137-139 West St Malden — Photo 1 of 42
$1,300,000
Investment Analysis — 137-139 West St
Malden, MA 02148 — Edgeworth
Based on rent reported on the MLS listing, a 4-unit multi-family in 02148 carries $8,500/mo in gross rent — about a 5.02% cap rate and $65,211/yr in estimated NOI at the $1,300,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
4
SqFt
3,629
Style
4 Family
Built
1925
While bell-bottom jeans, dial-up internet, and Y2K came and went, this four-family in Edgeworth on the corner of West and Adams stayed under the same ownership… until now. Offered for sale for the first time in over 40 years, this might just be the opportunity you've been waiting for. An extremely well-cared for, previously owner-occupied investment property, which we all know doesn't come around every day.Not only that, this beauty is situated on a corner lot, offering more parking than you'll know what to do with! Each apartment has an updated kitchen and a high-efficiency 3-year young heating system. The largest first-floor apartment has just been renovated with brand new hardwood floors, adding fresh appeal to an already strong offering. The 2-bedroom unit on the second floor is currently vacant and move-in ready, making this a great option for an owner-occupant.Additional conveniences and income potential include coin-operated laundry with newer machines, and storage areas in the basement. The location offers easy access to public transportation, major routes, and Boston, plus Malden's restaurants, shopping, and everyday amenities.Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this four-family offers a rare combination of location, income potential, and recent updates.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Listing Agent: Anne Odell
Listing Office: Homefront Realty
MLS® Number: 73572044
