Re/max Andrew Realty Services
Charlotte Scuderi, Re/max Andrew Realty ServicesPhone: (781) 866-1269
Email: [email protected]
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listing
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MultifamilyFor Sale
$1,349,000
203 Summer St
Malden, MA 02148
Courtesy of Blue Ocean Realty, LLC - Rose Hall
MLS Property Information Network
13Beds
11Full1Half Baths
4,727Sq Ft
Est. Mortgage
$7,063/mo

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 ¼ 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)

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Information courtesy of Blue Ocean Realty, LLC is subject to verification and is not guaranteed.
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