Great investment opportunity, this six unit multi-family is perfectly located right off Main St in the thriving and well established Malden market. Cap rate 6.5%. Great commuter location near the Orange line Oak Grove station, steps away from the MBTA bus stops, and has 3 off-street parking spaces as well, providing flexibility for commute. Well-maintained property with approximately 5,499 sq ft for 6 units total over 3 levels, including 3 One Bedrooms, 1 Studio, and 2 Townhome style Two Bedrooms. The basement level features an on-site laundry room. The property was significantly upgraded in 2024 with high-efficiency heating systems and on-demand hot water, a new roof, a newly installed driveway and walkway, and renovated unit interiors including kitchens, electrical, flooring, and plumbing. Great opportunity for a flexible portfolio addition in a well-established rental market.
Open House: March 14th 11:00-12:30pm
| MLS Listing ID: | 73485930 |
|---|---|
| Listing Price: | $1,849,000 |
| Listing Status: | New [?] |
| Property Type: | Multi Family |
| Bedrooms: | 10 |
| Full Baths: | 6 |
| Living Space: | 3282 sf. |
| Lot Size: | 0.23 acres (10018 sf.) |
| Parking: | Yes |
| Taxes: | $10,817.00 |
| Tax Year: | 2025 |
Listing Current as of March 13, 2026 11:00pm
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