About 203-205 Salem St
Exceptional opportunity in the heart of Malden! This well-maintained three-family property offers a versatile unit mix with strong owner-occupant and rental appeal. The two first-floor units each feature comfortable 1-bedroom layouts. The second-floor unit at 205 Salem Street offers a spacious 3-4 bedroom configuration, while the second-floor unit at 203 Salem Street includes 1 bedroom plus a home office, with exciting potential to expand into a 4-bedroom plus office by updating the third floor making this a real value-add opportunity for the keen investor, family or owner occupant. Ideally situated just minutes from Malden Center with multiple bus routes, and major commuter highways, this property provides easy access to downtown Boston and the surrounding communities. Residents will appreciate the vibrant community atmosphere and convenience of nearby shopping, dining, parks, and everyday amenities. Whether you’re looking to start your real estate portfolio or add to it, this property is a smart buy for any investment minded individual, family or company.
Features of 203-205 Salem St
| MLS® # | 73553796 |
|---|---|
| Price | $1,162,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 4,051 |
| Acres | 0.12 |
| Year Built | 1910 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Active |
Community Information
| Address | 203-205 Salem St |
|---|---|
| City | Malden |
| County | Middlesex |
| State | MA |
| Zip Code | 02148-4116 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Refrigerator, Washer/Dryer |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
| Stories | 3 |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | NB |
|---|
Listing Details
| Agent | Fermin Group |
|---|---|
| Office | Century 21 North East |