163 West Street

Malden, MA 02148

$1,700,000
Price
10
Beds
6
Baths
5,363 Sq. Ft.
$317 / Sq. Ft.
5,363
Sq. Ft.
$317
per Sq. Ft.

Description

Discover 163 West Street, a rare four-family residence built in 2002, offering tremendous potential for both investors and owner-occupants. Located in a sought-after Malden neighborhood, this pristine property is primed for condo conversion. Conveniently situated between Malden and Wellington Stations, it features a durable 40-year asphalt shingle roof, a solid poured concrete foundation, and energy-efficient Harvey double-paned windows. The modern updates include stylish kitchens and bathrooms,...Discover 163 West Street, a rare four-family residence built in 2002, offering tremendous potential for both investors and owner-occupants. Located in a sought-after Malden neighborhood, this pristine property is primed for condo conversion. Conveniently situated between Malden and Wellington Stations, it features a durable 40-year asphalt shingle roof, a solid poured concrete foundation, and energy-efficient Harvey double-paned windows. The modern updates include stylish kitchens and bathrooms, a sprinkler system for safety, ample parking, in-unit and common laundry, and an on-demand hot water heater. The layout includes two two-bedroom, one-bathroom units on the first level and two townhome-style three-bedroom, two-bathroom units on the second and third levels. With over 5,000 square feet of living space, this property combines modern amenities with a prime location, making it a remarkable opportunity for rental income or personal residence.
  1. Listed by Jaclyn Wells • Leading Edge Real Estate
  2. Listed by The Serrano Team • Leading Edge Real Estate

Property Details for 163 West Street

Town
Malden
Area
MA-Malden
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6
LISTING UPDATED: 11/26/2024 03:10 AM

Property Details for 163 West Street

StatusUnder Agreement
MLS #73300662
Days on Market48
Taxes$14,743 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built2002
CountyMiddlesex County

Building Information for 163 West Street

Stories6Residences4Year Built2002Building Size-Lot Size0.11 AC / 4,931 SF

Property Information for 163 West Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
  • Living Area: 5363.0
  • Color: Beige
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • High School: Malden Hs
Features
Interior Features
  • Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range, Washer, Dryer
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood, Stone/Ceramic Tile
  • Interior Features: Laundry Room, Ceiling Fan(s), Pantry, Storage, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Open Floorplan, Walk-In Closet(s), Living Room, Kitchen, Living RM/Dining RM Combo, Dining Room
  • SpaYN: No
Exterior Features
  • Construction: Frame, Stone
  • Exterior Features: Porch
  • Lot Description: Level
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Unit 1 can be viewed at private showings. Unit 1 is vacant,unit 2 is owner occupied. Unit 3 and 4 are rented- below market rents. All units in similar condition and have the same fixtures/ finishes. Units 1/2 and 3/4 are mirror images of each other. Pictures are of units 1 & 3 and common area.
Tax Information
  • Tax ID: M:037 B:184 L:406,593576
  • Assessments: $1,261,200
  • Book: 44728
  • Tax Year: 2024
  • Zoning: ResA
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Units: 4
  • Cooling Zones: 4
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • GOI: $28,800.00
  • NOI: $28,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 2
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $4,600.00

Property History for 163 West Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 163 West Street

Taxable ValueLand$279,700Additions$981,500Total$1,261,200
Tax Record2024$14,743 ($1,229 / month)
Home Facts
Baths8Total Finished SqFt5,363 SqFtAbove Grade Finished SqFt5,363 SqFtUnfinished Basement SqFt1,894 SqFtStories2Lot Size4,931 SqFtStyleMulti-Family Res (5+ Units)Year Built2002ZoningRESACountyMIDDLESEXAPNMALD M:037 B:184 L:406

Schools near 163 West Street

This home is within Malden School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Beebe School
PublicK to 8

Malden High School
Public9 to 12

Ferryway School
PublicK to 8

Salemwood School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Leading Edge Real Estate, Jaclyn Wells; Leading Edge Real Estate, The Serrano Team

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.