163 West St, Malden, MA 02148
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$1,700,000
4 Unit
10 Beds
6 Baths
5363 SQFT
0.11 Acre

Property Description

Discover 163 West Street, a rare four-family residence built in 2002, offering tremendous potential for both investors and owner-occupants. Located in a sought-after Malden neighborhood, this pristine property is primed for condo conversion. Conveniently situated between Malden and Wellington Stations, it features a durable 40-year asphalt shingle roof, a solid poured concrete foundation, and energy-efficient Harvey double-paned windows. The modern updates include stylish kitchens and bathrooms, a sprinkler system for safety, ample parking, in-unit and common laundry, and an on-demand hot water heater.The layout includes two two-bedroom, one-bathroom units on the first level and two townhome-style three-bedroom, two-bathroom units on the second and third levels. With over 5,000 square feet of living space, this property combines modern amenities with a prime location, making it a remarkable opportunity for rental income or personal residence.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 10
  • Total Full Baths: 6
  • Amenities: Bike Path, Highway Access, House of Worship, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Pantry, Stone/Granite/Solid Counters, Storage, Tile Floor
  • Common Appliances: Dishwasher - ENERGY STAR, Disposal, Dryer, Microwave, Range, Refrigerator - ENERGY STAR, Washer
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 28800
  • Net Operating Income: 28800

Utilities

  • Heat Zones: 4
  • Cooling Zones: 4
  • Electric Info: 200 Amps
  • Utility Connections: for Gas Range
  • 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: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 2
  • Levels: 2

Unit 4 Description

  • Included in Rent: Water
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 2002
  • Type: 4 Family
  • Construction Type: Aluminum, Frame, Stone/Concrete
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73300662
  • Last Updated: 10/13/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/13/2024Active$1,700,000$317MLSPIN
10/09/2024New$1,700,000$317MLSPIN

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Seller's Representative: Jaclyn Wells, Leading Edge Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-10-13 03:05:00

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