Opportunity to own a well-located 3-family property near Malden Center, offering excellent access to public transportation (just 0.6 miles to the Malden T), as well as nearby shopping and dining. The first-floor unit features an eat-in kitchen with updated cabinets and laundry hookups, along with spacious rooms and vinyl and laminate flooring throughout. The second-floor unit offers an eat-in kitchen, generous living space, and an in-unit washer and dryer. The third-floor unit includes an updated kitchen and hardwood flooring throughout, plus private laundry in the basement. Additional highlights include a large rear patio, driveway parking for two cars, and a semi-finished basement with an additional bathroom. Recent improvements include updated heating systems for all units, a newer roof, enhanced front-of-the-house masonry and side steps. Ideal for investors or owner-occupants looking to live in one unit while generating rental income from the others. 1st FL vacant,
- Heating System:
- Baseboard, Natural Gas
- Cooling System:
- No
- Basement:
- Partially Finished
- Parking:
- Paved
- Appliances:
- Range, Microwave, Refrigerator, Washer, Dryer
- Construction:
- Frame
- Flooring:
- Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Unit 1 delivered vacant. Units 2 and 3 are tenant-occupied on a tenancy-at-will basis with rents below market, offering potential for future increases. Photos may include AI-enhanced decluttering for marketing purposes.
- Electric Feature:
- 110 Volts
- Garage Parking
- Interior Features:
- Kitchen, Upgraded Cabinets, Bathroom With Tub, Living Room, Upgraded Countertops
- Lead Paint:
- Unknown, Certified Treated
- Laundry Features:
- Washer & Dryer Hookup
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water)
- Parking Spaces:
- 2
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $440
- Zoning:
- ResA
- No Units:
- 3
- Orig Price:
- $989,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Malden
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02148
- Longitude:
- W72° 55' 50.5''
- Latitude:
- N42° 25' 19.6''
Residential Income
60 Madison Street, Malden, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $989,000
- Bedrooms :
- 5
- Rooms :
- 11
- Total Bathrooms :
- 4
- Full Bathrooms :
- 4
- Square Footage :
- 2,247 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73512508
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com