563-565 Salem St, Malden MA 02148 – 7 bed 3 bath For Sale – 73277232
Overview
- Updated On:
- January 10, 2025
-
- 73277232
- 7 Bedrooms
- 3 Bathrooms
- 2 Garage Spaces
- 7 Non-Garage Parking Spaces
- 1870
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.
Property Listing Details
Overview
| MLS Status | Closed |
|---|---|
| Price | $ 1,139,900 |
| Living Area | 2,312.00 ft2 |
| Bedrooms | 7 |
| Total Rooms | 14 |
|---|---|
| Listing MLS ID | 73277232 |
| Days on Market | 55 |
| Bathrooms | 3 |
Unit Information
| Bedrooms | 7 |
|---|---|
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Cooling | |
| Heating | |
| Uncovered Parking | 7 |
| Garage Parking | 2 |
| Water View | No |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Partial,Walk-Out Access |
| Patio And Porch Features | Deck - Wood |
| Parking Features | Paved Drive,Off Street |
| Waterview Features | |
| Flooring | Hardwood |
Building Information
| Building Name | |
|---|---|
| Units in Building | 3 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | |
| Association Fee Includes | |
| Construction Materials | Frame |
| Year Built | 1870 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Partial,Walk-Out Access |
| Roof | Shingle |
Additional Details
| Community Features | Public Transportation,Shopping,Park,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,T-Station |
|---|---|
| Disclosures | |
| Last Updated | 2025-01-09T22:14:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | 599996 |
| Original List Price | 1190000 |
| Listing Office | laer realty partners |
| Tax Annual Amount | 8530 |
|---|---|
| Tax Assessed Value | 729900 |
| Tax Book Number | 66378 |
| Tax Year | 2024 |
| Year Built Details | Actual |
| Year Built Source | Public Records |
| Zoning | ResA |
| Listing Agent | manoel neto |
Amenities and Features
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563-565 Salem St, Malden MA 02148 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
563-565 Salem St, Malden MA 02148 – 7 bed 3 bath For Sale – 73277232
$ 1,139,900
Status: Closed
563-565 Salem St, Malden MA 02148, Malden, , Middlesex 02148
Country: US
Property Overview
MLS #: 73277232
Type: 3 Family - 3 Units Up/Down /
Action: Residential Income
Year Built: 1870 (Actual, Source: Public Records, Effective: )
Living Area: 2,312.00 ft2 (Total: 2312 Square Feet, Source: Public Records)
Lot Size: 0.13 ft2 (Area: 0.13 Acres, SqFt: 5484)
Total Rooms: 14
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 7 (Main Level: )
Bathrooms: Total: 3 (Full: 3, Half: 0, Decimal: 3, Main Level: )
Basement: Partial,Walk-Out Access
Fireplaces: 0 ()
Flooring: Hardwood
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials: Frame
Foundation: Stone (Area: )
Roof: Shingle
Stories: 6 ()
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities: for Gas Range
Electric: Circuit Breakers (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 2
Covered Spaces: 2
Parking Total: 7
Parking Features: Paved Drive,Off Street
Pool:
Spa:
Patio/Porch: Deck - Wood
Fencing:
Lot Features:
View: (, Waterview Y/N: No)
Waterfront:
Road Frontage: ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Shopping,Park,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,T-Station
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: ResA ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
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.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 3
Units Owner Occupied:
Unit 1: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1000, Lease: N
Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2000, Lease: N
Unit 3: Beds: 4, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 1900, Lease: N
Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 8530 (Year: 2024)
Tax Assessed Value: 729900
Tax Block/Lot/Book/Map: / / 66378 /
Parcel Number: 599996
Special Licenses:
Current Financing: Conv. Fixed
Gross Income: 58800 (Scheduled: )
Net Operating Income: 49752
Operating Expense: 9048 (Water/Sewer: 6000, Insurance: 3048)
Financial Data Source: Owner
APOD Available: No
Tenant Pays:
Rent Includes:
Total Actual Rent: 4900
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: (MLS ID: BB910384) / Team:
Listing Office: (MLS ID: AN5987)
Agent (Property):
Buyer Agent MLS ID: TM357181
Buyer Office MLS ID: an8571
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-08-13
Expiration Date: 1900-01-01
Original List Price: 1190000
Price Per SqFt (List): 493.04
Market Time (Property): 55 (Broker: 55, Prev Broker: , Prev Property: 0)
MLS Status: Sold
Possession:
Directions: gps
Disclosures: , N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency: Pending P&S
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag: 1
Listing Alert: No
Square Feet Disclosures: (Incl. Base: No, Other: )
Master Book/Page: / (Page: 459)
Sale Information (if applicable)
Close Date: 2025-01-09
Close Price: 1075000
Price Per SqFt (Sold): 464.97
Anticipated Sold Date: 2025-01-09T05:00:00.000Z
Concessions Amount:
Purchase Contract Date: 2024-09-29
Sold vs Rent:
System Information
Property ID: 1564509
Modification Timestamp: 2025-01-09T22:14:00.000Z
Bridge Modification Timestamp: 2025-01-09T22:15:46.258Z
Original Entry Timestamp: 2024-08-13T20:18:00.000Z
Status Change Timestamp: 2025-01-09T22:14:00.000Z
Off Market Date: 2024-10-07
Development Status:
Business Type:
