$1,250,000
$1,250,000
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91-95 Medford Street Malden, MA 02148
8,289 SqFt
Key Details
Sold Price $1,250,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,289 sqft
Price per Sqft $150
MLS Listing ID 72430420
Sold Date 05/20/19
Year Built 2018
Annual Tax Amount $9,507
Tax Year 2018
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Awesome investment opportunity in very desirable Malden. Rare to market 6 Unit mixed used building. The 5 Residential units consist of (4) Three-bedroom apartments and (1) Two-bedroom Unit. 1 commercial space on the ground level which has its own separate entrances. All units currently TAW and are collecting below market rents. Two of the residential units are currently vacant and will need renovations. The building overall needs updating for sure, but there is plenty of income potential here. The property itself is situated on the corner of busy Medford/Madison Street(s) right on the Malden/Everett line. Great location with easy access to public transportation (1 Mile to Malden Center) and all major roadways. Property to be sold as is/as seen.
Location
State MA
County Middlesex
Area Bell Rock
Zoning ResA
Direction Corner of Madison & Medford Street. Please use GPS.
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Bought with Jumantro Sianturi • Solution Brokers Inc
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