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60-62 Wigglesworth St, Malden MA 02148

$989,000

Estimated $2,393.58/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $329,666.67

Total Rent: 58800/year

Estimated CAP Rate: 4.99%

4 Bedrooms

3 Full, 3 Half Baths

2,777 SqFt

Total Parking: 6

4,800 SqFt

Beautifully maintained three-family home in a prime location within Malden’s booming market. Situated just few minutes walk from Malden Center and conveniently near several public transportation options. The first and second floors share identical layouts, featuring a living room, dining room, modern eat-in kitchens, and a spacious bedroom. Either the living or dining room could potentially be converted into a second bedroom. The third floor offers two sizable bedrooms along with an updated kitchen and bathroom. The property also provides plenty of storage, a coin-operated washer and dryer in the basement. The property includes two driveways, the left side accommodates two cars parked in tandem, while the right side can fit at least four cars with no obstructions.

This home has been viewed 115 times

Last Checked: January 29th, 2025 at 5:19am (Source: MLS PIN #73304331)

Gross Income: $58,800

Gross Expenses: $9,479

Net Income Calc: $49,321

CAP Rate: 4.99%

Annual Expenses for 60-62 Wigglesworth St, Malden MA 02148

Total Gross Expenses (Calculated)$9,479/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,479

Annual Income & Unit Breakdown for 60-62 Wigglesworth St, Malden MA 02148

Total Gross Income (Calculated)$58,800

Unit 1

Rental Income$1,500

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit0

HeatingYes

Rent Includes

Unit 2

Rental Income$1,500

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit0

HeatingYes

Rent Includes

Unit 3

Rental Income$1,900

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit0

HeatingYes

Rent Includes

General Information for 60-62 Wigglesworth St, Malden MA 02148

Listing ID73304331

Property TypeMulti Family / 3 Family

Price$989,000 ($356.14/SqFt)

Style3 Family

CityMalden

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,777 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking6

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningResA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 60-62 Wigglesworth St, Malden MA 02148

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$58,800

Total Net Income By Broker$58,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 60-62 Wigglesworth St, Malden MA 02148

Real Estate Taxes$9,479

Tax Year2024

Assessed Value$732,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$58,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$58,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.99%

Location Information for 60-62 Wigglesworth St, Malden MA 02148

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 60-62 Wigglesworth St, Malden MA 02148

Agent

Name: Teddy Balcha

Office

Name: Red Spade Realty LLC

Phone: 781-632-5307

Team Members

Name: Samson Assefa

Phone: 617-645-3067

Payment Calculator

, Interest

Property Taxes 789.92

Principal & Interest 6093.9

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Red Spade Realty LLC

Teddy Balcha

Agent Phone

Office Phone

(781) 632-5307

Text Agent Call Agent Call Office

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EXIT

Withdrawn

60-62 Wigglesworth St, Malden MA 02148

$989,000

Annual Expenses for 60-62 Wigglesworth St, Malden MA 02148

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Financial Information for 60-62 Wigglesworth St, Malden MA 02148

Location Information for 60-62 Wigglesworth St, Malden MA 02148

Contact Information for 60-62 Wigglesworth St, Malden MA 02148

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Red Spade Realty LLC

Teddy Balcha