16-18 Meridian Parkway

Malden, MA 02148
Beds
6
Baths
3
Square Ft.
3,100
$995,000
Exceptional investment opportunity in the heart of Malden! This beautifully updated two-family property generates over $100K in annual rental income, making it an outstanding income-producing investment. Conveniently located within walking distance to Malden Center T Station, shops, restaurants, and vibrant downtown amenities, with easy access to Boston and major routes.… Read MoreRead Less
Courtesy of AC Realty, Anna Mean.
Listing Snapshot
Days Online
17
Last Updated
Property Type
Multi Family
Beds
6
Full Baths
3
Square Ft.
3,100
Lot Size
0.07 Acres
Year Built
1900
MLS Number
73594395
Property Location Map
Additional Details
Property Access
Frontage Type: Public
Appliances & Equipment
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Building
Built in 1900, Year Built Details: Actual, Living area: 3100, 3 stories, Levels: 3
Community
Public Transportation, Shopping, Park, Medical Facility, T-Station
Cooling
Central Air
Disclosures
Seller never occupied the property. Buyer and buyer's agent are responsible for conducting their own due diligence and independently verifying all info. Seller nor the listing agent makes any representations/warranties, express or implied, regarding the accuracy/completeness of the info provided.
Expenses
Operating: $20,537
Exterior Features
Patio/Porch Features: Porch, Garden
Floors
Wood, Tile, Vinyl, Hardwood, Stone/Ceramic Tile
Foundation
Stone
Heating
Central, Natural Gas
Income
Gross Income: $101,100, Net Operating Income: $80,563
Interior Features
Crown Molding, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Bathroom With Tub, Living Room, Dining Room, Kitchen, Laundry Room
Lot
0.07 acres, Level
Parking
1 open parking space, 1 total parking space, Off Street, Paved
Property
Farm Land area units: Square Feet
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 594614, Annual Amount: $11,506, Assessed Value: $1.0093e+06, Tax Block: 0309, Tax Book Number: 72089, Lot: 0911, Map Number: 0064, Year: 2026, Zoning: ResA
Utilities
for Gas Range, for Gas Oven, Water Source: Public
Windows
Box/Bay/Bow Window(s)
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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 its 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.