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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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203-205 Salem St , Malden, MA 02148
$1,137,000
Est. Payment: $2,526.67/mo
5 Bed
4 Bath
4051 Sqft
Status: Active | Days on site: 57
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AN4356 - TM321052
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House Description

Exceptional opportunity in the heart of Malden! This well-maintained three-family property offers a versatile unit mix with strong owner-occupant and rental appeal. The two first-floor units each feature comfortable 1-bedroom layouts. The second-floor unit at 205 Salem Street offers a spacious 3-4 bedroom configuration, while the second-floor unit at 203 Salem Street includes 1 bedroom plus a home office, with exciting potential to expand into a 4-bedroom plus office by updating the third floor making this a real value-add opportunity for the keen investor, family or owner occupant. Ideally situated just minutes from Malden Center with multiple bus routes, and major commuter highways, this property provides easy access to downtown Boston and the surrounding communities. Residents will appreciate the vibrant community atmosphere and convenience of nearby shopping, dining, parks, and everyday amenities. Whether you’re looking to start your real estate portfolio or add to it, this property is a smart buy for any investment minded individual, family or company.

Highlights

Listed by Fermin Group , 978-423-6545 Century 21 North East , 978-208-0449.

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1910

County

Middlesex

Listing ID

73553796

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Range, Refrigerator, Washer/Dryer
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:3
Zoning:NB
Sewer:Public Sewer
Parking Features:Parking Spaces: 3
Principal Interest
$2,527
Taxes
$825

Home Price

$1,137,000

Loan Details

30 yrs
%

Down Payment

20%
$227,400
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Monthly Price:
$2,526.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,526.67 $824.50 $0.00 $3,351.17
Yearly $30,320.00 $9,894.00 $0.00 $40,214.00
Total $909,600.00 $296,820.00 $0.00 $1,206,420.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Malden, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.