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374 Broadway 374 Broadway

2 Unit Block of Flats £619,365 (£309,682/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.

Data Room Click Here to Access

Property Facts Under Contract

Price £619,365
Price Per Unit £309,682
Sale Type Investment
No. Units 2
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.11 AC
Building Size 3,000 SF
Average Occupancy 100%
Number of Floors 3
Year Built 1880
Parking Ratio 1/1,000 SF

Unit Amenities

  • Deck

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 1 - -
3+1 1 - -
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MALD-000144-000675-000523
Land Assessment
£173,738
Improvements Assessment
£227,548
Total Assessment
£401,285

zoning

Zoning Code RESA (Residential Single Family)
RESA (Residential Single Family)
  • Listing ID: 32782171

  • Date on Market: 13/08/2024

  • Last Updated:

  • Address: 374 Broadway, Malden, MA 02148

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