42-44 Columbia Street

Malden, MA 02148

$1,179,000
Price
7
Beds
3
Baths
2,778 Sq. Ft.
$424 / Sq. Ft.
2,778
Sq. Ft.
$424
per Sq. Ft.

Description

This exceptional three-family property in Malden offers a unique opportunity to combine the best of single-family living with savvy multi-family investment. Key Highlights: Single-family feel:The side unit boasts a private entrance deck and yard creating a distinct single family home-like experience. Flexible Living Options:Ideal for owner-occupants:Reside in the side unit while renting the two main units or investor maximize income by renting all three. Separate utilities for each unit & 4th meter....This exceptional three-family property in Malden offers a unique opportunity to combine the best of single-family living with savvy multi-family investment. Key Highlights: Single-family feel:The side unit boasts a private entrance deck and yard creating a distinct single family home-like experience. Flexible Living Options:Ideal for owner-occupants:Reside in the side unit while renting the two main units or investor maximize income by renting all three. Separate utilities for each unit & 4th meter. Side Unit Amenities:Two bedrooms, bathroom, updated kitchen with dining area, open living space,and in-unit washer/dryer. Income-generating main building:Two- and three-bedroom units occupied by reliable tenants,offering potential rental income growth. Generous parking:Accommodates up to eight vehicles-an invaluable feature in the area! Prime location:Minutes from public transit and highways, extension opportunities in the attic & owner unit. Excellent choice for owner-occupants and investors.
  1. Listed by Laxmi Khanal • StartPoint Realty

Property Details for 42-44 Columbia Street

Town
Malden
Area
MA-Malden
Garage Spaces
0
Parking Spaces
9.00
Parking Spaces Total
9
LISTING UPDATED: 12/01/2024 06:55 PM

Property Details for 42-44 Columbia Street

StatusActive
MLS #73311961
Days on Market34
Taxes$9,657 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1880
CountyMiddlesex County

Building Information for 42-44 Columbia Street

Stories2Residences3Year Built1880Building Size-Lot Size0.19 AC / 8,263 SF

Property Information for 42-44 Columbia Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • Living Area: 2778.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Living Room, Dining Room, Kitchen, Laundry Room
  • Interior Features: Window AC
  • SpaYN: No
Exterior Features
  • Exterior Features: Balcony/Deck
  • Exterior Features: Deck - Vinyl
  • Patio And Porch Features: Deck - Vinyl
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Buyer and buyers agent responsible for verifying all information.Unit one is currently owner occupied. $2500 is projected rent. The side unit will be delivered vacant.Property is being sold as-is.
Tax Information
  • Tax ID: M:135 B:653 L:317,600414
  • Assessments: $826,100
  • Book: 77627
  • Tax Year: 2024
  • Zoning: ResA
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 2
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 3
  • Heat Zones: 5
Income / Expenses
  • GOI: $90,000.00
  • NOI: $90,000.00
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
Rental Info
Rental Info
  • Total Actual Rent: $7,500.00

Property History for 42-44 Columbia 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 42-44 Columbia Street

Taxable ValueLand$328,700Additions$497,400Total$826,100
Tax Record2024$9,657 ($805 / month)
Home Facts
Baths4.5Total Finished SqFt2,626 SqFtAbove Grade Finished SqFt2,626 SqFtUnfinished Basement SqFt520 SqFtStories2Lot Size8,263 SqFtStyleTriplexYear Built1880ZoningRESACountyMIDDLESEXAPNMALD M:135 B:653 L:317

Schools near 42-44 Columbia 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
Salemwood School
PublicK to 8

Malden High School
Public9 to 12

Forestdale School
PublicK to 8

Linden 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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42-44 Columbia Street is a multi-family home for sale in Malden, MA 02148. This property was listed for sale on November 14, 2024 by StartPoint Realty, it's currently listed at $1,179,000. It has been on the market for a total of 34 days and was last sold on April 26, 2021. This listing's school district is Malden School District. Nearby schools include Salemwood School, Malden High School and Forestdale School. 42-44 Columbia Street is a 7-bed, 3-bath, 2,778 sqft multi-family home built in 1880.

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 StartPoint Realty, Laxmi Khanal

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.