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440 Pleasant St

Malden, MA 02148
  • $1,525,000
  • STATUS: Under Agreement
  • MLS #: 73161855
Pending
UPDATED: 57 min ago
$1,525,000
  • 4
    BEDS
  • 0.21
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 4,635
    SQFT
  • $329
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1938
County:
Area:

School Ratings & Info

Listing courtesy of Daniel O'rourke of Re/Max Andrew Realty Services.

Description

This five unit building is situated on a large corner lot with 15 parking spaces, blocks from vibrant Malden Center and MBTA Station. Malden Center is undergoing a magnificent transformation with new shops, restaurants and entertainment. Four nicely-sized one bedroom units and a five room office suite in the basement make up this well maintained property. Room to expand into the third floor from one of the second floor units. In building coin-operated laundry, strong rental history, and easy access to major highways, public transportation & local amenities. Two second floor units have lead compliance and are currently vacant. Basement Office space is also vacant, includes central ac and has been freshly painted. Opportunities like this don't come along every day. Fantastic opportunity for Investors!

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The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-12-02T17:04:58.273.
www.westcottproperties.com/homes/143583129
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440 Pleasant St Malden, MA 02148

  • Price: $1,525,000
  • Status: Under Agreement
  • On Site: Days
  • Updated: 57 min ago
  • MLS #: 73161855
4
Beds
4
Baths
1
½ Baths
0.21
Acres
4,635
SQFT
$329
$/SQFT
1938
Built
Neighborhood:
West End
County:
Middlesex
Area:
West End
Property Description
This five unit building is situated on a large corner lot with 15 parking spaces, blocks from vibrant Malden Center and MBTA Station. Malden Center is undergoing a magnificent transformation with new shops, restaurants and entertainment. Four nicely-sized one bedroom units and a five room office suite in the basement make up this well maintained property. Room to expand into the third floor from one of the second floor units. In building coin-operated laundry, strong rental history, and easy access to major highways, public transportation & local amenities. Two second floor units have lead compliance and are currently vacant. Basement Office space is also vacant, includes central ac and has been freshly painted. Opportunities like this don't come along every day. Fantastic opportunity for Investors!
Exterior Features

Color White Construction Materials Frame Covered Spaces 0 Exterior Features Gutters Fencing Fenced/Enclosed Garage YN No Lot Features Corner LotLevel Open Parking YN Yes Parking Features Paved DriveOff StreetLeasedPaved Parking Total 15 Road Frontage Type Public Road Responsibility Public Maintained Road Roof Shingle Spa YN No Waterfront YN No

Interior Features

Appliances WasherDryerUnit 2(RangeDishwasherMicrowaveRefrigerator)Unit 3(RangeDishwasherMicrowaveRefrigerator)Unit 4(RangeDishwasherMicrowaveRefrigerator)Utility Connections for Electric RangeUtility Connections for Electric DryerUtility Connections Varies per Unit Basement FullPartially FinishedWalk-Out Access Building Area Total 4635 Cooling Unit 1(Central Air) Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring TileCarpetVaries Per UnitLaminateHardwoodUnit 1(undefined)Unit 2(Wall to Wall Carpet)Unit 3(Tile FloorWall to Wall Carpet)Unit 4(Tile FloorHardwood FloorsWall to Wall Carpet) Foundation Details Irregular Heating Unit 1(Forced AirElectric)Unit 2(Electric BaseboardElectric)Unit 3(Electric Baseboard)Unit 4(Electric Baseboard) Heating YN Yes Interior Features Unit 1(StorageHigh Speed Internet Hookup)Unit 2(PantryHigh Speed Internet HookupBathroom with Shower Stall)Unit 4(Ceiling FansLead Certification AvailableBathroom With Tub & Shower)Unit 1 Rooms(Office/Den)Unit 2 Rooms(Living RoomKitchenOffice/Den)Unit 3 Rooms(Living RoomKitchen)Unit 4 Rooms(Living RoomKitchen) Laundry Features Laundry RoomWasher Hookup Lead Paint Certified TreatedUnknown Rooms Total 18 Window Features Insulated Windows

Property Features

Buyer Agency Compensation 2.0 Community Features Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityLaundromatHighway AccessHouse of WorshipPublic SchoolT-StationSidewalks Contingency Inspection Disclosures Rents for Units 4 & 5 (2nd floor units) are what the units were previously rented for. Units are vacant. Lead Certificates for 2 units on 2nd floor. Rent listed for unit 3 includes parking. Buyer to do due diligence & verify all info in listing. Seller makes no warranties or representation. Electric Circuit BreakersIndividually Metered Exclusions Sellers Personal Belongings. Tenants Personal Belongings. Green Energy Efficient Varies per Unit Gross Income 91980 Home Warranty YN No Net Operating Income 91980 Property Sub Type 5+ Family - 5+ Units Up/Down Rent Includes Unit 2(Hot Water)Unit 3(Hot WaterOther (See Remarks)) Senior Community YN No Sewer Public Sewer Tax Annual Amount 15363.05 Tax Year 2023 Total Actual Rent 7665 Transaction Broker Compensation 0 Utilities for Electric Rangefor Electric DryerWasher HookupVaries per Unit Water Source Public Year Built Details Approximate Zoning RO

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Daniel O'rourke of Re/Max Andrew Realty Services: 781-395-7676.


The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-12-02T17:04:58.273.
 
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Westcott Properties
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Listing courtesy of Daniel O'rourke of Re/Max Andrew Realty Services.