OPEN HOUSE CANCELLED 2/12. SELLER HAS ACCEPTED AN OFFER!! A TREMENDOUS opportunity for owner-occupants/ investors at 69 Pierce street in Malden! This building just went through an overhaul with new vinyl siding, mechanical systems, floors, kitchens, and baths just to name a few. Unit 1 is a great sized 1 bedroom and 1 bath unit with 2 other smaller bonus rooms that could be used for additional living space however you chose! Unit 2 is a BI-LEVEL 3 Bed 1 Bath with laundry hookups. The new kitchens in both units feature gray shaker cabinets and stainless steel appliances. Bathrooms have both been fitted with new vanities, tubs, and new light fixtures. The exterior features a nice side yard and off-street parking! This 2 family sits just under a mile to Oak Grove Station and close proximity to Waitt's Mount, public transportation, shopping, and restaurants! Unit 2 will be delivered VACANT!
This home has been viewed 39 times
Last Checked: May 7th, 2024 at 3:11am (Source: MLS PIN #73073562)
Gross Income: $64,800
Gross Expenses: $6,941
Net Income Calc: $57,859
Annual Expenses for 69 Pierce St, Malden MA 02148
Total Gross Expenses (Calculated)$6,941/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6941
Annual Income & Unit Breakdown for 69 Pierce St, Malden MA 02148
Total Gross Income (Calculated)$64,800
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 69 Pierce St, Malden MA 02148
Listing ID73073562
Property TypeMulti Family
Price879999 ($394.97/SqFt)
StyleMulti Family
CityMalden
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2228
Approximate Lot Size (Acres)0.09
Total Parking1
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningResA
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 69 Pierce St, Malden MA 02148
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
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 Compensation1
Sub-Agent Compensation2
Compensation Based OnNet Sale Price
Financial Information for 69 Pierce St, Malden MA 02148
Real Estate Taxes6941
Tax Year2022
Assessed Value$562,000
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 69 Pierce St, Malden MA 02148
Neighborhood(s)
Area Amenities
Contact Information for 69 Pierce St, Malden MA 02148