This two-family building features two spacious 2-bedroom, 1-bathroom units and offers strong potential for value-add improvements. The property is subject to an affordable housing restriction and must remain as rental housing–owner-occupancy is not permitted. Ideal for experienced investors familiar with affordable housing regulations. Please refer to the attached documentation for full details.

Property Details

Price:
$625,000
MLS #:
73386898
Status:
Active
Beds:
4
Baths:
2
Address:
363 Broadway
Type:
Multi Family
City:
Malden
Listed Date:
Jun 6, 2025
State:
MA
Finished Sq Ft:
2,600
Total Sq Ft:
2,600
ZIP:
02148
Lot Size:
2,962 sqft / 0.07 acres (approx)
Year Built:
1900
Units:
2

Schools

Interior

Bathrooms
2 Full Bathrooms
Flooring
Wood, Vinyl, Varies, Laminate

Exterior

Community Features
Shopping, Park, Golf, Highway Access, Public School, Other
Construction Materials
See Remarks
Parking Features
Paved Drive, Off Street, Other
Parking Spots
2
Roof
Other

Financial

Tax Year
2024
Taxes
$99

Map

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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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363 Broadway
Malden, MA