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119/121 Oakland Street, Malden MA 02148

$1,250,000

Estimated $3,042.62/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $416,666.67

Total Rent: 69600/year

Estimated CAP Rate: 4.30%

6 Bedrooms

4 Full Baths

3,200 SqFt

Total Parking: 6

7,501 SqFt

New Malden Multi-Unit Listing - Great Income Property Investment/1099 Exchange. Two Buildings/One Lot - Legal Three Family in Beautiful Edgeworth Area of Malden Ma on Medford Line. New Gas Heating Systems installed in 121 Oakland Street(Two Family/Two Level). Rear Building at 119-R has Oil Heat. Driveway Parking Tandem for 6-8 cars/vehicles. Buyer's Agent/Attorney to confirm All Data.

This home has been viewed 20 times

Last Checked: May 7th, 2024 at 7:11am (Source: MLS PIN #73067629)

Gross Income: $69,600

Gross Expenses: $15,789

Net Income Calc: $53,811

CAP Rate: 4.30%

Annual Expenses for 119/121 Oakland Street, Malden MA 02148

Total Gross Expenses (Calculated)$15,789/year

APOD AvailableNo

Heating

Electricity

Water$3,600

Gas$3,600

Insurance

Sewer$3,600

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$12,189

Annual Income & Unit Breakdown for 119/121 Oakland Street, Malden MA 02148

Total Gross Income (Calculated)$69,600

Unit 1

Rental Income$2,000

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$1,900

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$1,900

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 119/121 Oakland Street, Malden MA 02148

Listing ID73067629

Property TypeMulti Family / 3 Family

Price$1,250,000 ($390.63/SqFt)

Style3 Family

CityMalden

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,200 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking6

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter,Block,Stone

Accessible Features

Outdoor Space

ZoningResA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 119/121 Oakland Street, Malden MA 02148

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureTwo Properties on One Lot - Legal Three Family

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data SourceEstimated, Owner

Total Gross Expenses By Broker$3,600

Total Gross Income By Broker$69,600

Total Net Income By Broker$69,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1.5

Facilitator Compensation1.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 119/121 Oakland Street, Malden MA 02148

Real Estate Taxes$12,189

Tax Year2022

Assessed Value$978,000

Financial Data SourceEstimated, Owner

Total Gross Expenses By Broker$3,600

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$69,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$69,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.30%

Location Information for 119/121 Oakland Street, Malden MA 02148

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Laundromat, Public Transportation, T-station

Contact Information for 119/121 Oakland Street, Malden MA 02148

Agent

Name: William W. Brennan

Office

Name: Greater Metropolitan R. E.

Phone: 781-574-1000

Payment Calculator

, Interest

Property Taxes 1015.75

Principal & Interest 7702.1

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Greater Metropolitan R. E.

William W. Brennan

Agent Phone

Office Phone

(781) 574-1000

Text Agent Call Agent Call Office

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[high_school] => 
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[horse_permitted] => No
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[id] => 342319
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[optional_fee_includes] => Array
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[optional_price] => 0
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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
        (
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[perc_test] => Array
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[perc_test_date] => Unknown
    [pet_policy] => Array
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[phone] => 781-454-5289
    [pool_features] => Array
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    [price_per_sqft] => 390.63
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    [private_pool] => No
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[real_estate_tax] => $12,189
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[rent_includes] => Array
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
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[roof_material] => Array
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[rooms] => 14
    [senior_community] => No
    [sewer] => Array
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[sewer_expense] => Array
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[short_sale] => 
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[state] => Massachusetts
    [state_code] => MA
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[street_number] => 119/121
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        (
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[style] => Array
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[subagent_compensation] => 
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    [tag_air_conditioning] => 1
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    [team] => Array
        (
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[terms] => Array
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[timber_acres] => None
    [title_5] => 
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    [total_gross_income] => 69600
    [total_parking] => 6
    [trash_expense] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 2 Full
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[unit_1_levels] => 2
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[unit_2_bathrooms] => 1 Full
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[unit_4_bathrooms] => 
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[water_views_features] => Array
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[waterfront] => No
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[year_built] => 1920
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    [zoning] => ResA
    [zoning_details] => 
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EXIT

Closed

119/121 Oakland Street, Malden MA 02148

$1,250,000

Annual Expenses for 119/121 Oakland Street, Malden MA 02148

Annual Income & Unit Breakdown for 119/121 Oakland Street, Malden MA 02148

General Information for 119/121 Oakland Street, Malden MA 02148

Disclosures for 119/121 Oakland Street, Malden MA 02148

Financial Information for 119/121 Oakland Street, Malden MA 02148

Location Information for 119/121 Oakland Street, Malden MA 02148

Contact Information for 119/121 Oakland Street, Malden MA 02148

Agent

Office

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Exclusive Listing Agent

Greater Metropolitan R. E.

William W. Brennan