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$1,700,000
Total Beds: 10 Total Baths: 6
Total Units: 4 SQFT: 5363
LOT size: 0.11 Acres
163 West St
Malden, MA 02148
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Property Description

Discover 163 West Street, a rare four-family residence built in 2002, offering tremendous potential for both investors and owner-occupants. Located in a sought-after Malden neighborhood, this pristine property is primed for condo conversion. Conveniently situated between Malden and Wellington Stations, it features a durable 40-year asphalt shingle roof, a solid poured concrete foundation, and energy-efficient Harvey double-paned windows. The modern updates include stylish kitchens and bathrooms, a sprinkler system for safety, ample parking, in-unit and common laundry, and an on-demand hot water heater.The layout includes two two-bedroom, one-bathroom units on the first level and two townhome-style three-bedroom, two-bathroom units on the second and third levels. With over 5,000 square feet of living space, this property combines modern amenities with a prime location, making it a remarkable opportunity for rental income or personal residence.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 10
  • Total Full Baths: 6
  • Amenities: Bike Path, Highway Access, House of Worship, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Pantry, Stone/Granite/Solid Counters, Storage, Tile Floor
  • Common Appliances: Dishwasher - ENERGY STAR, Disposal, Dryer, Microwave, Range, Refrigerator - ENERGY STAR, Washer
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 28800
  • Net Operating Income: 28800

Utilities

  • Heat Zones: 4
  • Cooling Zones: 4
  • Electric Info: 200 Amps
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 2
  • Levels: 2

Unit 4 Description

  • Included in Rent: Water
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 2002
  • Type: 4 Family
  • Construction Type: Aluminum, Frame, Stone/Concrete
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73300662
  • Last Updated: 10/13/24

Mortgage Calculator

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Map

Seller's Representative: Jaclyn Wells, Leading Edge Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
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 2024-10-13 03:05:00

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