Homes for sale - 374 Broadway, Malden, MA 02148

$750,000

$785,000 4.5%

Est. payment - /mo

5 Beds

2 Baths

1,600 SqFt

UPDATED:

Key Details

Sold Price $750,000

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $468

MLS Listing ID 73277009

Sold Date 01/03/25

Bedrooms 5

Full Baths 2

Year Built 1880

Annual Tax Amount $1

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Description

This two-unit value-add multifamily property is located in Malden, MA. Situated just five miles north of Boston, 374 Broadway is strategically positioned in well located, growing submarket with high upside potential. This multifamily property consists of two units across +/-3,000 GSF. Unit 1 consists of a two bedroom layout and unit 2 consists of a three bedroom layout. The property features off street parking in the rear of the building for 3 vehicles. 374 Broadway offers investors high upside potential through a value-add business plan upon acquisition. Through in-unit upgrades and common area renovations, investors can maximize their rental income. Additionally, 374 Broadway appeals to potential owner occupiers who are looking to occupy one unit for their own personal use.

Location

State MA

County Middlesex

Zoning Res A

Direction Situated on Broadway, in between Bowman Street & Mingo Street.

Rooms

Basement Interior Entry, Unfinished

Interior

Interior Features Mudroom, Living Room, Kitchen

Heating Forced Air

Cooling Window Unit(s)

Flooring Tile, Vinyl, Carpet, Varies

Appliance Washer, Dryer

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks

Utilities Available for Gas Range, for Gas Oven

Roof Type Other

Total Parking Spaces 3

Garage No

Building

Lot Description Level

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Boston Realty Advisors
Bought with Giang Nguyen • Harmony Hill Realty LLC

+1(617) 448-0910

eric@penroserealty.com

560 Harrison Ave. STE 503, Boston, MA, 02118, United States

374 Broadway Malden, MA 02148