Listing # 72053816

Description

RARE OFFERING! Hard to find Malden BRICK 6-Family with Off-Street Parking, located in quiet residential neighborhood. The Asset consists of (5) 2-Bedroom / 1-Bathroom Units & (1) 1-Bedroom / 1-Bathroom Unit. Most of the apartments have hardwood floors throughout, some have renovated kitchens w/Granite. PLENTY OF OFF-STREET PARKING. Oversized Lot that can be utilized as a building amenity or a potential expansion opportunity. All units are TAWs, except one lease thru January 2017. All Rents are well Below-Market and offer a tremendous VALUE-ADD opportunity thru minor cosmetic rehab and the addition of certain building amenities. Our Estimated Market Rents in this neighborhood are $1750-$1800/month for the 2-Bed units and $1400-$1500 for the 1-Bed unit. *** ASK ABOUT A POTENTIAL PACKAGE DEAL WITH THIS BUILDING AND ANOTHER 4-FAMILY IN MALDEN IN THE SELLER'S PORTFOLIO. Property Tours and Call for offers to be posted next week.

Property Details
For Sale

$1,299,000

  • County: Middlesex
  • Sq. Ft: 4968
Lot Description
  • Corner
  • Paved Drive
Road Type
  • Public
  • Paved
Additional Information
  • Apod Available: Yes
  • Construction: Brick
  • Exterior: Brick
  • Foundation: Poured Concrete
  • Hot Water: Electric
  • Lead Paint: None
  • Mf Type: 5-9 Family
  • Parking Feature: Off-Street
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Location

Seller's Representative:
Ryan Foley
Greater Metropolitan R. E.

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MLS PIN data last updated at September 24th, 2017 3:12:22 PM EDT