MULTI-FAMILY OPPORTUNITY IN AN EXTREMELY COMMUTER-FRIENDLY MALDEN LOCATION! Under 1 mile to Malden Center Station, under 2 miles to Oak Grove AND Wellington Station, AND easy access to I-93! Take away some of the pain of the infamous interest rate situation by having the ability to have rental income AND a large owner-occupied unit. Unit 1 boasts tall ceilings, beautiful hardwood floors, one bedroom, and one full bathroom. The upper unit is 2 levels and offers 4 bedrooms! Separate heating systems, hot water tanks, separate electrical, and hookups for two sets of laundry in the basement. This property is ready for its next owner to make it their own and start reaping all the benefits! Located on a corner lot with a driveway in a sought-after neighborhood.
Sale Statistics
Sale Overview
Original List Price:$749,000
Final Sale Price:$800,000
Difference:
+$51,000 (+6.8%)
Performance Metrics
106.8%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$346
Sale $/sq ft:$369
This property sold for $369 per square foot
Sale Summary
This property sold for 6.8% above the original asking price, indicating strong buyer demand.
With only 5 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
2,167 sq ft
Total Rooms
11
Stories
3
Levels
3
Interior Features
Flooring
Vinyl, Hardwood
Heating
Baseboard, Hot Water, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator
Interior Features
Laundry Room, Bathroom With Tub, Living Room, Dining Room, Kitchen
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Interior Entry, Bulkhead, Unfinished
Window Features
Insulated Windows
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone, Brick/Mortar
Exterior Features
Rain Gutters
Patio/Porch Features
Patio
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.08 acres
Lot Size
3,585 sq ft
Lot Size Area
0.0800
Lot Features
Corner Lot
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Paved Drive, Off Street
Utilities & Systems
Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, Sidewalks
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,699
Tax Year
2023
Tax Assessed Value
$631,600
Zoning
Res A
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Estate sale. Rent for first floor unit well below market value to family friend, no lease in place. Tenant will vacate prior to closing or may consider renting from new buyer at an agreeable market rate.
