203 Summer St, Malden, Massachusetts 02148

$1,349,000
10
BD
7
BA
4,727
SqFt
List Price
$1,349,000
Status
ACTIVE
MLS#
73040127
Bedrooms
10
Bathrooms
7
Full Baths
6
Half Baths
1
Living Area
4,727
Lot Size (Acres)
0.23
Year Built
1900

Property Description

Open Houses Saturday 9/24 and Sunday 9/25, from 1:30-3:30 PM. Huge investment cash cow. Conveniently located near the Oak Grove station as well as easy access to churches, shops, restaurants, and numerous parks and reservations. This enormous multifamily is located on over a ¼ acre lot and consists of over 4,700 sqft living space. Features 10 large bedrooms, 6.5 baths, oversized windows allowing extra natural light, high ceilings, a roof deck, and space for over 10+ car parking. Well maintained with a newer fire alarm system as well as a newly renovated kitchen for Unit 2. Split into 2 units, with 6 beds for Unit 1 (1st and 3rd floor), and 4 beds for Unit 2, this arrangement is perfect for dividing Unit 1 into 2 units and/or establishing as a condo, resulting in a 3rd unit with 3 beds, 1 full bath. Both units are currently occupied by tenants, with the 3rd floor vacant. Current rent: Unit 2 - $4,100, Unit 1 - $3,000 ($5,100 previously with 3rd floor rented).

Additional Information

Taxes
$12,734
Water
City/Town Water
Sewer
City/Town Sewer
Elementary School
Salem Woods
Middle School
Salem Woods
High School
Malden High
Buyer Agency Compensation
2.5
Compensation Based On
Gross/Full Sale Price
Sub Agency Offered
No

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Blue Ocean Realty, LLC.