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25 Baker, Malden MA 02148

$799,000

Estimated $1,903.57/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $399,500

Total Rent: 26400/year

Estimated CAP Rate: 2.39%

5 Bedrooms

2 Full Baths

2,214 SqFt

Total Parking: 6

5,301 SqFt

Ideal for developers, investors, contractors& individuals looking to put in some sweat equity: Spacious 2-Family Home situated in Malden's Maplewood neighborhood. Residents enjoy a serene environment without compromising urban accessibility and major roads proximity. The first floor unit has 4 good size bedrooms, 1 full bathroom, kitchen/dining area, living room and small back deck with access to the backyard for outdoor enjoyment. The second floor unit has updated electrical, plumbing, gas pipe and features a large bedroom, 1 full bathroom, kitchen, living room, finished attic and a private expansive deck overlooking the backyard as well as in unit washer& dryer. Heating was converted from oil to gas around 2010, the roof was replaced in 2013 and new hot water tanks: 2022 and 2023.The neighborhood is poised for sustained growth, translating into potential long-term property appreciation. Bigger ticket items done, needs some work and cosmetic updates. Sold as is.

This home has been viewed 31 times

Last Checked: May 8th, 2024 at 1:26am (Source: MLS PIN #73185676)

Gross Income: $26,400

Gross Expenses: $7,296

Net Income Calc: $19,104

CAP Rate: 2.39%

Annual Expenses for 25 Baker, Malden MA 02148

Total Gross Expenses (Calculated)$7,296/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,296

Annual Income & Unit Breakdown for 25 Baker, Malden MA 02148

Total Gross Income (Calculated)$26,400

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$2,200

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 25 Baker, Malden MA 02148

Listing ID73185676

Property TypeMulti Family / 2 Family

Price$799,000 ($360.89/SqFt)

Style2 Family - 2 Units Up/down

CityMalden

CountyMiddlesex

MLS AreaMaplewood

Neighborhood(s)

Approximate Living Area Total2,214 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking6

Garage Parking

Year Built1870

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter,Stone

Accessible Features

Outdoor Space

ZoningResA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 25 Baker, Malden MA 02148

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure2nd unit is on two floors, including a finished at

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$26,400

Total Net Income By Broker$26,400

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 25 Baker, Malden MA 02148

Real Estate Taxes$7,296

Tax Year2022

Assessed Value$627,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$26,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$26,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.39%

Location Information for 25 Baker, Malden MA 02148

Elementary SchoolSalemwood

Middle School

High SchoolMalden High

Neighborhood(s)

MLS AreaMaplewood

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, Sidewalks

Contact Information for 25 Baker, Malden MA 02148

Agent

Name: Doina Leca

Office

Name: Engel & Volkers Boston

Phone: 617-936-4194

Payment Calculator

, Interest

Property Taxes 608

Principal & Interest 4923.18

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Engel & Volkers Boston

Doina Leca

Agent Phone

Office Phone

(617) 936-4194

Text Agent Call Agent Call Office

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[owner_occupancy_source] => 
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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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[terms] => Array
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EXIT