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52 Francis St, Malden MA 02148

$879,000

Estimated $2,092.29/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $439,500

Total Rent: 34200/year

Estimated CAP Rate: 2.98%

4 Bedrooms

3 Full Baths

2,769 SqFt

Total Parking: 6 (2 Garage)

5,001 SqFt

A RARE Opportunity to own this Beautiful Victorian Multi in PRIME West End! Many Architectural details as well as a Grand Style Turret completes the exterior Look! Unit #1 is spacious with high ceilings ,4 rooms,1 bed,1 full bath with hardwood floors throughout, an original ornamental fireplace also arched doorways make this unit unique. Unit #2 has hardwood floors and high ceilings, 7 rooms, 3 beds and 2 full baths with recent updates including granite counters, newer kitchen cabinets and updated bathrooms. Updates include NEW large windows throughout the house, newer roof, gutters, heating system and California closets! Plenty of parking also with a 2 car garage. Ideal location for growing family or investor, reasonable Market rents for these units total $5000, Cap rate would be 6%. Second floor tenant would like to stay. Unit 1 is vacant. WALK to Oak Grove T station, near by as well restaurants and shopping. Group Showings only start Sunday 4/2 12:30-1:30 call for app.

This home has been viewed 41 times

Last Checked: May 7th, 2024 at 6:01am (Source: MLS PIN #73087169)

Gross Income: $34,200

Gross Expenses: $8,004

Net Income Calc: $26,196

CAP Rate: 2.98%

Annual Expenses for 52 Francis St, Malden MA 02148

Total Gross Expenses (Calculated)$8,004/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,004

Annual Income & Unit Breakdown for 52 Francis St, Malden MA 02148

Total Gross Income (Calculated)$34,200

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$2,850

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 52 Francis St, Malden MA 02148

Listing ID73087169

Property TypeMulti Family

Price$879,000 ($317.44/SqFt)

StyleMulti Family

CityMalden

CountyMiddlesex

MLS AreaWest End

Neighborhood(s)

Approximate Living Area Total2,769 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking6 (2 Garage)

Garage Parking2 / Detached

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningResA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 52 Francis St, Malden MA 02148

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureAssessor, Public

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$9,500

Total Gross Income By Broker$54,600

Total Net Income By Broker$45,100

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 52 Francis St, Malden MA 02148

Real Estate Taxes$8,004

Tax Year2022

Assessed Value$686,100

Financial Data SourceOwner

Total Gross Expenses By Broker$9,500

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$54,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$45,100

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.98%

Location Information for 52 Francis St, Malden MA 02148

Elementary School

Middle SchoolMms

High SchoolMhs

Neighborhood(s)

MLS AreaWest End

Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Public Transportation, T-station, Private School

Contact Information for 52 Francis St, Malden MA 02148

Agent

Name: Joan Barker

Office

Name: LAER Realty Partners

Phone: 781-627-7200

Team Members

Name: Felicia Barker

Phone: 781-439-4555

Payment Calculator

, Interest

Property Taxes 667

Principal & Interest 5416.12

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

LAER Realty Partners

Joan Barker

Agent Phone

Office Phone

(781) 627-7200

Text Agent Call Agent Call Office

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[terms] => Array
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                    [enabled] => 1
                    [created] => 2024-05-07 06:01:42
                    [modified] => 2024-05-07 06:01:42
                )

[19] => Array
                (
                    [id] => 7401806
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087169&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-07 06:01:42
                    [modified] => 2024-05-07 06:01:42
                )

[20] => Array
                (
                    [id] => 7401807
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087169&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 06:01:42
                    [modified] => 2024-05-07 06:01:42
                )

[21] => Array
                (
                    [id] => 7401808
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087169&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 06:01:42
                    [modified] => 2024-05-07 06:01:42
                )

[22] => Array
                (
                    [id] => 7401809
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087169&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 06:01:42
                    [modified] => 2024-05-07 06:01:42
                )

[23] => Array
                (
                    [id] => 7401810
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087169&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 06:01:42
                    [modified] => 2024-05-07 06:01:42
                )

[24] => Array
                (
                    [id] => 7401811
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087169&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 06:01:42
                    [modified] => 2024-05-07 06:01:42
                )

[25] => Array
                (
                    [id] => 7401812
                    [name] => MLS26.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73087169&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 06:01:42
                    [modified] => 2024-05-07 06:01:42
                )

)

)

EXIT