Office: 781-395-7676 • Cell: 617-840-5499 
Vm/Pager: 781-446-9728 • Fax: 815-572-8990
John Veneziano, Broker/Owner
12 High Street
Medford, MA 02155

Office: 781-395-7676 
Cell: 617-840-5499 
Vm/Pager: 781-446-9728 
Fax: 815-572-8990 

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88 Russell St, Malden, MA 02148

Multi-Family

$799,000
Price
$785,000
Sale Price

2
Units
2,123
Approx. GLA
Rare opportunity to purchase a well-maintained 2 family home on a quiet street steps to Malden Center! Unbeatable location: close proximity to the Malden Center T stop, numerous grocery stores, restaurants, and other city conveniences. Solid rent rolls make this a perfect opportunity for an investor or owner-occupant looking to move into one unit and rent the other. 3 floors of living space and 6 total bedrooms, including a master bed/bath on the top floor, and a large extra living room that can comfortably sleep a 7th (nice value add opportunity). Large unfinished basement with washer/dryer and plenty of space for storage. Ample off-street parking with room for up to 4+ vehicles. Vinyl siding and roof redone within last couple of years. This is a turnkey investment, ready to go!
Highlights
Sale Price: $785,000
Settled Date: 6/30/2020 12:00:00 AM
List Price: $799,000
Type: Multi-Family
Multi-Family Type: 2 Family
Status: Sold
Beds: 6
Baths: 3
Units: 2
Year Built: 1880
Approx. GLA: 2,123
MLS#: 72574866
Interior
Basement: Yes
Rooms: 10
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.07
Lot Size: 3,068.00
Lot Description: Paved Drive, Level
Foundation: Fieldstone
Parking Spaces: 4
Parking Features: Off-Street, Tandem, Paved Driveway
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $494,900
Taxes: $6,567
Tax Year: 2019
Book/Page: 59370/398
Beach
Beach: No
Expenses
Gross Income: $63,900
Total Rent: $5,325
Net Income: $63,900
Additional
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 Yes 1 $1,975
Unit 2 6 4 0 2 2 0 Yes 2 $3,350
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The listing office is Rise Realty and the listing agent is Stephen Facelle. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
John Veneziano, Broker/Owner
John Veneziano, Broker/Owner
RE/MAX Andrew Realty Services


RE/MAX Andrew Realty Services   John Veneziano, Broker/Owner
RE/MAX Andrew Realty Services
12 High Street • Medford, MA 02155 Map it
Office: 781-395-7676 • Cell: 617-840-5499 
Vm/Pager: 781-446-9728 • Fax: 815-572-8990
JohnV2@remax.net

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