Incredible investment opportunity to own a multi-family in Malden! Short Commute to Boston and Located Near Public Transportation! This Home features two units totaling 9 rooms. The First Floor unit has 3 Bedrooms, 1 Bath, Kitchen, and a Living room. The Second Floor Unit has 2 Bedrooms, 1 Bath, Kitchen and a Living room. The home is located on a corner lot and offers a spacious fenced in yard which includes two storage sheds and a coy pond. Large Driveway offers plenty of Parking. Home is in need of some TLC and is being sold AS IS. Close proximity to Malden Station/Oak Grove, Public Transportation, a Dog Park, Shopping and Restaurants. Convenient access to major highways, Routes 99, 1, 93, or 95.
Sale Statistics
Sale Overview
Original List Price:$639,900
Final Sale Price:$609,000
Difference:
$30,900 (-4.8%)
Performance Metrics
95.2%
List to Sale Ratio
Sold below asking price
42
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$353
Sale $/sq ft:$336
This property sold for $336 per square foot
Sale Summary
This property sold for 4.8% below the original asking price.
The property spent 42 days on market before selling.
Facts & Features
Property Overview
Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1930
Bedrooms
5
Full Bathrooms
2
Living Area
1,814 sq ft
Total Rooms
9
Stories
3
Levels
3
Interior Features
Has Fireplace
No
Laundry Features
Gas Dryer Hookup
Basement Details
Interior Entry
Exterior & Structure
Roof
Shingle
Foundation
Brick/Mortar
Exterior Features
Balcony, Kennel
Patio/Porch Features
Deck - Wood
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.22 acres
Lot Size
9,540 sq ft
Lot Size Area
0.2200
Lot Features
Corner Lot, Sloped
Road Surface Type
Paved
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive, Off Street, Paved
Utilities & Systems
Utilities Available
for Gas Range, for Gas Oven, for Gas Dryer
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts, Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,371
Tax Year
2023
Tax Assessed Value
$604,700
Parcel Number
M:148 B:627 L:701,601280
Zoning
ResA
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Property is being sold AS IS. Seller makes no warranties or representations. Buyer and Buyers Agent to perform due diligence.
Listing Terms
Contract
Location
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Neighborhood
1 Rockingham Ave, Malden MA 02148
Malden, MA 02148
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$614
Homeowners Insurance$200
PMI$0
Property History
Market Insights
47.7%
Price Range
44
Total Days on Market
1
Previous Sales
Property Timeline
Previous Transaction - MLS #73218271
Full transaction history available when tracking began
