374 Broadway | 374 Broadway
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374 Broadway 374 Broadway
2 Unit Apartment Building $785,000 ($392,500/Unit) Malden, MA 02148
Investment Highlights
- Value-Add Opportunity
- Owner Occupier Potential
- Growing Submarket
- Off Street Parking
Executive Summary
Boston Realty Advisors is pleased to present for sale 374 Broadway, a two-unit value-add multifamily property located in Malden, MA. Situated just five miles north of Boston, 374 Broadway is strategically positioned in well located, growing submarket with high upside potential.
This multifamily property consists of two units across +/-3,000 SF. Unit 1 consists of a two bedroom layout and unit 2 consists of a three bedroom layout. The property offers off street parking in the rear of the building for 3 vehicles.
374 Broadway offers investors high upside potential through a value-add business plan upon acquisition. Through in-unit upgrades and common area renovations, investors can maximize their rental income. Additionally, 374 Broadway appeals to potential owner occupiers who are looking to occupy one unit for their own personal use.
This multifamily property consists of two units across +/-3,000 SF. Unit 1 consists of a two bedroom layout and unit 2 consists of a three bedroom layout. The property offers off street parking in the rear of the building for 3 vehicles.
374 Broadway offers investors high upside potential through a value-add business plan upon acquisition. Through in-unit upgrades and common area renovations, investors can maximize their rental income. Additionally, 374 Broadway appeals to potential owner occupiers who are looking to occupy one unit for their own personal use.
Data Room Click Here to Access
- Full Photography Package
Property Facts Under Contract
Unit Amenities
- Deck
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 1 | - | - |
3+1 | 1 | - | - |
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Walk Score ®
Very Walkable (79)
PROPERTY TAXES
Parcel Number | MALD-000144-000675-000523 | Improvements Assessment | $288,400 |
Land Assessment | $220,200 | Total Assessment | $508,600 |
PROPERTY TAXES
Parcel Number
MALD-000144-000675-000523
Land Assessment
$220,200
Improvements Assessment
$288,400
Total Assessment
$508,600
zoning
Zoning Code | RESA (Residential Single Family) |
RESA (Residential Single Family) |
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374 Broadway | 374 Broadway
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