$900,000 ($356.72 per sqft)

Pending

Est. Mortgage $4,375/mo *

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40 Clark St, Malden, MA, 02148

40 Clark St, Malden, MA, 02148
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12 rooms

4 beds

4 Full baths

1900

2,523 sqft

Excellent opportunity to own a well-maintained multifamily in a prime Malden location. Unit 1 is a garden level TAW-leased 1B/1BA with low ceilings. Unit 2 is an updated 1B/1BA second floor unit with private deck (tenant vacating 3/31). Unit 3 is a townhouse style vacant 2B/2BA unit ideal for an owner-occupant or to lease at market rent, offering immediate income with strong upside potential. Features include updated countertops and cabinets, wood flooring, laundry hook-ups in two units, balcony, deck and yard. A new roof was installed in 2018. All units separately metered and tenants pay their own utilities. Nestled in a quiet neighborhood with on-street parking (no driveway). Conveniently located near bus routes, restaurants and shops, and about 1 mile to Malden Center and Oak Grove T stops - key drivers of demand in Malden’s strong rental market. This is a solid opportunity for investors seeking a stabilized asset or owner-occupants looking to offset expenses with rental income.

Status:

Pending

Type:

Multi-family

Laundry Remarks:

Washer Hookup, Dryer Hookup

Units:

3

Zoning:

ResA

Heating:

Electric, Natural Gas

Basement:

Finished, Walk-Out Access

Levels:

4

Acreage:

0.05

Est. Taxes:

$7,822

Assessment

$691,000

Construction

Frame

Lot Description:

Cleared

Amenities:

Public Transportation, Shopping, Public School, T-Station

Appliances:

Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer

MLS #:

73468369

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Prescott White, Commonwealth Properties Residential, LLC