68 Floral Avenue, Malden, MA 02148
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$998,000
2 Unit
7 Beds
3 Baths
2750 SQFT
0.17 Acre

Property Description

Corner lot updated 2-family home located in Malden’s highly sought after Forestdale neighborhood near the Melrose Line. Unit 1 features 3 bedrooms, 1 bathroom, corian countertops, hardwood floors, pantry space and laundry in basement. Unit 2 features two levels of living with 4 bedrooms, 2 bathrooms, office, hardwood floors throughout and an updated kitchen with stainless steel appliances and granite countertops. Spacious side yard as well as two decks at the rear of the property. Room for 2-3 parking spaces tandem off-street in driveway to left of house. Amazing investment/ income producing opportunity close to Boston. Both units are currently rented and can not be shown prior to the open houses scheduled for Saturday and Sunday.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub & Shower, Ceiling Fans, Internet Available - Broadband, Lead Certification Available, Pantry, Stone/Granite/Solid Counters, Tile Floor
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Oil
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 64800
  • Net Operating Income: 64800

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73274374
  • Last Updated: 10/16/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/16/2024Back on Market$998,000$363MLSPIN
09/20/2024Under Agreement$998,000$363MLSPIN
09/07/2024Contingent$998,000$363MLSPIN
08/10/2024Active$998,000$363MLSPIN
08/06/2024New$998,000$363MLSPIN

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Seller's Representative: Amanda Armstrong Group, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-10-16 08:23:00