203 Summer StreetMalden, MA 02148MLS Number 73040127

  • Price: $1,349,000
  • Est. Mortgage of $/month
  • 4 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148203 Summer Street Malden MA 02148
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  • 10Bedrooms
  • 7Bathrooms
Open Houses Saturday 9/24 and Sunday 9/25, from 1:30-3:30 PM. Huge investment cash cow. Conveniently located near the Oak Grove station as well as easy access to churches, shops, restaurants, and numerous parks and reservations. This enormous multifamily is located on over a ΒΌ acre lot and consists of over 4,700 sqft living space. Features 10 large bedrooms, 6.5 baths, oversized windows allowing extra natural light, high ceilings, a roof deck, and space for over 10+ car parking. Well maintained with a newer fire alarm system as well as a newly renovated kitchen for Unit 2. Split into 2 units, with 6 beds for Unit 1 (1st and 3rd floor), and 4 beds for Unit 2, this arrangement is perfect for dividing Unit 1 into 2 units and/or establishing as a condo, resulting in a 3rd unit with 3 beds, 1 full bath. Both units are currently occupied by tenants, with the 3rd floor vacant. Current rent: Unit 2 - $4,100, Unit 1 - $3,000 ($5,100 previously with 3rd floor rented).
Listed by Rose Hall of Blue Ocean Realty,LLC

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
127 Franklin Street
Reading, MA 01867

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More Info

Basic Information

  • Gross Income $105,600
  • Lot Features Wooded
  • Mls StatusNew
  • Parcel Number M:012 B:051 L:102,591473

Basic Information

  • List Price$1,349,000
  • MLS Number73040127
  • Modification Date09/22/2022
  • Property SubTypeMulti Family

Property

  • Acreage0.23

Interior

  • Flooring Wood, Tile, Tile Floor, Hardwood Floors, Wood Flooring
  • Interior Features Storage, Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric 110 Volts
  • Heat SystemYes
  • Heating Forced Air
  • Sewer Public Sewer
  • Water Source Public

Tax Information

  • Tax Assessed Value $1,031,100
  • Tax Year 2022
  • Taxes$12,734

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces10

Location

  • Address203 Summer Street
  • Building Number203
  • CountyMiddlesex
  • StateMA
  • StreetSummer Street
  • TownMalden
  • Zip02148

Exterior

  • RoofSlate

Property Information

  • Building Area Source Public Records
  • Living Area 4,727
  • Lot Size Square Feet 10,006
  • Lot Size Units Acres
  • Square Feet4,727

Amenities

  • Amenities
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedRange, Microwave, Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Range Hood, Unit 2(Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Other AmenitiesBasement

School Information

  • Elementary SchoolSalem Woods
  • High SchoolMalden High
  • Junior HighSalem Woods

Rooms

  • Bathroom7
  • Bathrooms Total Decimal 10.5
  • Bedrooms10
  • Full Bath10
  • Half Baths1

Building

  • BasementUnfinished
  • Building Area Units Square Feet
  • Construction Materials Stone
  • FoundationStone
  • Foundation Area 9999
  • Garage Spaces
  • Patio And Porch Features Porch, Covered
  • Rooms18
  • Stories3
  • Utilities For Gas Range
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Owner

Other

  • Buyer Agency Compensation2.5
  • Date Listed09/22/2022
  • Farm Land Area Units Square Feet
  • View Count1

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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