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Image 1 - 374 Broadway, Malden, Massachusetts, 02148 - House for sale
Image 2 - 374 Broadway, Malden, Massachusetts, 02148 - House for sale
Image 3 - 374 Broadway, Malden, Massachusetts, 02148 - House for sale
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Image 5 - 374 Broadway, Malden, Massachusetts, 02148 - House for sale
Broadway, Malden, Home For Sale
374 Broadway, Malden, Massachusetts, 02148

Broadway, Malden, Home For Sale

house for sale
Listed: Today

374 Broadway, Malden, Massachusetts, 02148

5 Bed:
2 Bath:
1,600 Sq Ft Living Area:
Save
Price
$ 785,000

About This House

This two-unit value-add multifamily property is 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 GSF.Unit 1 consists of a two bedroom layout and unit 2 consists of a three bedroom layout. The property features 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.

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Malden Housing & Living

Household Income

Median household income: $62,361
Number of households: 23,028
The average household income in Malden, MA grew from $60,085 to $62,361 in the past year. This data is an estimate based upon 23,028 households in Malden, MA.
The chart below presents how household income is distributed in Malden, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Malden, MA compared to median property taxes around the country. The prevalent amount of property taxes in Malden, MA equals $3k+ , which is more than the national average.