14-16 Ripley St, Malden, MA 02148
- $1,849,000
- 10
- BD
- 6
- BA
- 3,282
- SqFt
- List Price
- $1,849,000
- Status
- NEW
- MLS#
- 73582174
- Bedrooms
- 10
- Bathrooms
- 6
- Full Baths
- 6
- Living Area
- 3,282
- Lot Size (Acres)
- 0.23
- Year Built
- 1885
Property Description
Great investment opportunity in Malden! Conveniently located near Oak Grove Orange Line Station and steps from MBTA bus service, offering easy access throughout Greater Boston. This well-maintained 6-unit multifamily is ideally located just off Main St in a thriving, well-established rental market and generates over $138k in revenue. Approximately 5,499 sq ft across three levels, the property features a desirable unit mix of two 1-bedroom units, one studio, and two 2-bedroom units. Significant upgrades completed in 2024 include high-efficiency heating systems, on-demand hot water, a new roof, new driveway and walkway, plus renovated unit interiors with updated kitchens, electrical, flooring, and plumbing. Additional features include on-site basement laundry and three off-street parking spaces. A strong addition to an investment portfolio in an established Malden rental market.
Additional Information
- Taxes
- $10,817
- Interior Features
- Living RM/Dining RM Combo, Living Room, Dining Room, Loft
- Parking Description
- Paved Drive, Off Street
- Lot Description
- Level
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Rose Hall from Listing Office: Blue Ocean Realty, LLC.
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