Opportunity knocks! Attention investors! This completely renovated property boasts two luxurious units that blends elegance + comfort with high-end finishes, creating a welcoming retreat. New kitchens and bathrooms. New hardwood flooring, and freshly painted walls. New elect...
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Last Updated: April 5th, 2025 at 7:48am
Gross Income: $60,000
Gross Expenses: $8,045
Net Income Calc: $51,955
CAP Rate: 4.95%
Annual Expenses for 51 1/2 Willard St, Malden MA 02148
Total Gross Expenses (Calculated)$8,045/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$8,045
Annual Income & Unit Breakdown for 51 1/2 Willard St, Malden MA 02148
Total Gross Income (Calculated)$60,000
Unit 1
Rental Income2500
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income2500
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 51 1/2 Willard St, Malden MA 02148
Listing ID73317955
Property TypeMulti Family
Price$1,049,000 ($529.8/SqFt)
Style
CityMalden
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total1,980 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking4
Garage Parking
Year Built1880
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRESA
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 51 1/2 Willard St, Malden MA 02148
Disclosures for 51 1/2 Willard St, Malden MA 02148
Lead PaintUnknown
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$30,000
Total Net Income By Broker$30,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Location Information for 51 1/2 Willard St, Malden MA 02148
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 51 1/2 Willard St, Malden MA 02148