Kimberly Delling - RE/MAX Encore | Wilmington, MA Real Estate, Andover, MA Real Estate

492-496 Ferry St, Malden, MA 02148  

Approx. GLA
Great investment opportunity!! Well kept mixed use building situated on an oversized corner lot. Public transportation is literally right outside the front door. Property consists of 4 residential rental units featuring 1 bedroom and 1 full bath in each unit. All units are fully rented! Property also contains 2 commercial units.1 currently housing a thriving pet grooming business which has been occupying the space since September of 2007. Other commercial unit currently leased for $850 per month.. Property also contains a 2 car garage which could also be leased providing even more income. Off street parking for 5 vehicles makes this property a unique find.
Open House
No scheduled Open Houses
Basement Features: Full, Concrete Floor
List Price: $874,900
Type: Multi-Family
Multi-Family Type: 4 Family - 4 Units Up/Down
Status: Under Agreement
Beds: 4
Baths: 5
Half Baths: 1
Units: 6
Year Built: 1925
Approx. GLA: 2,816
MLS#: 72352281
Basement: Yes
Rooms: 8
Lead Paint: Unknown
Total Floors: 3
Water: No
Acres: 0.08
Lot Size: 3,303.00
Lot Description: Corner
Foundation: Fieldstone
Garage Spaces: 2
Parking Spaces: 5
Road Type: Public
Color: Yellow
Construction: Frame, Stone/Concrete
Roof Material: Asphalt/Fiberglass Shingles
Water: City/Town Water
Water: City/Town Water
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $494,800
Taxes: $8,467
Tax Year: 2018
Book/Page: 19621/528
High School: Malden High
Beach: No
Gross Income: $48,000
Total Rent: $6,050
Net Income: $48,000
Amenities: Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School, T-Station
Disclosure Declaration: Yes
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 2 1 0 1 1 0 Yes 1 $1,000
Unit 2 1 1 0 2 1 0 Yes 1 $750
Unit 3 3 1 0 2 1 0 1 $1,400
Unit 4 2 1 0 3 1 0 1 $850
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The listing office is RE/MAX Encore and the listing agent is Gary Cieplik. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 9/23/2018 6:35:00 AM.