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$1,179,000
Total Beds: 7 Total Baths: 3
Total Units: 3 SQFT: 2778
LOT size: 0.19 Acres
42-44 Columbia St
Malden, MA 02148
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Property Description

This exceptional three-family property in Malden offers a unique opportunity to combine the best of single-family living with savvy multi-family investment.Key Highlights: Single-family feel:The side unit boasts a private entrance deck and yard creating a distinct single family home-like experience. Flexible Living Options:Ideal for owner-occupants:Reside in the side unit while renting the two main units or investor maximize income by renting all three.Separate utilities for each unit & 4th meter.Side Unit Amenities:Two bedrooms, bathroom, updated kitchen with dining area, open living space,and in-unit washer/dryer. Income-generating main building:Two- and three-bedroom units occupied by reliable tenants,offering potential rental income growth.Generous parking:Accommodates up to eight vehicles-an invaluable feature in the area! Prime location:Minutes from public transit and highways, extension opportunities in the attic & owner unit.Excellent choice for owner-occupants and investors.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 2
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Medical Facility, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 90000
  • Net Operating Income: 90000

Utilities

  • Heat Zones: 5
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • 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

Construction

  • Year Built: 1880
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73311961
  • Last Updated: 12/01/24

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Map

Seller's Representative: Laxmi Khanal, StartPoint Realty
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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MLS PIN data last updated at 2024-12-01 18:53:00