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563 565 Salem St

Malden, MA 02148

7 beds
3 baths
2,312 sqft
5,484 sqft lot
$493 per sqft
1870 build
– on site

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.

Listing courtesy of MLSPIN / Manoel Neto / LAER Realty Partners

Last checked: Checking… • Last updated Sep 9, 2024 •

MLS# 73277232 —

The Building

Year Built:

1870
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Partial
Foundation Details:

Stone
Patio And Porch Features:

Deck - Wood
Stories Total:

6
# of Units Total:

3
Building Area Total:

2312
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

14
Flooring:

Hardwood
Fireplace:

false

Room Dimensions

Living Area:

2312

Location

Directions:

gps
Latitude:

42.432131
Longitude:

-71.048987

The Property

Parcel Number:

599996
Property Type:

Residential Income
Property Subtype:

3 Family - 3 Units Up/Down
Lot Size Units:

Acres
Lot Size Area:

0.13
Lot Size SqFt:

5484
Lot Size Acres:

0.13
Zoning:

ResA
Water View:

No
Waterfront:

false
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

66378
Tax Annual Amount:

8530
Tax Assessed Value:

729900

Beds

Bedrooms Total:

7

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Home Warranty:

false

Utilities

Utilities:

for Gas Range
Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

true
Garage Spaces:

2
Parking Total:

7
Parking Features:

Paved Drive
Covered Spaces:

2
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/5/24 Sep 5, 2024	Price Changed	MLSPIN	$1,139,900	-4.2%
8/17/24 Aug 17, 2024	Listed / Active	MLSPIN	$1,190,000	240.0% (15.4% / YR)
2/3/09 Feb 3, 2009		MLSPIN	$350,000

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This multifamily located in Maplewood, Malden, MA 02148 is currently for sale for $1,139,900. 563 565 Salem St is a 2,312 square foot multifamily with 7 beds and 3 baths that has been on Estately for 26 days. 563 565 Salem St is in the Maplewood neighborhood of Malden and has a WalkScore® of 88, making it very walkable. This multifamily is in the attendance area of Salemwood Elementary School, Forestdale Elementary School, Malden Early Learning Center, Linden Stem Academy, Ferryway Elementary School, Malden High School, and Beebe Elementary School.

Listing Courtesy of: MLSPIN and LAER Realty Partners.

The property listing data and information 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 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.