90-96 MainMalden, MA 02148MLS Number 72933879

  • Price: $1,500,000
  • 8 Days on Market
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Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Contingent
90-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 0214890-96 Main Malden MA 02148
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  • 0.1Acreage
  • 1910Year Built
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!
Listed by Jose Ferreira of Morello Real Estate

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Parking

  • Parking Spaces4
  • Parking FeatureAttached, Open, Paved Driveway
  • Total Parking Spaces4

Building

  • Year Built1910
  • Total Units7
  • Rsu Units4
  • No Buildings1
  • No Stories3
  • Entry OnlyNo
  • Assessed Value Bldg561800

Other

  • Modification Date2022-01-15T13:17:00
  • Property TypeMixed Use
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresMixed use residential/commercial building with 4 residential and 3 commercial units. 2 residential currently vacant previously rented at $1400 & $1500. 3 commercial spaces: 2 rented at $1500 per month TAW,1 vacant commercial space needing rehab. previou
  • Book70217
  • Listing AgreementExclusive Right to Sell
  • ExclusionsTenant Belongings
  • ExchangeNo
  • Firm Rmk1Serious buyers only with pre-approval or proof of funds. 48 hour notice required. Property Sold "as is where is". Buyers Agent to do due diligence. Driveway may have easement/be shared. Please email offers with attached Property Transfer Notification
  • Page75

Basic Information

  • MLS Number72933879
  • Prop TypeCI
  • Status Date2022-01-15T13:17:00
  • Date Listed01/14/2022
  • List Price$1,500,000
  • LeaseNo
  • DirectionFellsway to Medford Street to intersection of Medford Street and Main Street.
  • MLS StatusContingent

Location

  • StreetMain
  • TownMalden
  • StateMA
  • Zip02148
  • CountyMiddlesex

Property

  • Acreage0.1
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size4236
  • Assessed Value Land339400
  • Main LoAN4579

Photos

  • Photo Date2022-01-14T00:14:00
  • Number of Photos22
Listed by Jose Ferreira of Morello Real Estate

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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