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27 Cottage Place, Malden MA 02148

$699,000

Estimated $1,741/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,500

Total Rent: 51600/year

Estimated CAP Rate:

4 Bedrooms

Baths

2509

Total Parking: 6 (1 Garage)

3,502 (0.08)

This charming 2-family property located in Malden, Massachusetts boasts 4 bedrooms, perfect for families seeking a spacious home or landlord owner occupants seeking additional income. The home's location provides easy access to local amenities, shopping, and transportation, making it a convenient place to call home. Each unit features comfortable living spaces, well-appointed kitchens, and modern amenities, providing both style and functionality. The property also offers off-street parking, a garage, and a fenced backyard with a deck. This home has been maintained meticulously with many updates to major systems, windows, etc. Don't miss this unique opportunity to own a multi-family property in the heart of Malden! Video tour available: https://vimeo.com/794976730

This home has been viewed 62 times

Last Checked: May 7th, 2024 at 12:31am (Source: MLS PIN #73075334)

Gross Income: $51,600

Gross Expenses: $7,287

Net Income Calc: $44,313

Annual Expenses for 27 Cottage Place, Malden MA 02148

Total Gross Expenses (Calculated)$7,287/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7287

Annual Income & Unit Breakdown for 27 Cottage Place, Malden MA 02148

Total Gross Income (Calculated)$51,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 27 Cottage Place, Malden MA 02148

Listing ID73075334

Property TypeMulti Family / 2 Family

Price699000 ($278.6/SqFt)

Style2 Family - 2 Units Up/down

CityMalden

CountyMiddlesex

MLS AreaOak Grove

Neighborhood(s)

Approximate Living Area Total2509

Approximate Lot Size (Acres)0.08

Total Parking6 (1 Garage)

Garage Parking1

Year Built1880

Year Built SourcePublic Records

Year Built DetailsRenovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningResA

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 27 Cottage Place, Malden MA 02148

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

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 Compensation0

Sub-Agent Compensation2%

Compensation Based OnGross/full Sale Price

Financial Information for 27 Cottage Place, Malden MA 02148

Real Estate Taxes7287

Tax Year2023

Assessed Value$625,000

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 27 Cottage Place, Malden MA 02148

Elementary SchoolMalden Public

Middle SchoolMalden Public

High SchoolMalden Public

Neighborhood(s)

MLS AreaOak Grove

Area AmenitiesWalk/jog Trails

Contact Information for 27 Cottage Place, Malden MA 02148

Agent

Name: Sarkis James Kavlakian

Office

Name: Century 21 Tradition

Phone: 781-599-1776

Payment Calculator

, Interest

Property Taxes 607.25

Principal & Interest 4307.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Tradition

Sarkis James Kavlakian

Agent Phone

Office Phone

(781) 599-1776

Text Agent Call Agent Call Office

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EXIT

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