563-565 Salem St, Malden MA 02148
About this home
Location! Location! This well-maintained 3-family home offers a fantastic investment opportunity in a highly desirable location. Situated close to shopping and transportation, and a 1.5 mile from Malden Center and the MBTA station. The property features: UNIT1- 3 rooms, 1 bedroom, 1 bathroom; UNIT2 - 4 rooms, 2 bedrooms, 1 bathroom; UNIT3 - 7 rooms, 4 bedrooms, 1 bathroom. Each unit boasts hardwood floors and benefits from an efficient tankless water heater and gas heating system. The property also includes a newer roof, vinyl siding, ample parking spaces, and a 2-car garage. This combination of features makes it an excellent investment opportunity. It's also a great opportunity for a first-time home buyer who wants to live in a location close to everything, within minutes of Boston. Rents are below market value; all tenants are TAW.
Sale Statistics
This property sold for 9.7% below the original asking price.
The property spent 54 days on market before selling.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
563-565 Salem St, Malden MA 02148
Malden, MA 02148
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Jan 9, 2025Listed for Sale
Aug 13, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/09/2025 | ✓ Sold | $1,075,000 | - | - | Property sold |
| 08/13/2024 | 🏠 Listed for Sale | $1,139,900 | - | - | Original listing |