363 Broadway

For Sale

364 Broadway, Malden, MA 02148

This Malden property for sale is located at 364 Broadway. The current listed sale price for 363 Broadway is $536,000. 363 Broadway is situated on a lot that is 0.07 acre in size.

Contacts

broker

Kevin Benzinger

Boston Realty Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 5,000 SF
  • Units 2
  • Lot Size 0.07 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Date Updated Nov 15, 2024
Located just five miles north of Boston, Malden is identified as a growing submarket that offers investors high upside potential. As a result of continuous development in this submarket, apartment rents have increased by 3% in the past 12 months, with further increases expected each year for the next ten years. 363 Broadway benefits from its prime location with easy access to various transportation options and local amenities. Oak Grove station on the MBTA Orange Line and Wyoming Hill station on the MBTA commuter rail are both just an 8-minute drive away, offering residents convenient access to Downtown Boston. Besides the MBTA rail services, numerous bus routes serve the area, connecting to both local and regional destinations. For drivers, Route 1 and Interstate I-93 are conveniently nearby. Additionally, Malden is home to dozens of local and national retailers like Whole Foods, Market Basket, and more. These retail amenities are located just a few minutes’ drive from 363 BroadwayBoston Realty Advisors is pleased to present for sale 363 Broadway, a two-unit value-add multifamily property located in Malden, MA. 363 Broadway offers investors the opportunity to benefit from rental demand in this growing submarket, located just five miles north of Boston. This multifamily property consists of two units across +/-5,000 SF. Each unit consists of a two bedroom, one bathroom layout, with common washers and dryers located in the basement. Unit 1 is currently occupied and unit 2 remains vacant.

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Highlights

  • Value-Add Opportunity
  • Proximity to Downtown Boston
  • New Area Development

Attachments

Getting around

  • 79/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Malden, MA
  • Neighborhood Forestdale
  • Zip Code 02148
  • Market Boston

Points of Interest

  • Oak Grove

    1.65 miles

  • Chelsea

    2.64 miles

  • Wonderland

    2.84 miles

  • Revere Beach

    3.03 miles

  • Beachmont

    3.53 miles

  • Wood Island

    3.94 miles

  • Sullivan Square

    4.04 miles

  • Airport

    4.25 miles

  • Ball Square

    4.44 miles

  • Union Square

    4.93 miles

  • King

    0.11 miles

  • Speedway

    0.35 miles

  • King Petroleum

    0.52 miles

  • ChargePoint

    0.80 miles

  • 99 Gas

    0.82 miles

  • Eastern Avenue Mobil

    1.20 miles

  • Mobil

    1.34 miles

  • Super Petroleum

    1.47 miles

  • Phillips 66

    1.52 miles

  • eVgo

    1.90 miles

  • Newbridge Cafe Parking

    1.61 miles

  • Pleasant Street Parking Lot

    1.68 miles

  • CHA Everett Hospital Parking

    1.78 miles

  • Jackson Street Parking Garage

    1.82 miles

  • Mountain Avenue Parking Garage

    1.83 miles

  • Gateway Parking

    1.92 miles

  • Malden Center Station Parking

    1.96 miles

  • Hallmark Health Parking

    2.18 miles

  • Trinity Episcopal Church

    2.27 miles

  • Ravis Parking

    2.37 miles

  • Econo Lodge

    0.11 miles

  • New England Motor Court

    0.43 miles

  • Colonial Traveler Inn

    1.15 miles

  • Four Points Boston Logan International Airport

    1.26 miles

  • Chisholm's Motor Inn

    1.51 miles

  • Avalon Motel

    1.54 miles

  • Rodeway Inn

    2.23 miles

  • Envision Hotel

    2.36 miles

  • Red Roof Plus+ Boston - Logan

    2.41 miles

  • Holiday Inn Boston Logan Airport - Chelsea

    2.43 miles

  • Mineirão Market

    0.55 miles

  • 99 Asian Supermarket

    0.72 miles

  • Stop & Shop

    1.02 miles

  • Burlington

    1.37 miles

  • Market Basket

    1.52 miles

  • Price Rite

    1.54 miles

  • Safy Halal Market

    1.62 miles

  • McKinnon's Market & Super Butcher

    1.72 miles

  • Variedades Karolina

    1.79 miles

  • Baba Supermarket

    1.80 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Kevin Benzinger

Boston Realty Advisors