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  • $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

    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.

    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
    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

    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