374 Broadway - Apartments FOR SALE


Malden, MA 02148
$785,000 USD
617-850-9647
374 Broadway, Malden, MA for Sale
$785,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

374 Broadway
Malden, MA 02148


HIGHLIGHTS

  • Value-Add Opportunity
  • Growing Submarket
  • Owner Occupier Potential
  • Off Street Parking

OVERVIEW

Boston Realty Advisors is pleased to present for sale 374 Broadway, a two-unit value-add multifamily property located in Malden, MA. Situated just five miles north of Boston, 374 Broadway is strategically positioned in well located, growing submarket with high upside potential. This multifamily property consists of two units across +/-3,000 SF. Unit 1 consists of a two bedroom layout and unit 2 consists of a three bedroom layout. The property offers off street parking in the rear of the building for 3 vehicles. 374 Broadway offers investors high upside potential through a value-add business plan upon acquisition. Through in-unit upgrades and common area renovations, investors can maximize their rental income. Additionally, 374 Broadway appeals to potential owner occupiers who are looking to occupy one unit for their own personal use.

FOR SALE DETAILS

PRICE

$785,000 USD

PRICE/SF

$262 USD /SF

# OF UNITS

2

PRICE/UNIT

$392,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

374 Broadway

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1880

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,731 SF

ZONING

RESA

APN/PARCEL ID

MALD-000144-000675-000523

ASK ABOUT THIS PROPERTY

Kevin BenzingerBoston Realty AdvisorsMore Info
617-850-9647

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Kevin BenzingerBoston Realty AdvisorsMore Info
617-850-9647

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