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You are here:
$1,700,000
4 Unit
10 Beds
6 Baths
5363 SQFT
0.11 Acre
163 West St
Malden, MA 02148

Property Description

Discover 163 West Street, a rare four-family residence built in 2002, offering tremendous potential for both investors and owner-occupants. Located in a sought-after Malden neighborhood, this pristine property is primed for condo conversion. Conveniently situated between Malden and Wellington Stations, it features a durable 40-year asphalt shingle roof, a solid poured concrete foundation, and energy-efficient Harvey double-paned windows. The modern updates include stylish kitchens and bathrooms, a sprinkler system for safety, ample parking, in-unit and common laundry, and an on-demand hot water heater.The layout includes two two-bedroom, one-bathroom units on the first level and two townhome-style three-bedroom, two-bathroom units on the second and third levels. With over 5,000 square feet of living space, this property combines modern amenities with a prime location, making it a remarkable opportunity for rental income or personal residence.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 10
  • Total Full Baths: 6
  • Amenities: Bike Path, Highway Access, House of Worship, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Pantry, Stone/Granite/Solid Counters, Storage, Tile Floor
  • Common Appliances: Dishwasher - ENERGY STAR, Disposal, Dryer, Microwave, Range, Refrigerator - ENERGY STAR, Washer
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 28800
  • Net Operating Income: 28800

Utilities

  • Heat Zones: 4
  • Cooling Zones: 4
  • Electric Info: 200 Amps
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 2
  • Levels: 2

Unit 4 Description

  • Included in Rent: Water
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 2002
  • Type: 4 Family
  • Construction Type: Aluminum, Frame, Stone/Concrete
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73300662
  • Last Updated: 11/12/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/12/2024Contingent$1,700,000$317MLSPIN
10/13/2024Active$1,700,000$317MLSPIN
10/09/2024New$1,700,000$317MLSPIN

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Map & Resources

LB Music school

Music School

0.33mi

Dunkin'

Donut & Coffee Shop

0.33mi

Wendy's

Burger (Fast Food)

0.39mi

Dunkin'

Donut & Coffee Shop

0.43mi

Subway

Sandwich (Fast Food)

0.44mi

Papas Bar & Grille Restaurant

American Restaurant

0.08mi

El Potro Mexican Bar & Grill

Mexican Restaurant

0.09mi

China Garden

Chinese Restaurant

0.14mi

Real Lucky

Chinese Restaurant

0.15mi

Malden Fire Department Station 3

Fire Station

0.54mi

LB Music school

Music Venue

0.33mi

Fitness Court

Fitness Centre. Sports: Fitness

0.39mi

Devir Park

Municipal Park

0.1mi

Devir Playground

Municipal Park

0.2mi

Charles St Green

Park

0.29mi

Callahan Park

Municipal Park

0.35mi

Morrison Playground

Municipal Park

0.41mi

MacDonald Stadium

Park

0.42mi

Wallace Park

Municipal Park

0.45mi

Salem Five Bank

Bank

0.21mi

Stoneham Savings Bank

Bank

0.3mi

Brookline Bank

Bank

0.34mi

Shear Elegance

Hairdresser

0.09mi

James Michael Coiffeures

Hairdresser

0.13mi

Gabby's Barber Shop

Hairdresser

0.14mi

Interlude Salon & Day Spa

Hairdresser

0.16mi

Shear Perfection

Hairdresser

0.17mi

Dollar Tree

Variety Store

0.37mi

Kathmandu Convenience Store

Convenience

0.1mi

Harvard Market

Convenience

0.11mi

One Stop C Market

Convenience

0.21mi

N & B Market

Convenience

0.27mi

Charles Street Convenience

Convenience

0.29mi

Walgreens

Pharmacy

0.43mi

Atlas Market

Supermarket

0.11mi

Highland Ave @ Thacher St

108

0.08mi

Highland Ave @ Thacher St

108

0.08mi

Highland Ave @ Emerald St

108

0.09mi

Highland Ave @ Adams St

108

0.12mi

Highland Ave @ Oakland St

108

0.13mi

Highland Ave @ Oakland St

108

0.14mi

Highland Ave @ Medford St

108

0.18mi

Highland Ave @ Medford St

108

0.2mi

Seller's Representative: Jaclyn Wells, Leading Edge Real Estate
MLS ID#: 73300662

© 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 2024-11-12 11:10:00

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