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18-20 Benner Ave, Malden, MA
Not Available - Off MarketPrice Reduced $65,000
0
$1,125,000
Total Beds: 5 Total Baths: 3
Total Units: 3 SQFT: 2561
LOT size: 0.07 Acres
18-20 Benner Ave
Malden, MA 02148
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This Property is No Longer Available

Property Description

Turnkey rental with all 3 units currently rented, with current income at $6,200 per month, and the potential to market to $6,500 per month. 3 family. Cash cow! 6200 a month! Rare investment find on a highly desired quiet street in Malden. This 3 family home is centrally located just minutes walking from broth Ferry St School and Malden Center, and is close to public transportation, amazing restaurants, parks and playgrounds. This building features 2 off-street tandem parking, and 60, 99, and other highways makes this an excellent commuting option.Units 1 and 2 have both been recently upgraded and feature leased tenants new kitchen, in unit laundry, while Unit 3 has additional flexibility with a TAW.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Common Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer

Financial

  • APOD Available: Yes
  • Gross Operating Income: 74400
  • Net Operating Income: 74400

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73238776
  • Last Updated: 09/18/24

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Map

Seller's Representative: Rose Hall, Blue Ocean Realty, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2024-09-18 03:30:00

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