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Listing Details

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On Site
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MLS #
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School Ratings & Info

Listing courtesy of Elizabeth Goodwin of Commonwealth Properties Residential, Llc.

Description

*Significant price adjustment*. Grab it now! Fully leased mixed use building ready to go. The commercial space is a fully updated salon with many chairs and a very high-traffic storefront. Three long term tenants in place and 1 new tenant with a year lease in place. Tenants pay utilities. Unique rear unit with separate entrance is a 2-level 1 bedroom. Massive 10-car private parking lot is part of the parcel. Huge side yard offers a lot of potential for best and highest use. Separate heating systems and fully separated electrical. Low maintenance vinyl siding. Rents are below market value so theres room for more income.

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The property listing data and information 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 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 set forth herein. Data last updated 2021-09-19T12:09:10.15.
www.gillachgroup.com/homes/118200863
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270-272 Broadway Malden, MA 02148

  • Price: $1,350,000
  • Status: Active
  • Updated: 69 min ago
  • MLS #: 72849025
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,944
SQFT
$342
$/SQFT
1940
Built
Neighborhood:
Other
County:
Middlesex
Area:
Other
Property Description
*Significant price adjustment*. Grab it now! Fully leased mixed use building ready to go. The commercial space is a fully updated salon with many chairs and a very high-traffic storefront. Three long term tenants in place and 1 new tenant with a year lease in place. Tenants pay utilities. Unique rear unit with separate entrance is a 2-level 1 bedroom. Massive 10-car private parking lot is part of the parcel. Huge side yard offers a lot of potential for best and highest use. Separate heating systems and fully separated electrical. Low maintenance vinyl siding. Rents are below market value so theres room for more income.
Exterior Features

Parking Features 1-10 SpacesOn Site Parking Spaces 10 Railroad Siding No Roof Material Asphalt/Fiberglass Shingles Site Condition Level Stories 2 Underground Tank Unknown

Interior Features

Elevator No Maf Building Sq Ft 0.00 Ref Building Sq Ft 1457.00 Rsf Building Sq Ft 2487.00 Total Building Sq Ft 3944.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 505800.00 Assessed Value Land 195500.00 Assessed Value Total 701300.00 Commercial Industrial Type Mixed Use Condo Association No Disclosure No Disclosures Long Term Tenants. Rent Well Below Market Rate Easements No Exchange No Exclusions Tenants' Personal Property Gross Annual Expense 18000.00 Gross Annual Income 70000.00 Handicap Access No Lease No Lender Owned No Lien And Encumbent No Mau Units 0 Net Operating Income 52000.00 Ofu Units 0 On File21 E No Reu Units 1 Rsu Units 3 Short Sale Lender App Required No Space Available For Sale Subdividable Unknown Sublet No Tax Year 2021 Taxes 8618.97 Total Units 4 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning Resa

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Elizabeth Goodwin of Commonwealth Properties Residential, Llc.


The property listing data and information 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 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 set forth herein. Data last updated 2021-09-19T12:09:10.15.
 
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The Gillach Group | William Raveis Real Estate
191 Grove Street
Chestnut Hill MA, 02467
Listing courtesy of Elizabeth Goodwin of Commonwealth Properties Residential, Llc.