab and could suit various different offices/agencies/businesses. This property is in close proximity to the Malden Center train station, public transportation, shopping and great restaurants such as the 110 Grill and Evviva Trattoria and other fine establishments. With a little TLC you could maximize the financials of this revenue-generating property!

Price History
1/14/2022 Listed $1,500,000

General Features

Construction Material Frame
Full Baths 4
Half Baths 3
Heated Units 7
Lead Paint Unknown
Levels 4
Parking Features Off-Street, Paved Driveway
Parking Spaces 4
Roof Asphalt/Fiberglass Shingles
Sewer City/Town Sewer
Square Feet 4302.00
State Massachusetts
Unit 1 Rent 1500
Unit 2 Rent 1450
Unit 3 Rent 1100
Unit 4 Rent 1400

Interior Features

Bedrooms (1) 1
Bedrooms (2) 1
Bedrooms (3) 1
Bedrooms (4) 1
Total Bedrooms 4
Total Number of Units 7

Exterior Features

Exterior Vinyl
Foundation Irregular
House Color White
Lot Description Corner, Paved Drive, Easements, Shared Drive

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 02148

Price
AVG $860K
$1.5M
Taxes
AVG $9,531
$17,248
Visits
AVG 71
5
Year Built
AVG 1926
1910

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