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| Price | Down Payment | Interest Rate | Years |
|---|---|---|---|
| % |
Est. Mortgage: $/month
Federal 30-year interest rate: 6.13% last updated on 2023-01-26
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
- 10Bedrooms
- 7Bathrooms
- 4,727Square Feet
- 0.23Acreage
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 ΒΌ 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)
Listed by Rose Hall of Blue Ocean Realty,LLC
More Info
Basic Information
- Gross Income $105,600
- Lot Features Wooded
- Mls StatusActive
- Parcel Number M:012 B:051 L:102,591473
Basic Information
- List Price$1,349,000
- MLS Number73040127
- Modification Date10/04/2022
- Property SubTypeMulti Family
Building
- BasementUnfinished
- Building Area Units Square Feet
- Construction Materials Stone
- FoundationStone
- Foundation Area 9999
- Garage Spaces
- Patio And Porch Features Porch, Covered
- Rooms18
- Stories3
- Utilities For Gas Range
- Window Features Insulated Windows
- Year Built1900
- Year Built Details Approximate
- Year Built Source Owner
Tax Information
- Tax Assessed Value $1,031,100
- Tax Year 2022
- Taxes$12,734
Parking
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street
- Parking Spaces10
Location
- Address203 Summer Street
- Building Number203
- CountyMiddlesex
- StateMA
- StreetSummer Street
- TownMalden
- Zip02148
Exterior
- RoofSlate
Utilities
- Cooling Window Unit(s)
- Cooling YN Yes
- Electric 110 Volts
- Heat SystemYes
- Heating Forced Air
- Sewer Public Sewer
- Water Source Public
Legal
- ZoningResA
Other
- Buyer Agency Compensation2.5
- Date Listed09/22/2022
- Farm Land Area Units Square Feet
- View Count3
School Information
- Elementary SchoolSalem Woods
- High SchoolMalden
- High School Malden High
- Junior HighSalem Woods
Rooms
- Bathroom7
- Bathrooms Total Decimal 6.5
- Bedrooms10
- Full Bath6
- Half Baths1
Property
- Acreage0.23
Interior
- Flooring Wood, Tile, Tile Floor, Hardwood Floors, Wood Flooring
- Interior Features Storage, Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen
Property Information
- Building Area Source Public Records
- Living Area 4,727
- Lot Size Square Feet 10,006
- Lot Size Units Acres
- Square Feet4,727
Amenities
- Amenities
- Medical Facility
- Park
- Public School
- Public Transportation
- Shopping
- T-Station
- Walk/Jog Trails
- Appliances IncludedRange, Microwave, Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Range Hood, Unit 2(Refrigerator), Gas Water Heater, Utility Connections for Gas Range
- Other AmenitiesBasement
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Call: 617-375-7900
