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

7 beds
3 full baths
2,312 sqft
$1,075,000
$1,075,000
563-565 Salem St, Malden, MA 02148 SOLD
7 beds
3 full baths
2,312 sqft
$1,075,000
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Selling Price: $1,075,000
Original List Price: $1,190,000
Sold at 90.3% of list price
Sold Date: 01/09/2025

Type Multi-Family
Beds 7
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 Closed
DOM 149 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

Date Name Price Difference
09/05/2024 Price Adjustment $1,075,000 9.66%
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.

Map of 563-565 Salem St, Malden, MA

Location Map Street View
Photo of Patrick Carey
Direct: 603-583-1000
Office
240 Ocean Blvd
Seabrook Beach, NH 03874
603-474-3401
Listed by LAER Realty Partners, Manoel Neto
Sold by Fiv Realty Co., Kadilak Realty Group
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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.