Sold

405 Lynn St, Malden, MA

Malden · MA 02148

$867,500
Price
6
Beds
3
Baths
3040
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 5,001 Sq.Ft Lot
Price per square foot: $288 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

Wonderful investment opportunity. Conveniently located 1/2 mile from route 1 & within .2 of a mile from many bus stops to include 109,119,411,426,428,492, 108, 109, 119, 411, 426. MBTA, you have a choice of Malden center, 2.6 miles away or Oak Grove 2.7 miles. Across the street jump on the bike trail Bike to the Sea pack a lunch & a bathing suit & soon you'll be able to ride directly to Nahant Beach. Three-family home, each unit with 2 bedrooms, 1 bathroom, living room, kitchen & private in-unit laundry. Each unit has separate parking and can accommodate up to a total of 8 cars, much better than street parking. Updates to include; Lead certified in 2000, roof 2012, siding roughly done in 2007, water heater 2019 & 3rd-floor heating system 2020, 3rd floor painted 2022. Current rents are low & below the City average. Seize the opportunity.

Neighborhood & Transit

405 Lynn St, 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:
1467 days
Listing Price:
$875,000
Price per Sq.Ft:
$288
Tax Assessment:
$638,500 in 2022
Taxes:
$657 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,040 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Fuses, Circuit Breakers

Exterior Features

Lot Size
5,001 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 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
Heather Murphy & Team
Listing office
Keller Williams Realty Boston Northwest
MLS PIN #
73016227
Disclosure
Unit 2 will move out 8/31/22. Unit 3 recently moved out, ann. income incl. their rent. Unit 3 did lawn maintenance & snow removal. Lawn mower & snow blower are in the shed. City has this listed as 6 bedrms, the 2nd fl unit has 1 bedroom & the 2nd bedrm doesn't have its own closet. 1st fl TAW