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11 Coleman St, Malden MA 02148

$799,888

Estimated $2,035.26/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $399,944

Total Rent: 30000/year

Estimated CAP Rate: 2.64%

5 Bedrooms

2 Full Baths

2,536 SqFt

Total Parking: 6

8,054 SqFt

This versatile two-family home presents an excellent opportunity for investors and first-time homebuyers alike. Featuring 2 units both having 3 bedrooms. it offers flexibility and potential rental income. Situated conveniently near transportation options, it ensures easy access for commuters. With parking space for up to 6 cars and driveways on both sides, parking is abundant and hassle-free. The property also includes a backyard for outdoor enjoyment and a ramp for enhanced accessibility. Whether seeking an investment property or a new home, this residence caters to a variety of needs.

This home has been viewed 46 times

Last Checked: May 3rd, 2024 at 4:51am (Source: MLS PIN #73202698)

Gross Income: $30,000

Gross Expenses: $8,859

Net Income Calc: $21,141

CAP Rate: 2.64%

Annual Expenses for 11 Coleman St, Malden MA 02148

Total Gross Expenses (Calculated)$8,859/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,859

Annual Income & Unit Breakdown for 11 Coleman St, Malden MA 02148

Total Gross Income (Calculated)$30,000

Unit 1

Rental Income$2,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(hot Water)

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit0

HeatingYes

Rent IncludesUnit 1(hot Water)

General Information for 11 Coleman St, Malden MA 02148

Listing ID73202698

Property TypeMulti Family

Price$799,888 ($315.41/SqFt)

StyleMulti Family

CityMalden

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,536 SqFt

Approximate Lot Size (Acres)0.18 acres

Total Parking6

Garage Parking

Year Built1960

Year Built SourceOwner

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningResB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 11 Coleman St, Malden MA 02148

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$30,000

Total Net Income By Broker$30,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 11 Coleman St, Malden MA 02148

Real Estate Taxes$8,859

Tax Year2024

Assessed Value$757,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$30,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$30,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.64%

Location Information for 11 Coleman St, Malden MA 02148

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Public Transportation, Pool, Sidewalks

Contact Information for 11 Coleman St, Malden MA 02148

Agent

Name: MG Group

Office

Name: Century 21 North East

Phone: 617-389-1129

Team Members

Name: Gesiane Soares

Phone: 617-710-2681

Payment Calculator

, Interest

Property Taxes 738.25

Principal & Interest 4928.66

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

MG Group

Agent Phone

Office Phone

(617) 389-1129

Text Agent Call Agent Call Office

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                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-03 04:52:04
                    [modified] => 2024-05-03 04:52:04
                )

[21] => Array
                (
                    [id] => 5299427
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73202698&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-03 04:52:04
                    [modified] => 2024-05-03 04:52:04
                )

[22] => Array
                (
                    [id] => 5299428
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73202698&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-03 04:52:04
                    [modified] => 2024-05-03 04:52:04
                )

)

)

EXIT