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18-20 Benner Ave, Malden MA 02148

$1,099,990

Estimated $2,544/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $366,663.33

Total Rent: 74400/year

Estimated CAP Rate:

5 Bedrooms

Baths

2561

Total Parking: 2

2,927 (0.07)

Turnkey 3 family with current income at $6,200 per month, with the potential to market rent $6,500 per month. Cash cow! This Rare find investment on a quiet street in Malden, centrally located just minutes walking from broth Ferry St School and Malden Center. The property is close to public transportation, schools, restaurants, parks and playgrounds. This building features 2 off-street tandem parking, and route 60, 99, and other highways make this an excellent commuting option to Boston and Cambridge. Units 1 and 2 have both been recently upgraded with new kitchens and in unit laundry; Unit 3 has the flexibility with a TAW. Open house, Friday 3/14/25, 5p-6pm& Saturday 3/15/25, 11am-12:30 pm. All offers due Monday 3/17/25 @ 5pm.

This home has been viewed 92 times

Last Checked: March 19th, 2025 at 4:19am (Source: MLS PIN #73344994)

Gross Income: $74,400

Gross Expenses: $9,126

Net Income Calc: $65,274

Water Views

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

Total Gross Expenses (Calculated)$9,126/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9126

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

Total Gross Income (Calculated)$74,400

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

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

Listing ID73344994

Property TypeMulti Family / 3 Family

Price1099990 ($429.52/SqFt)

Style3 Family

CityMalden

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2561

Approximate Lot Size (Acres)0.07

Total Parking2

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningResA

Water ViewsNo

Water Views Features

Waterfront0

Waterfront 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

ExclusionsTenants Personal Belongings.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Compensation Based OnNet Sale Price

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

Real Estate Taxes9126

Tax Year2025

Assessed Value$806,200

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

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

Neighborhood(s)

Area AmenitiesWalk/jog Trails

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

Agent

Name: May Mai

Office

Name: PWK Realty LLC

Phone: 857-230-8603

Payment Calculator

, Interest

Property Taxes 760.5

Principal & Interest 6777.79

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

PWK Realty LLC

May Mai

Agent Phone

Office Phone

(857) 230-8603

Text Agent Call Agent Call Office

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EXIT

15 More Photos

Withdrawn

18-20 Benner Ave, Malden MA 02148

$1,099,990

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

Payment Calculator

Exclusive Listing Agent

PWK Realty LLC

May Mai