Prime mixed-use investment opportunity in the heart of Malden! This rare income-generating property features 4 residential units and 1 commercial space, currently operating as a hair salon. The residential units have been updated with modern kitchens, refreshed bathrooms, fl...
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Last Updated: April 5th, 2025 at 8:43am
Gross Income: $79,800
Gross Expenses: $20,974
Net Income Calc: $58,826
CAP Rate: 5.60%
Annual Expenses for 458-460 Ferry St, Malden MA 02148
Total Gross Expenses (Calculated)$20,974/year
APOD AvailableNo
Heating$3,000
Electricity$240
Water$4,200
Gas$4,200
Insurance$5,200
Sewer$4,200
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$8,334.91
Annual Income & Unit Breakdown for 458-460 Ferry St, Malden MA 02148
Total Gross Income (Calculated)$79,800
Unit 1
Rental Income1400
LeaseY
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingYes
Rent IncludesWater, Hot Water), Unit 2(heat, Unit 1(water, Other (see Remarks)), Unit 4(heat, Unit 3(heat
Unit 2
Rental Income2000
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesWater, Hot Water), Unit 2(heat, Unit 1(water, Other (see Remarks)), Unit 4(heat, Unit 3(heat
Unit 3
Rental Income1550
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesWater, Hot Water), Unit 2(heat, Unit 1(water, Other (see Remarks)), Unit 4(heat, Unit 3(heat
Unit 4
Rental Income1700
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesWater, Hot Water), Unit 2(heat, Unit 1(water, Other (see Remarks)), Unit 4(heat, Unit 3(heat
General Information for 458-460 Ferry St, Malden MA 02148
Listing ID73346375
Property TypeMulti Family
Price$1,050,000 ($405.72/SqFt)
Style
CityMalden
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,588 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking0
Garage Parking
Year Built1938
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningNB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 458-460 Ferry St, Malden MA 02148
Disclosures for 458-460 Ferry St, Malden MA 02148
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$12,640
Total Gross Income By Broker$96,600
Total Net Income By Broker$83,960
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 458-460 Ferry St, Malden MA 02148
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station
Contact Information for 458-460 Ferry St, Malden MA 02148