Off Market

18-20 Benner Ave, Malden, MA

Malden · MA 02148

$1,125,000
Price
5
Beds
3
Baths
2561
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 2,927 Sq.Ft Lot
Price per square foot: $439 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Turnkey rental with all 3 units currently rented, with current income at $6,200 per month, and the potential to market to $6,500 per month. 3 family. Cash cow! 6200 a month! Rare investment find on a highly desired quiet street in Malden. This 3 family home is centrally located just minutes walking from broth Ferry St School and Malden Center, and is close to public transportation, amazing restaurants, parks and playgrounds. This building features 2 off-street tandem parking, and 60, 99, and other highways makes this an excellent commuting option.Units 1 and 2 have both been recently upgraded and feature leased tenants new kitchen, in unit laundry, while Unit 3 has additional flexibility with a TAW.

Neighborhood & Transit

18-20 Benner Ave, Malden · MA 02148

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
902 days
Listing Price:
$1,125,000
Price per Sq.Ft:
$439
Tax Assessment:
$756,700 in 2024
Taxes:
$737 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,561 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2561
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
2,927 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Rose Hall
Listing office
Blue Ocean Realty, LLC
MLS PIN #
73238776
Disclosure
Units are currently in use as: Unit 1 - 2 bed 1 bath, Unit 2 - 2 bed 1 bath and Unit 3 - 1 bed and 1 bath. Public records show as 3 beds in total. Unit 1: $2,350, rented until 5/31/2025; Unit 2: $2,150, rented until 08/31/2024 (renewal notice at $2,250 has been sent); Unit 3 is a TAW at $1,600.