Judy Moore - Barrett Sotheby's International Realty

627 Salem Street, Malden, MA 02148

Maplewood

Multi-Family

$795,000
Price

2
Units
3,351
Approx. GLA
LEGAL TWO FAMILY PLUS free standing light manufacturing building! Amazing opportunity to live and work in the heart of Maplewood Square! This unique parcel is a once-in-a life time opportunity and has been family owned for many years! Step into the pretty foyer of this colonial and you will find two units. The first floor unit consists of seven spacious rooms with tall ceilings and some period details! There are three bedrooms and one full bath with direct access to the finished basement that has an additional three rooms and one full bath. This is perfect for an office or space for the grown children! The slider leads to the patio and big parking area! On the second floor, you will find an adorable space with a well-sized living room, kitchenette, bedroom, and full bath. There is a free standing light manufacturing building (approximately 60x18) in the rear of the property that has its own utilities as well as a 3/4 bath! Located on bus line, quick walk to schools, shops,and eateries!
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Area/Village: Maplewood
Basement Features: Full, Partially Finished, Walk Out
List Price: $795,000
Type: Multi-Family
Multi-Family Type: 2 Family
Status: Active
Beds: 4
Baths: 4
Units: 2
Year Built: 1930
Year Round: Yes
Approx. GLA: 3,351
MLS#: 72336791
 
Interior
Basement: Yes
Electric Features: Circuit Breakers
Heating Units: 1
Heating Zones: 3
Flooring: Vinyl, Wall to Wall Carpet, Hardwood
Hot Water: Tank
Rooms: 13
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.27
Lot Size: 11,761.00
Lot Description: Paved Drive
Foundation: Fieldstone
Foundation Size: unknown
Parking Spaces: 8
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved, Publicly Maint.
Color: white
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Aluminum
Exterior Features: Porch, Patio, Fenced Yard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $526,300
Taxes: $7,416
Tax Year: 2018
Book/Page: 813/157
Warranty Available: No
School
High School: Malden High
Beach
Beach: No
Expenses
Gross Income: $20,040
Total Rent: $1,680
Net Income: $20,040
Additional
Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School
Exclusions: Seller and tenants personal property. Washer/dryer
Disclosure Declaration: No
Disclosure: Please also see MLS # 72336928. Floor plan measurements are approximate based upon the attached floor plans. Rent is well below market rent. Property will likely require at least 20% down payment for financing.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 7 3 0 1 1 0 No 2 $1,670
Unit 2 3 1 0 2 1 0 No 1
Units Extras
Unit 1
Rent Includes:  Heat, Electric, Water  Cooling:  None  Applicances:  Range, Dishwasher, Microwave, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Ceiling Fans  Rooms:  Living Room, Dining Room, Kitchen, Family Room 
Unit 2
Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Ceiling Fans  Rooms:  Living Room, Kitchen 
Map
Similar Properties
The listing office is LAER Realty Partners and the listing agent is Kristin Gennetti. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 11/17/2018 4:05:00 PM.
 
Judy Moore
Judy Moore
Certified Residential Specialist
Barrett Sotheby's International Realty