Turnkey 4-family investment opportunity rebuilt from the studs in 2016 with modern systems, updated finishes and low-maintenance ownership appeal. Ideal for investors seeking strong rental stability or owner-occupants looking to offset living costs with solid in-place income. Positioned on bustling Salem St with an MBTA bus stop directly at the doorstep and easy access to Malden Center/Oak Grove Orange Line stations for seamless commuting into Boston. Convenient to Route 60, Route 1, I-93, and downtown Boston, making this a prime location for tenants. Street parking and minimal landscaping significantly reduce ongoing maintenance and operating expenses. A rare opportunity to own a newer-construction multifamily asset in a high-demand rental market with excellent transit connectivity and long-term appreciation potential.
- Parking:
- Paved Drive
- Construction:
- Frame
- Flooring:
- Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- unfinished basement with lots of storage space. Window AC.
- Electric Feature:
- Circuit Breakers, Individually Metered
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $515
- Zoning:
- ResA
- No Units:
- 4
- Orig Price:
- $1,375,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Malden
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02148
- Longitude:
- W72° 56' 51.5''
- Latitude:
- N42° 25' 53.7''
Residential Income
468 Salem St, Malden, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,375,000
- Bedrooms :
- 6
- Rooms :
- 16
- Total Bathrooms :
- 4
- Full Bathrooms :
- 4
- Square Footage :
- 2,671 Sqft
- Year Built :
- 1930
- Lot Area :
- 0.13 Acre
- Listing ID :
- 73527683
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
