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16 Meridian Parkway

Malden MA 02148

6
3
1
3100 sq. ft.
3049 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Exceptional investment opportunity in the heart of Malden! This beautifully updated two-family property generates over $100K in annual rental income, making it an outstanding income-producing investment. Conveniently located within walking distance to Malden Center T Station, shops, restaurants, and vibrant downtown amenities, with easy access to Boston and major routes. Both units feature stunning chef-inspired kitchens with elegant marble countertops, spacious islands, stainless steel appliances, recessed lighting, beautifully renovated bathrooms with modern finishes, gleaming hardwood floors throughout, central air conditioning, central heating, and in-unit laundry. Major improvements include an updated roof (~8 years), heating systems, vinyl siding (~5 years), and hot water tanks (~3 years), offering peace of mind and low-maintenance ownership. With extensive updates already completed, this turnkey property is ready for its next owner!

Features

6 bedrooms
3 bathrooms
1 carspace
1 open car space
3100 sq. ft. floor area
3049 sq. ft. lot size
Multi-Family

Property history for 16 Meridian Parkway

2019
Sold
$850,000
04 Jan 2019 by Alex Wang, of Guang Sha Realty LLC
1995
Sold
$112,000
25 Jul 1995

Happy sellers in Malden

85%
85% of sellers in Malden reported that their sale price either exceeded or met their price expectations.

Malden stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Malden over the last 12 months.

Local market activity for 6 bedroom multi families in Malden

In the last 12 months, 14 six-bedroom multi families similar to 16 Meridian Parkway, have been sold.

This represents a 100% decrease in six-bedroom multi families sales when compared to the previous 12 months.

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