Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Expired

458-460 Ferry St, Malden MA 02148

$999,000

Estimated $2,197/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $199,800

Total Rent: 52800/year

Estimated CAP Rate:

4 Bedrooms

Baths

2588

Total Parking: 0

3,040 (0.07)

Here is your opportunity to purchase an income producing 5 unit mixed use building with 4 residential units and 1 commercial unit (currently a hair salon). Rents have room to be increased with all tenants currently TAW with 30 day notice. Heat is included for the 4 residential units but the property currently has separate gas meters with 2 heating systems. One heating system is for the hair salon (heat not included in their rent) and 1 for the 4 residential units. 2 of the units have recently been updated with newer cabinets and granite countertops. Roof, heating system, and windows were all done around 2004. Building is fully occupied so please allow 48 hour notice for all showings.

This home has been viewed 60 times

Last Checked: May 6th, 2024 at 11:50pm (Source: MLS PIN #73062099)

Gross Income: $52,800

Gross Expenses: $18,226

Net Income Calc: $34,574

Annual Expenses for 458-460 Ferry St, Malden MA 02148

Total Gross Expenses (Calculated)$18,226/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6927.11

Annual Income & Unit Breakdown for 458-460 Ferry St, Malden MA 02148

Total Gross Income (Calculated)$52,800

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 458-460 Ferry St, Malden MA 02148

Listing ID73062099

Property TypeMulti Family

Price999000 ($386.01/SqFt)

Style5+ Family - 5+ Units Up/down

CityMalden

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2588

Approximate Lot Size (Acres)0.07

Total Parking0

Garage Parking0

Year Built1938

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningNB

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 458-460 Ferry St, Malden MA 02148

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTree House

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Compensation Based OnNet Sale Price

Financial Information for 458-460 Ferry St, Malden MA 02148

Real Estate Taxes6927.11

Tax Year2022

Assessed Value$560,900

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 458-460 Ferry St, Malden MA 02148

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 458-460 Ferry St, Malden MA 02148

Agent

Name: Koury Signoriello Realtor Group

Office

Name: New World Realty

Phone: 508-699-0608

Payment Calculator

, Interest

Property Taxes 577.26

Principal & Interest 6155.52

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

New World Realty

Koury Signoriello Realtor Group

Agent Phone

Office Phone

(508) 699-0608

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.07 acres (3,040 SqFt)
    [add_date] => 2024-05-06 23:50:51
    [address] => Ferry St
    [agent] => Array
        (
            [address] => 
            [city] => 
            [id] => TM329957
            [name] => Koury Signoriello Realtor Group
            [national_association] => 
            [office] => BB0285
            [state] => 
            [zip] => 
        )

[apod_available] => Array
        (
            [0] => Yes
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2588
    [approx_lot_size_acres] => 0.07
    [approx_lot_size_sqft] => 3040
    [assessed_value] => $560,900
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 4
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Malden
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Middlesex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Here is your opportunity to purchase an income producing 5 unit mixed use building with 4 residential units and 1 commercial unit (currently a hair salon). Rents have room to be increased with all tenants currently TAW with 30 day notice. Heat is included for the 4 residential units but the property currently has separate gas meters with 2 heating systems. One heating system is for the hair salon (heat not included in their rent) and 1 for the 4 residential units. 2 of the units have recently been updated with newer cabinets and granite countertops. Roof, heating system, and windows were all done around 2004. Building is fully occupied so please allow 48 hour notice for all showings.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Tree House
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 2
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-06 23:50:51
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73062099
    [neighborhoods] => 
    [net_income_calc] => 34574
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 5
    [office] => Array
        (
            [id] => BB0285
            [name] => New World Realty
            [phone] => 508-699-0608
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 999000
    [price_per_sqft] => 386.01
    [price_per_unit] => 199800
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 5+ Family - 5+ Units Up/down
        )

[real_estate_tax] => 6927.11
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 12
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Expired
        )

[street_number] => 458-460
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 18226
    [total_gross_income] => 52800
    [total_parking] => 0
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Half
    [unit_1_bedrooms] => 0
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 2
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 2
    [unit_3_floor] => 2
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 458-460 Ferry St, Malden MA 02148
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
        )

[raw] => 
)

EXIT

39 More Photos

Expired

458-460 Ferry St, Malden MA 02148

$999,000

Annual Expenses for 458-460 Ferry St, Malden MA 02148

Annual Income & Unit Breakdown for 458-460 Ferry St, Malden MA 02148

General Information for 458-460 Ferry St, Malden MA 02148

Disclosures for 458-460 Ferry St, Malden MA 02148

Financial Information for 458-460 Ferry St, Malden MA 02148

Location Information for 458-460 Ferry St, Malden MA 02148

Contact Information for 458-460 Ferry St, Malden MA 02148

Agent

Office

Payment Calculator

Exclusive Listing Agent

New World Realty

Koury Signoriello Realtor Group