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65 Ashland St, Malden MA 02148

$919,000

Estimated $2,148.98/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $459,500

Total Rent: 72000/year

Estimated CAP Rate: 6.97%

5 Bedrooms

2 Full Baths

2,120 SqFt

Total Parking: 2

4,260 SqFt

Here is your chance to break into Malden real estate! Boasting a Walk Score of 86, this property is conveniently located a short distance to the vibrant Malden Center. Each unit in this meticulously maintained home features its own private entryway and brand new washer/dryers. The first unit, all on one level, boasts an open floor plan with modern updates, including new vinyl flooring throughout. The second unit, a bi-level layout, offers a modern kitchen equipped with granite countertops, hardwood floors, stainless steel appliances and brand new mini-split AC units. Additional updates include updated electrical panels, a new hot water heater, new AC condenser and a newer roof. This property presents a fantastic opportunity for owner-occupants looking for rental income potential, as well as investors seeking a lucrative rental property in a highly desirable location.

This home has been viewed 90 times

Last Checked: October 7th, 2024 at 6:48pm (Source: MLS PIN #73230851)

Gross Income: $72,000

Gross Expenses: $7,906

Net Income Calc: $64,094

CAP Rate: 6.97%

Annual Expenses for 65 Ashland St, Malden MA 02148

Total Gross Expenses (Calculated)$7,906/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,906

Annual Income & Unit Breakdown for 65 Ashland St, Malden MA 02148

Total Gross Income (Calculated)$72,000

Unit 1

Rental Income$2,700

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 2

Rental Income$3,300

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit3

HeatingNo

Rent IncludesNo

General Information for 65 Ashland St, Malden MA 02148

Listing ID73230851

Property TypeMulti Family

Price$919,000 ($433.49/SqFt)

StyleMulti Family

CityMalden

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,120 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking2

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningResA

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 65 Ashland St, Malden MA 02148

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$72,000

Total Net Income By Broker$72,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 65 Ashland St, Malden MA 02148

Real Estate Taxes$7,906

Tax Year2024

Assessed Value$676,300

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$72,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$72,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.97%

Location Information for 65 Ashland St, Malden MA 02148

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesNo

Contact Information for 65 Ashland St, Malden MA 02148

Agent

Name: Turco Group

Office

Name: eXp Realty

Phone: 888-854-7493

Team Members

Name: Kenneth Kirk

Phone: 617-548-9914

Payment Calculator

, Interest

Property Taxes 658.83

Principal & Interest 5662.59

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Turco Group

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

[21] => Array
                (
                    [id] => 36959656
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

[22] => Array
                (
                    [id] => 36959657
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

[23] => Array
                (
                    [id] => 36959658
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

[24] => Array
                (
                    [id] => 36959659
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

[25] => Array
                (
                    [id] => 36959660
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

[26] => Array
                (
                    [id] => 36959661
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

[27] => Array
                (
                    [id] => 36959662
                    [name] => MLS28.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

[28] => Array
                (
                    [id] => 36959663
                    [name] => MLS29.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=29
                    [index] => 29
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

[29] => Array
                (
                    [id] => 36959664
                    [name] => MLS30.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=30
                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

[30] => Array
                (
                    [id] => 36959665
                    [name] => MLS31.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=31
                    [index] => 31
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

[31] => Array
                (
                    [id] => 36959666
                    [name] => MLS32.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73230851&w=1024&h=768&n=32
                    [index] => 32
                    [enabled] => 1
                    [created] => 2024-10-07 18:48:40
                    [modified] => 2024-10-07 18:48:40
                )

)

)

EXIT