Sold
203 Summer St, Malden, MA
Malden · MA 02148
- $1,240,000
- Price
- 10
- Beds
- 6.5
- Baths
- 4727
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
2 Units
Lot size:
0.23 Acre Lot
Price per square foot:
$285 / Sq.Ft
Parking:
10 Off Street Spaces
About this home
Cap rate7%! Huge investment cash cow. $9600 rent a month! Conveniently located near the Oak Grove station as well as easy access to churches, shops, restaurants, and numerous parks and reservations. This enormous multifamily is located on over a ? acre lot and consists of over 4,700 sqft living space. Features 10 large bedrooms, 6.5 baths, oversized windows allowing extra natural light, high ceilings, a roof deck, and space for over 10+ car parking. Well maintained with a newer fire alarm system as well as a newly renovated kitchen for Unit 2. Split into 2 units, with 6 beds for Unit 1 (1st and 3rd floor), and 4 beds for Unit 2, this arrangement is perfect for dividing Unit 1 into 2 units and/or establishing as a condo, resulting in a 3rd unit with 3 beds, 1 full bath. Both units are currently occupied by tenants, with the 3rd floor vacant. Current rent: Unit 2 - $4,100, Unit 1 - $5,500 ($3000 for fl and 2500 for 3rd fl)
Neighborhood & Transit
203 Summer St, Malden · MA 02148
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Oak Grove Orange Commuter Rail 1 route 0.29 mi
- Haverhill Line
-
Malden Center Orange Commuter Rail 1 route 0.47 mi
- Haverhill Line
Price Insight
- Days on Market:
- 1307 days
- Listing Price:
- $1,349,000
- Price per Sq.Ft:
- $285
- Tax Assessment:
- $1,031,100 in 2022
- Taxes:
- $1,061 / Monthly
Home Facts
Interior Features
- Bedrooms
- 10
- Full Bathrooms
- 6
- Half Bathrooms
- 1
- Living Area
- 4,727 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4727
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 110 Volts
Exterior Features
- Lot Size
- 10,006 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 10 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Wood
- 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 #
- 73040127
- Disclosure
- Buyer to confirm all information and determine conformance with building codes, zoning, laws, rules, regulations and legal use.