338 BroadwayMalden, MA 02148MLS Number 72729215

  • Price: $749,000
  • 36 Days on Market
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Federal 30-year interest rate: 2.8% last updated on Oct 22, 2020
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338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148338 Broadway Malden MA 02148
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  • 0.16Acreage
  • 1966Year Built
  • 2,802Square Feet
PUT YOUR BUSINESS ON THE 1st FLOOR - HIGH TRAFFIC w/ PARKING. FAVORABLE NEIGHBORHOOD BUSINESS ZONING. CAN DELIVER 1st FLOOR EMPTY. Current 1400sf Retail Hair Salon is a Tenancy-at-Will rented for $2700 per month plus tenant pays $200 in water every month. 2nd Floor Huge DE-LEADED 1400sf Newly Renovated 5 Bedrooms / 1 Bath Apartment Rented for $2800 per month with lease until 8/31/2020. Both units have their own Gas Central HVAC AC and Separate Water Heater. 12 Off-Street Parking Spaces. Both spaces are under market rent. 1st floor Retail Salon could fetch $3500 per month and 2nd Floor 5 Bedrooms could fetch $3500 per month. Going in CAP RATE of 6.4%, Can be raised to 8% with rent increases.
Listed by Michelle Bacci of United Properties, Inc.

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-844-9371
127 Franklin St
Reading, MA 01867

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More Info

Parking

  • Parking Spaces12
  • Parking Feature11-20 Spaces
  • Total Parking Spaces12

Building

  • Year Built1966
  • Total Units2
  • Total Bldg Sf2802
  • Rsu Units1
  • Reu Units1
  • No Buildings1
  • No Stories2
  • Entry OnlyNo

Other

  • Modification Date2020-10-11T03:05:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book57604
  • Listing AgreementExclusive Right to Sell
  • Block677
  • Rsf Bldg Sf1401
  • Ref Bldg Sf1401
  • ExchangeNo
  • Page393
  • View Count1

Basic Information

  • MLS Number72729215
  • Prop TypeCI
  • Status Date2020-10-07T16:54:00
  • Date Listed09/18/2020
  • List Price$749,000
  • Price Per Square Foot$267
  • LeaseNo
  • DirectionBroadway
  • MLS StatusActive

Location

  • StreetBroadway
  • TownMalden
  • StateMA
  • Zip02148
  • CountyMiddlesex

Property

  • Acreage0.16
  • Space AvailableFor Sale
  • Square Feet2,802
  • SubletNo
  • Lot707
  • Lot Size6762
  • Main LoAN0161

Photos

  • Photo Date2020-09-18T16:55:00
  • Number of Photos16
Listed by Michelle Bacci of United Properties, Inc.

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 its 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.

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