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Home Massachusetts Malden Multi-Family Homes for Sale

198 Broadway Malden, MA 02148

5 Days on Boston Pads
26 Photos
$1,049,000
3 Unit
7 Beds
3 Baths
3652 SQFT
0.07 Acre
198 Broadway
Malden, MA 02148

Property Description

Don't miss out on this excellent opportunity to own a well-maintained three-family property in Malden. Each unit features two spacious bedrooms, hardwood floors, an eat-in kitchen, laundry hookups, a comfortable living room, and a formal dining room. With vinyl windows throughout and charming original woodwork, the units also boast bordered-inlay hardwood floors and built-ins with leaded glass. The first and second-floor units include a back porch, perfect for outdoor relaxation. Fully tenanted, this property promises a great investment opportunity with consistent rental income. Additional perks include off-street parking and convenient access to Sullivan Square and Wellington Station. With solid construction and excellent cash flow, this property is a great deal on the market in Malden. Act quickly to secure this prime investment!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 85200
  • Net Operating Income: 85200

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Vinyl
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73264769
  • Last Updated: 07/19/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
07/19/2024Active$1,049,000$287MLSPIN
07/15/2024New$1,049,000$287MLSPIN

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Seller's Representative: Guy Contaldi, Advisors Living - Boston
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2024-07-19 19:02:00

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