Location! Location! This well-maintained 3-family home offers a fantastic investment opportunity in a highly desirable location. Situated close to shopping and transportation, and a 1.5 mile from Malden Center and the MBTA station. The property features: UNIT1- 3 rooms, 1 bedroom, 1 bathroom; UNIT2 - 4 rooms, 2 bedrooms, 1 bathroom; UNIT3 - 7 rooms, 4 bedrooms, 1 bathroom. Each unit boasts hardwood floors and benefits from an efficient tankless water heater and gas heating system. The property also includes a newer roof, vinyl siding, ample parking spaces, and a 2-car garage. This combination of features makes it an excellent investment opportunity. It's also a great opportunity for a first-time home buyer who wants to live in a location close to everything, within minutes of Boston. Rents are below market value; all tenants are TAW.
Sold
$1,075,000
563-565 Salem St, Malden, MA 02148
7beds
2,312sqft
3 Family - 3 Units Up/Down
Built in 1870
-- sqft lot
$1,112,500 Zestimate®
$465/sqft
$3,997 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 09, 2025 at 02:15pm
Listed by:
Manoel Neto,
LAER Realty Partners
Bought with:
Kadilak Realty Group
Fiv Realty Co.
Source: MLS PIN,MLS#: 73277232
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Hardwood
- Basement: Partial,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,312
- Total interior livable area: 2,312 sqft
Property
Parking
- Total spaces: 7
- Parking features: Paved Drive, Off Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck - Wood
Lot
- Size: 5,484 sqft
Details
- Parcel number: 599996
- Zoning: ResA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1870
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
Location
- Region: Malden
HOA & financial
Other financial information
- Total actual rent: 4900
Services availability
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Estimated market value
$1,112,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,112,500