Location! Location! Location! prime 6-unit investment property located just steps from the Malden T Station on the Orange Line, offering quick and easy access to downtown Boston. This vibrant and growing city is increasingly attracting professionals seeking convenient living options close to the heart of Boston. Each of the six spacious units features 2 bedrooms and 1 bathroom, making them highly desirable in this sought-after area. The property currently generates $109k annually in rental income, with the potential to increase to $180k annually based on market rent estimates. This is a rare opportunity to acquire a turnkey investment with significant upside in a high-demand location. schedule a viewing and explore this exceptional investment opportunity.

Property Details

Price:
$1,980,000
MLS #:
73282097
Status:
Active
Beds:
12
Baths:
6
Address:
17 Hubbard St
Type:
Multi Family
Subtype:
5-9 Family
City:
Malden
Listed Date:
Aug 27, 2024
State:
MA
Finished Sq Ft:
5,814
Total Sq Ft:
5,814
ZIP:
02148
Lot Size:
3,716 sqft / 0.09 acres (approx)
Year Built:
1954
Units:
6

Schools

Interior

Bathrooms
6 Full Bathrooms

Exterior

Construction Materials
Frame
Parking Features
Paved Drive
Parking Spots
3
Roof
Shingle

Financial

Net Operating Income
$109,800
Tax Year
2024
Taxes
$15,045

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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17 Hubbard St
Malden, MA