Malden, MA 02148,563-565 Salem St
Malden, MA 02148,563-565 Salem St
Malden, MA 02148,563-565 Salem St
$1,075,000
Est. payment /mo
$1,139,900
5.7%
Est.Price: ?

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7 Beds
3 Baths
2,312 SqFt
SOLD DATE : 01/09/2025

Key Details

Sold Price $1,075,000

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 2,312 sqft

Price per Sqft $464

MLS Listing ID 73277232

Sold Date 01/09/25

Bedrooms 7

Full Baths 3

Year Built 1870

Annual Tax Amount $8,530

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Description

Location! Location! This well-maintained 3-family home offers a fantastic investment opportunity in a highly desirable location. Situated close to shopping and transportation, and a 1.5 mile from Malden Center and the MBTA station. The property features: UNIT1- 3 rooms, 1 bedroom, 1 bathroom; UNIT2 - 4 rooms, 2 bedrooms, 1 bathroom; UNIT3 - 7 rooms, 4 bedrooms, 1 bathroom. Each unit boasts hardwood floors and benefits from an efficient tankless water heater and gas heating system. The property also includes a newer roof, vinyl siding, ample parking spaces, and a 2-car garage. This combination of features makes it an excellent investment opportunity. It's also a great opportunity for a first-time home buyer who wants to live in a location close to everything, within minutes of Boston. Rents are below market value; all tenants are TAW.

Location

State MA

County Middlesex

Zoning ResA

Direction gps

Rooms

Basement Partial, Walk-Out Access

Interior

Flooring Hardwood

Basement Type Partial,Walk-Out Access

Exterior

Garage Spaces 2.0

Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station

Utilities Available for Gas Range

Roof Type Shingle

Total Parking Spaces 7

Garage Yes

Building

Story 6

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by LAER Realty Partners
Bought with Kadilak Realty Group • Fiv Realty Co.

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agent

Ryan Askew

+1(508) 440-6100

Sales Associate | License ID: 9578345

Sales Associate License ID: 9578345

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