59-61 Presley St Malden — Photo 1 of 37
$950,000
Investment Analysis — 59-61 Presley St
Malden, MA 02148 — Edgeworth
Based on rent reported on the MLS listing, a 2-unit multi-family in 02148 carries $19,998/mo in gross rent — about a 18.32% cap rate and $174,001/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,238
Style
Multi Family
Built
1920
Presenting a distinguished multi-family residence at 59-61 Presley St, Malden, MA, a meticulously maintained property originally constructed in 1920. This expansive dwelling encompasses 2238 square feet of living space, offering an exceptional opportunity for discerning buyers seeking a blend of classic architecture and contemporary functionality. The property features a total of five well-proportioned bedrooms, providing ample private accommodations across its three stories. Complementing these living quarters are two full bathrooms, each designed to offer convenience and comfort for residents and guests alike. With a generous lot size of 3128 square feet, this property provides valuable outdoor space in a desirable urban setting. Hardwood floors througout and overhead lighting in all rooms. We invite you to schedule a private viewing to fully appreciate the unique appeal and potential of this multi-family residence. Walk to public transport. Perfect opportunity for condo conversion or home owner with income potential.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Public Transportation • Shopping • Walk/Jog Trails • Golf • Laundromat • Bike Path
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Listing Agent: Chad Smith
Listing Office: Mariano Smith & Co.
MLS® Number: 73570006
