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73 West St

Malden MA 02148

5
2
4
2200 sq. ft.
2775 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

NEWLY RENOVATED AND VACANT TWO FAMILY IN MALDEN!! Excellent opportunity for both owner-occupants and investors. Qualifying owner-occupants can take advantage of Malden’s 35% residential tax exemption, offering significant potential property-tax savings! This turnkey property has been extensively updated and is ready for its next owner. The vacant first-floor unit features 1 bedroom and 1 full bath with a bright, clean, move-in-ready layout. Market rent is estimated at approximately $2,200/month, offering strong income potential from day one.The spacious upper unit spans the second and third floors and has the feel of a true owner’s unit. The second level features a beautifully updated kitchen with attractive cabinetry that flows naturally into a dedicated dining area. The dining space also includes the refrigerator and a modern stackable washer and dryer, both included with the property. A thoughtfully designed separation wall provides definition and privacy for the laundry area while maintaining an open, seamless flow into the kitchen.From the dining area, step out onto the second-level rear porch, a great spot for a couple of chairs and a small table to enjoy morning coffee, hot chocolate, or crisp New England fall weather. The second level also offers a comfortable living room and one bedroom.The third floor provides 3 additional generously sized bedrooms, including the primary bedroom. Fresh paint, ceiling fans throughout, renovated living spaces, and a nicely updated bathroom give the home a clean, modern, move-in-ready feel. Market rent for the upper 4-bedroom unit is estimated at approximately $4,000/month, creating compelling owner-occupant or investment potential.Outside, the property offers great curb appeal with aluminum siding, a freshly painted blue exterior, manicured landscaping, and a private backyard. Multiple TV mounting brackets are already installed in several bedrooms, adding another convenient turnkey feature. Additional highlights include a clean basement and newer water tank.With both units vacant, strong market rents, extensive renovations, and a flexible layout, this is a rare opportunity to move in, rent out, or build your portfolio from day one. Turnkey multifamily opportunities like this in Malden don’t come around often — schedule your showing and see the potential for yourself.

Features

5 bedrooms
2 bathrooms
4 carspaces
4 open car spaces
2200 sq. ft. floor area
2775 sq. ft. lot size
Multi-Family

Property history for 73 West St

2010
Sold
$310,000
17 May 2010 by Annmarie DiGiovanni, of Century 21 Bond Realty, Inc.
1997
Sold
$148,500
29 Sep 1997 by Richard Wolfson, of Prudential Prime Properties

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 5 bedroom multi families in Malden

In the last 12 months, 7 five-bedroom multi families similar to 73 West St, have been sold.

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