Multi-Family for Sale: 563-565 Salem St, Malden, MA 02148

7 beds
3 full baths
2,312 sqft
$1,139,900
$1,139,900
563-565 Salem St, Malden, MA 02148
7 beds
3 full baths
2,312 sqft
$1,139,900
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Price:
$1,139,900
$50,100 - 09/05/2024

Type Multi-Family
Beds 7
Total Baths 3 full baths
Square Feet 2,312 sqft
Garage Spaces 2
Lot Size 0.13 acres
Year Built 1870

City Malden
County Middlesex

MLS 73277232
Status Pending
DOM 97 days
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- 3 rooms, 1 bedroom, 1 bathroom; UNIT2 - 4 rooms, 2 bedrooms, 1 bathroom; UNIT3 - 7 rooms, 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.

Lot & Building Features

Construction Frame
Sewer Public Sewer
Tax Year 2024
Taxes Paid $8,530
Water Public
Foundation Stone
Roof Shingle
Full Baths 3
Parking Off Street, Paved Drive
Total Rooms 14
Basement Feature Partial, Walk-Out Access
Garage Spaces 2

Price History of 563-565 Salem St, Malden, MA

Date Name Price Difference
09/05/2024 Price Adjustment $1,139,900 4.21%
08/13/2024 Listing Price $1,190,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$835,000
$359 / sqft
Average
$907,000
$386 / sqft
High
$1,000,000
$426 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Malden 02148 7 3.0 $1,139,900 2,312 $493 N/A
35 Waverly Avenue Everett 02419 6 2.0 $950,000 2,478 $383 10/20/2023
84 Grove Chelsea 02150 6 3.0 $875,000 2,472 $354 04/01/2024
26 Julia St Malden 02148 6 2.0 $880,000 2,264 $389 03/15/2024
26 Argyle St Everett 02149 6 3.0 $1,000,000 2,346 $426 06/06/2024
24-26 Fuller Everett 02149 6 2.0 $860,000 2,112 $407 08/16/2024
17 Grover St Revere 02151 6 2.0 $950,000 2,447 $388 08/20/2024
227 Malden Street Revere 02151 6 2.0 $835,000 2,328 $359 10/07/2024
16 Tileston St Everett 02149 7 3.0 $940,000 2,315 $406 09/05/2024
12 Cleveland Ave Everett 02149 7 3.0 $930,000 2,276 $409 09/10/2024
20 Liberty St. Everett 02149 8 3.0 $850,000 2,481 $343 10/04/2024

Map of 563-565 Salem St, Malden, MA

Location Map Street View
Photo of Corey Porter
Direct: 603-213-4724
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by LAER Realty Partners, Manoel Neto
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563-565 Salem St (MLS #73277232) is a multi-family listing located in Malden, MA. This multi-family listing is 2,312 sqft and on a lot of 5,484 sqft (or 0.13 acres) with 7 bedrooms, 3 baths and is 154 years old. This property was listed on 08/13/2024 and has been priced for sale at $1,139,900.

The 6 bedroom multi-family listing at 24-26 Fuller in Everett is nearby and sold for $860,000 on 08/16/2024. Another nearby 6 bedroom multi-family listing, 35 Waverly Avenue in Everett sold for $950,000 on 10/20/2023.

Nearby zip codes are 02149, 02150, 02151, 02176 and 02178. This property neighbors other cities such as Chelsea, Everett, Melrose, Revere and Saugus.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: LAER Realty Partners

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.