363 Broadway - Apartments FOR SALE


Malden, MA 02148
$536,000 USD
617-850-9647
363 Broadway, Malden, MA for Sale
$536,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

363 Broadway
Malden, MA 02148


HIGHLIGHTS

  • Value Add Opportunity
  • Proximity to Downtown Boston
  • New Area Development

OVERVIEW

Boston Realty Advisors is pleased to present for sale 363 Broadway, a two-unit value-add multifamily property located in Malden, MA. 363 Broadway offers investors the opportunity to benefit from rental demand in this growing submarket, located just five miles north of Boston. This multifamily property consists of two units across +/-5,000 SF. Each unit consists of a two bedroom, one bathroom layout, with common washers and dryers located in the basement. Unit 1 is currently occupied and unit 2 remains vacant. DISCLOSURES: This property is encumbered by an affordable restriction until 2039. Contingencies will apply upon sale. Please see affordable housing document attached for further independent investigation.*

FOR SALE DETAILS

PRICE

$536,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

2

PRICE/UNIT

$268,000

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

363 Broadway

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,000 SF

ZONING

RESA

APN/PARCEL ID

MALD-000152-000570-000005

ASK ABOUT THIS PROPERTY

Kevin BenzingerBoston Realty AdvisorsMore Info
617-850-9647

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kevin BenzingerBoston Realty AdvisorsMore Info
617-850-9647

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.