$1,025,000
6
Beds
4/1
Baths
2,588
Living Area
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Property Description
Prime mixed-use investment opportunity in the heart of Malden! This rare income-generating property features 4 residential units and 1 commercial space, currently operating as a hair salon. The residential units have been updated with modern kitchens, refreshed bathrooms, floorings and fresh paint. Enjoy low-maintenance vinyl siding and a ample sized yard. Conveniently located near shopping centers, supermarkets, schools, public transportation, and major highways, with easy access to Encore Casino. Fully occupied—advance notice required for showings. Please do not disturb the business.
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Highlights
- Cooling: Window Unit(s)
- Levels: 9
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 14
- Status: Active
- Heating: Steam
- Property Class: Residential Income
- Stories: 9
- Year Built: 1938
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone, Brick/Mortar
- Road Frontage Type: Public
- Total Number of Units: 5
- Year Built Source: Public Records
- Basement: Full, Unfinished
- Exclusions: Tenants' Personal Belongings.
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Nb
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $736,300
- Tax Year: 2025
- Total Rent: $8,050
- Rental Fee Includes: Unit 1(Water, Other (See Remarks)), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
- Taxes: $8,334
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