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1093-1095 Salem St, Malden, MA 02148

Linden

Multi-Family

$475,000
Price
$490,500
Sale Price

2
Units
2,776
Approx. GLA
Introducing 1093-1095 SALEM STREET, *2-FAMILY HOME* located in Malden’s premiere Linden Neighborhood!!* On bus route to Malden Train Station. Local amenities include popular restaurants, shops, movie theater, local parks, bike path and much more. Excellent location! This property needs a lot of work/updates in unit 2, back hallways, roof, siding & back deck but has TREMENDOUS POTENTIAL and has the ability to create value w/ smart updates. This property is an ideal project for developer, or long-term investor or owner occupancy(w/ Unit 2 vacant). Nice, SPACIOUS LAYOUTS in both units, totaling 12 rooms, 4+ BR, 2 Full Baths -- 2776 sq ft. Unit 1 AND Unit 2 feature 2+ beds, EIK, Open Concept DR/LR w/ HARDWOOD FLOORS & Built-ins. OUTSIDE SPACE is a Huge Asset w/ some Green Space in backyard & *Plenty of Off-street PARKING in driveway and 2-CAR GARAGE!* Close to Rte 1/95/128, Boston, great commuter location. Estate Sale. Property to be Sold "As-Is". Won't Last!
Highlights
Sale Price: $490,500
Settled Date: 2/7/2017 12:00:00 AM
Area/Village: Linden
Basement Features: Partial, Walk Out, Concrete Floor, Unfinished Basement
List Price: $475,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 4
Baths: 2
Units: 2
Year Built: 1900
Year Round: Yes
Approx. GLA: 2,776
MLS#: 72098771
Interior
Basement: Yes
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 2
Heating Zones: 2
Flooring: Vinyl, Hardwood
Hot Water: Varies Per Unit
Rooms: 12
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.12
Lot Size: 5,328.00
Lot Description: Paved Drive
Foundation: Concrete Block
Garage Spaces: 2
Parking Spaces: 6
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: White
Construction: Frame, Stone/Concrete
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Oven
Exterior: Vinyl
Exterior Features: Deck - Wood, Gutters
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $410,000
Taxes: $6,216
Tax Year: 2016
Book/Page: 43671/264
School
Grade School: Linden School
Middle School: Malden Middle
High School: Malden High
Beach
Beach: No
Expenses
Expenses Source: Limited Information, Not Available
Gross Income: $20,400
Total Rent: $1,700
Net Income: $20,400
 
 
Additional
Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, University
Exclusions: Chandeliers not included
Disclosure Declaration: No
Disclosure: The interior photos are of Unit 1 only. Unit 2 needs a lot of work, but is a Spacious 2+ bed unit with great layout and Eat-In Kitchen w/ tremendous potential! Unit 1 is in very good condition & tenant in Unit 1 is paying $1,700 / month rent. Taxes DO NOT include Malden's Owner Occup. Tax exemption.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 2 0 1 1 0 No 1 $1,700
Unit 2 6 2 0 2 1 0 No 1
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator, Freezer  Heating:  Forced Air, Gas  Interior:  Ceiling Fans, Cable TV Available, Pantry, Balcony/Deck  Rooms:  Kitchen, Living RM/Dining RM Combo, Office/Den 
Unit 2
Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator, Freezer  Heating:  Hot Water Radiators, Oil  Interior:  Cable TV Available, Pantry, Balcony/Deck  Rooms:  Kitchen, Living RM/Dining RM Combo, Office/Den 
Map
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The listing office is RE/MAX Andrew Realty Services and the listing agent is David Ladner. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. 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, 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. MLS Property Information Network, Inc. and it's 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. The data was last modified on 12/13/2017 3:05:00 PM.
 
David Ladner, REALTOR®
David Ladner, REALTOR®
RE/MAX Andrew Realty Services

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