17 Hubbard Street

Malden, MA 02148

$1,980,000
Price
12
Beds
6
Baths
5,814 Sq. Ft.
$341 / Sq. Ft.
5,814
Sq. Ft.
$341
per Sq. Ft.

Description

Location! Location! Location! prime 6-unit investment property located just steps from the Malden T Station on the Orange Line, offering quick and easy access to downtown Boston. This vibrant and growing city is increasingly attracting professionals seeking convenient living options close to the heart of Boston. Each of the six spacious units features 2 bedrooms and 1 bathroom, making them highly desirable in this sought-after area. The property currently generates $109k annually in rental income,...Location! Location! Location! prime 6-unit investment property located just steps from the Malden T Station on the Orange Line, offering quick and easy access to downtown Boston. This vibrant and growing city is increasingly attracting professionals seeking convenient living options close to the heart of Boston. Each of the six spacious units features 2 bedrooms and 1 bathroom, making them highly desirable in this sought-after area. The property currently generates $109k annually in rental income, with the potential to increase to $180k annually based on market rent estimates. This is a rare opportunity to acquire a turnkey investment with significant upside in a high-demand location. schedule a viewing and explore this exceptional investment opportunity.
  1. Listed by Zhichao Chen • Space Realty

Property Details for 17 Hubbard Street

Town
Malden
Area
MA-Malden
Garage Spaces
0
Parking Spaces
3.00
Parking Spaces Total
3
LISTING UPDATED: 09/20/2024 05:40 PM

Property Details for 17 Hubbard Street

StatusActive
MLS #73282097
Days on Market98
Taxes$15,045 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1954
CountyMiddlesex County

Building Information for 17 Hubbard Street

Stories9Residences6Year Built1954Building Size-Lot Size0.09 AC / 3,716 SF

Property Information for 17 Hubbard Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 5814.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • 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
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: cash cow,all units with signed lease,great tenants,properly maintained property
Tax Information
  • Tax ID: M:030 B:136 L:639,593073
  • Assessments: $1,287,000
  • Book: 82127
  • Tax Year: 2024
  • Zoning: ResA
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $109,800.00
  • NOI: $109,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,150.00

Property History for 17 Hubbard 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 17 Hubbard Street

Taxable ValueLand$265,200Additions$1,021,800Total$1,287,000
Tax Record2024$15,045 ($1,254 / month)
Home Facts
Baths9Total Finished SqFt5,814 SqFtAbove Grade Finished SqFt5,814 SqFtUnfinished Basement SqFt1,938 SqFtStories3Lot Size3,716 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningRESACountyMIDDLESEXAPNMALD M:030 B:136 L:639

Schools near 17 Hubbard 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.

Similar Homes

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17 Hubbard Street is a multi-family home for sale in Malden, MA 02148. This property was listed for sale on August 27, 2024 by Space Realty, it's currently listed at $1,980,000. It has been on the market for a total of 98 days and was last sold on September 19, 2008. This listing's school district is Malden School District. Nearby schools include Beebe School, Malden High School and Ferryway School. 17 Hubbard Street is a 12-bed, 6-bath, 5,814 sqft multi-family home built in 1954.

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 Space Realty, Zhichao Chen

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.