Overview Property Details Payment Calculator Walkability

Canceled

18-20 Benner Ave, Malden MA 02148

$1,125,000

Estimated $2,561.35/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $375,000

Total Rent: 74400/year

Estimated CAP Rate: 5.83%

5 Bedrooms

3 Full Baths

2,561 SqFt

Total Parking: 2

2,927 SqFt

Turnkey rental with all 3 units currently rented, with current income at $6,200 per month, and the potential to market to $6,500 per month. 3 family. Cash cow! 6200 a month! Rare investment find on a highly desired quiet street in Malden. This 3 family home is centrally lo...

This home has been viewed 68 times

Last Checked: October 7th, 2024 at 6:54pm (Source: MLS PIN #73238776)

Gross Income: $74,400

Gross Expenses: $8,846

Net Income Calc: $65,554

CAP Rate: 5.83%

Annual Expenses for 18-20 Benner Ave, Malden MA 02148

Total Gross Expenses (Calculated)$8,846/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,846

Annual Income & Unit Breakdown for 18-20 Benner Ave, Malden MA 02148

Total Gross Income (Calculated)$74,400

Unit 1

Rental Income$2,350

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

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

Unit 2

Rental Income$2,250

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

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

Unit 3

Rental Income$1,600

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

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

General Information for 18-20 Benner Ave, Malden MA 02148

Listing ID73238776

Property TypeMulti Family / 3 Family

Price$1,125,000 ($439.28/SqFt)

Style3 Family

CityMalden

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,561 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking2

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningResA

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 18-20 Benner Ave, Malden MA 02148

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$74,400

Total Net Income By Broker$74,400

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 18-20 Benner Ave, Malden MA 02148

Real Estate Taxes$8,846

Tax Year2024

Assessed Value$756,700

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$74,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$74,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.83%

Location Information for 18-20 Benner Ave, Malden MA 02148

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesNo

Contact Information for 18-20 Benner Ave, Malden MA 02148

Agent

Name: Rose Hall

MLS ID: CN200679

Office ID: AN2056

Address: 10 Bishops Lane

City: Lynnfield

State: MA

Zip: 01940

Office

Name: Blue Ocean Realty, LLC

MLS Office ID: AN2056

Phone: 617-206-5700

Team Members

Name: Key Kuen Ho

MLS ID: CN254822

Office ID: AN2056

Phone: 781-496-7954

City: Lexington

State: MA

Payment Calculator

$7,669.06 per month

30 Years Fixed, 6.75% Interest

Property Taxes $737.17

Principal & Interest $6,931.89

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Blue Ocean Realty, LLC

Rose Hall

Agent Phone

Office Phone

(617) 206-5700

Text Agent Call Agent Call Office

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EXIT

Canceled

18-20 Benner Ave, Malden MA 02148

$1,125,000

Annual Expenses for 18-20 Benner Ave, Malden MA 02148

Annual Income & Unit Breakdown for 18-20 Benner Ave, Malden MA 02148

General Information for 18-20 Benner Ave, Malden MA 02148

Disclosures for 18-20 Benner Ave, Malden MA 02148

Financial Information for 18-20 Benner Ave, Malden MA 02148

Location Information for 18-20 Benner Ave, Malden MA 02148

Contact Information for 18-20 Benner Ave, Malden MA 02148

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Blue Ocean Realty, LLC

Rose Hall