Cell: 617-840-5499 
John Veneziano, Broker/Owner
12 High Street
Medford, MA 02155

Cell: 617-840-5499 

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7-9 Shawmut Ter, Malden, MA 02148

Multi-Family

$749,000
Price

2
Units
2,223
Approx. GLA
ATTENTION INVESTORS/1031 EXCHANGE! 7.2% CAP RATE! Location! Minutes to Malden Center MBTA, shops and restaurants and more! Well maintained two unit multifamily in great condition. Both units fully occupied with young professionals tenants. Many recent updates both on exterior and interior. For details on operating income & expense and recent property updates, please see attachment for property information sheet.
Open House
No scheduled Open Houses
Highlights
List Price: $749,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Active
Beds: 6
Baths: 3
Units: 2
Year Built: 1900
Approx. GLA: 2,223
MLS#: 72699849
 
 
Interior
Basement: Yes
Heating Units: 2
Heating Zones: 2
Flooring: Vinyl, Wall to Wall Carpet
Rooms: 12
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.07
Lot Size: 3,136.00
Lot Description: Gentle Slope
Foundation: Fieldstone
Parking Spaces: 3
Parking Features: Off-Street, Tandem
Road Type: Public
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior Features: Deck
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $509,700
Taxes: $6,763
Tax Year: 2020
Book/Page: 69089/291
Beach
Beach: No
Expenses
Gross Income: $65,100
Gross Expenses: $4,677
Total Rent: $5,425
Net Income: $65,100
Insurance Cost: $1,317
Refuse Cost: $960
Sewer Cost: $1,200
Water Cost: $1,200
 
Additional
Amenities: Public Transportation, Shopping, Park
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 $2,150
Unit 2 8 4 0 2 2 0 No 2 $3,275
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The listing office is Keller Williams Realty and the listing agent is Christie Xie. 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
Cell: 617-840-5499 
JohnV2@remax.net

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