RARE OPPORTUNITY IN MAPLEWOOD SQUARE! ATTENTION INVESTORS AND DEVELOPERS! exceptional opportunity to own a four-unit commercial building along with a two-family home on one lot. The Salem Street commercial building is positioned on a high-traffic, high-visibility corridor, offering excellent exposure and strong rental potential. Ideal for investors seeking attractive income opportunities in a prime location. The two-family home requires major TLC but presents tremendous upside for value-add investors. With improvements, this property offers substantial income and appreciation potential. Multiple possibilities for redevelopment, rental income, or long-term hold in one of the area’s most sought-after neighborhoods. Group showings only.
- Disclosure
- Tax Year:
- 2026
- Status:
- Active
- Zoning:
- COMMERCIAL
- Orig Price:
- $1,799,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Malden
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02148
- Longitude:
- W72° 57' 16.5''
- Latitude:
- N42° 26' 0.6''
Commercial Sale
697-705 Salem Street, Malden, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,399,000
- Square Footage :
- 7,000 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.21 Acre
- Listing ID :
- 73477628
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com