MLS Number 72504343
- Multi-Family 5+ Family - Rooming House
- Next Open House: Wed 22nd 4:00 pm - 5:30 pm
- Year Built 1920
- Bedrooms 17
155 Clifton Street in Malden has a lodging house license to operate 17 rooms/apartments. This lodging house comprises 5 studios (with their own kitchen and baths) and 12 rooms with shared kitchen and baths (1 bath on each floor). These properties are rarely available and generate significant annual income for the smart investor operator. FYI - The seller is willing to stay and show new owner how to operate. Investor Alert - this property recently received a top to bottom "gut" renovation which allowed for new insulation, new heat and electric, new windows and hardwood floors, new sprinkler and fire systems. The kitchens and baths have quartz counter-tops and new appliances. The building has high end cameras on each floor. Laundry in the building. Significant off street parking and a two car garage. Located in a quiet residential neighborhood in the West End area of Malden within within walking distance to two Orange Line T stations. Open House Wednesday night 4-5:30 PM.
Listed by John Schwagerl & Scott Twadelle and John C. Schwagerl of RCG Properties