374 BroadwayMalden, MA 02148MLS Number 73277009

  • Price: $785,000
  • Est. Mortgage of $/month
  • 60 Days on Market
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Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
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Under Agreement
374 Broadway Malden MA 02148374 Broadway Malden MA 02148374 Broadway Malden MA 02148374 Broadway Malden MA 02148374 Broadway Malden MA 02148374 Broadway Malden MA 02148374 Broadway Malden MA 02148374 Broadway Malden MA 02148374 Broadway Malden MA 02148374 Broadway Malden MA 02148374 Broadway Malden MA 02148374 Broadway Malden MA 02148
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  • 5Bedrooms
  • 0.11Acreage
  • 2Bathrooms
  • 1880Year Built
This two-unit value-add multifamily property is located in Malden, MA. Situated just five miles north of Boston, 374 Broadway is strategically positioned in well located, growing submarket with high upside potential. This multifamily property consists of two units across +/-3,000 GSF. Unit 1 consists of a two bedroom layout and unit 2 consists of a three bedroom layout. The property features off street parking in the rear of the building for 3 vehicles. 374 Broadway offers investors high upside potential through a value-add business plan upon acquisition. Through in-unit upgrades and common area renovations, investors can maximize their rental income. Additionally, 374 Broadway appeals to potential owner occupiers who are looking to occupy one unit for their own personal use.
Listed by Kevin Benzinger of Boston Realty Advisors

Driving Directions

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

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More Info

Basic Information

  • Lot Features Level
  • Mls StatusUnder Agreement
  • Parcel Number 144 675 523,601080
  • Road Frontage DescriptionPaved

Location

  • Address374 Broadway
  • Building Number374
  • CountyMiddlesex
  • StateMA
  • StreetBroadway
  • TownMalden
  • Zip02148

Interior

  • Flooring Tile, Vinyl, Carpet, Varies
  • Interior Features Mudroom, Living Room, Kitchen

Property Information

  • Building Area Source Public Records
  • Living Area 1,600
  • Lot Size Square Feet 4,731
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet1,600

Other

  • Buyer Agency Compensation1.5
  • Date Listed08/13/2024
  • Farm Land Area Units Square Feet
  • View Count3

Tax Information

  • Tax Assessed Value $508,600
  • Tax Year 2024
  • Taxes$1

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms5
  • Full Bath2

Building

  • BasementInterior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials See Remarks
  • FoundationOther
  • Patio And Porch Features Porch, Deck - Wood
  • Rooms13
  • Stories3
  • Units2
  • Utilities For Gas Range, For Gas Oven
  • Year Built1880
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedWasher, Dryer
  • Green Energy Efficient Other (See Remarks)
  • Other AmenitiesBasement

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Driveway, Paved
  • Parking Spaces3

Basic Information

  • List Price$785,000
  • MLS Number73277009
  • Modification Date09/05/2024
  • Property SubType2 Family - 2 Units Up/Down
  • Purchase Contract Date08/31/2024

Property

  • Acreage0.11

Exterior

  • Exterior Features Rain Gutters
  • RoofOther

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric Other (See Remarks)
  • Heat SystemYes
  • Heating Forced Air
  • Sewer Public Sewer
  • Water Source Public
Listed by Kevin Benzinger of Boston Realty Advisors

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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