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Image 1 - 563-565 Salem St, Malden, Massachusetts, 02148 - House for sale
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- Salem St, Malden, Home For Sale
563-565 Salem St, Malden, Massachusetts, 02148

- Salem St, Malden, Home For Sale

house for sale
Listed: Today

563-565 Salem St, Malden, Massachusetts, 02148

7 Bed:
3 Bath:
2,312 Sq Ft Living Area:
Save
Price
$ 1,19M

About This House

Location! Location! This well-maintained 3-family home offers a fantastic investment opportunity in a highly desirable location. Situated close to shopping and transportation, and a 1.5 mile from Malden Center and the MBTA station. The property features: UNIT1- 3rooms, 1 bedroom, 1 bathroom; UNIT2 - 4rooms, 2 bedrooms, 1 bathroom; UNIT3 - 7rooms, 4 bedrooms, 1 bathroom. Each unit boasts hardwood floors and benefits from an efficient tankless water heater and gas heating system. The property also includes a newer roof, vinyl siding, ample parking spaces, and a 2-car garage. This combination of features makes it an excellent investment opportunity. It's also a great opportunity for a first-time home buyer who wants to live in a location close to everything, within minutes of Boston. Rents are below market value; all tenants are TAW.

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Bryant Terrace Apartments 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.