374 Broadway

For Sale

374 Broadway, Malden, MA 02148

This Malden property for sale is located at 374 Broadway. The current listed sale price for 374 Broadway is $785,000. 374 Broadway is situated on a lot that is 0.11 acre in size.

Contacts

broker

Kevin Benzinger

Boston Realty Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 3,055 SF
  • Units 2
  • Lot Size 0.11 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1880
  • Date Updated Aug 13, 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. 374 Broadway is centrally located near a variety of transportation options and local amenities. Oak Grove station on the MBTA orange line and Wyoming Hill station on the MBTA commuter rail are located just an 8-minute drive away and offer residents convenient commutes into Downtown Boston. In addition to the MBTA rail lines, 374 Broadway is surrounded by a multitude of bus routes with local and regional destinations. For those looking to travel by car, Route 1 and Interstate I-93 are located in close proximity to the property. The local area benefits from the presence of national retailers such as Whole Foods and Market Basket, which are located in close proximity to the property for daily errands.Boston Realty Advisors is pleased to present for sale 374 Broadway, a two-unit value-add multifamily property located in Malden, MA. Situated just five miles north of Boston, 374 Broadway is strategically positioned in well located, growing submarket with high upside potential. This multifamily property consists of two units across +/-3,000 SF. Unit 1 consists of a two bedroom layout and unit 2 consists of a three bedroom layout. The property offers off street parking in the rear of the building for 3 vehicles. 374 Broadway offers investors high upside potential through a value-add business plan upon acquisition. Through in-unit upgrades and common area renovations, investors can maximize their rental income. Additionally, 374 Broadway appeals to potential owner occupiers who are looking to occupy one unit for their own personal use.

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Highlights

  • Value-Add Opportunity
  • Growing Submarket
  • Owner Occupier Potential
  • Off Street Parking

Attachments

Getting around

  • 79/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 49/100

    Bike Score ®

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Location

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

Points of Interest

  • Oak Grove

    1.66 miles

  • Chelsea

    2.67 miles

  • Wonderland

    2.84 miles

  • Revere Beach

    3.04 miles

  • Beachmont

    3.54 miles

  • Wood Island

    3.96 miles

  • Sullivan Square

    4.06 miles

  • Airport

    4.27 miles

  • Ball Square

    4.45 miles

  • Union Square

    4.95 miles

  • King

    0.13 miles

  • Speedway

    0.37 miles

  • King Petroleum

    0.54 miles

  • ChargePoint

    0.80 miles

  • 99 Gas

    0.84 miles

  • Eastern Avenue Mobil

    1.21 miles

  • Mobil

    1.34 miles

  • Super Petroleum

    1.45 miles

  • Phillips 66

    1.53 miles

  • eVgo

    1.88 miles

  • Newbridge Cafe Parking

    1.63 miles

  • Pleasant Street Parking Lot

    1.70 miles

  • CHA Everett Hospital Parking

    1.81 miles

  • Jackson Street Parking Garage

    1.83 miles

  • Mountain Avenue Parking Garage

    1.84 miles

  • Gateway Parking

    1.93 miles

  • Malden Center Station Parking

    1.97 miles

  • Hallmark Health Parking

    2.17 miles

  • Trinity Episcopal Church

    2.26 miles

  • Ravis Parking

    2.39 miles

  • Econo Lodge

    0.13 miles

  • New England Motor Court

    0.41 miles

  • Colonial Traveler Inn

    1.13 miles

  • Four Points Boston Logan International Airport

    1.27 miles

  • Chisholm's Motor Inn

    1.49 miles

  • Avalon Motel

    1.52 miles

  • Rodeway Inn

    2.23 miles

  • Envision Hotel

    2.39 miles

  • Red Roof Plus+ Boston - Logan

    2.39 miles

  • Holiday Inn Boston Logan Airport - Chelsea

    2.45 miles

  • Mineirão Market

    0.57 miles

  • 99 Asian Supermarket

    0.74 miles

  • Stop & Shop

    1.02 miles

  • Burlington

    1.37 miles

  • Market Basket

    1.52 miles

  • Price Rite

    1.54 miles

  • Safy Halal Market

    1.63 miles

  • McKinnon's Market & Super Butcher

    1.74 miles

  • Variedades Karolina

    1.80 miles

  • Baba Supermarket

    1.81 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