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19 - 21 Barstow Street, Malden, MA

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19 - 21 Barstow Street

Malden, MA 02148-6801 - Bellrock MF Submarket

Property Type:Multi-Family Number of Units:4 Status:Existing Year Built:1900
Stories:4 Building Size:4,376 SF Land Area:.1 AC (4,356 SF)
For Sale Price:$1,094,000 Price/Unit:$273,500.00 Cap Rate:7.00 % GRM:-

Parking:1.37 Parking Spaces / 1,000 SF

Sale Notes:
** Attention investors ** This property has a solid rental income of up to $7,200 a month (ACTUAL MKT RENT STARTS @ $1,750.00 Month per unit), and a cap rate of 7% ** Excellent ROI ** This huge multi-family is classified as 4-8 building unit in the city. It has 4185 living sf on 0.1 AC land, featuring 16 rooms, 8 bedrooms, 5 bathrooms with up to six parking spaces - off street. One washer and dryer for all units. NEW roof installed 2015, separated utility (2 zones) and relatively new electrical wire, plumbing, and heating system. Well maintained, well located in Malden 5 to 10 minutes away from major shops, CVS, Walgreens, Stop and Shop, 88 Market and Malden Center Station. The Property is occupied (tenant at will) showing only during set open houses dates. ** Mortgage will be around $4,305.46/mo with 20% down @ 4.25% (not including property taxes) ****

Central Real Estate
Frederica Tassis
(617) 217-2889

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