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...
This home has been viewed 42 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
CAP Rate: 5.93%
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 Tax$9,126
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 Includes
Unit 2
Rental Income$2,250
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,600
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 18-20 Benner Ave, Malden MA 02148
Listing ID73344994
Property TypeMulti Family / 3 Family
Price$1,099,990 ($429.52/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 Materials
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningResA
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
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 Source
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 Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 18-20 Benner Ave, Malden MA 02148
Real Estate Taxes$9,126
Tax Year2025
Assessed Value$806,200
Financial Data Source
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)5.93%
Location Information for 18-20 Benner Ave, Malden MA 02148
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Pool, Tennis Court(s), Private School, University
Contact Information for 18-20 Benner Ave, Malden MA 02148