Granite Street Apartments

For Sale

2 Granite St, Malden, MA 02148

This Malden property for sale is located at 2 Granite St. The current listed sale price for Granite Street Apartments is $1,850,000. Granite Street Apartments is situated on a lot that is 0.07 acre in size.

Contacts

broker
Brad Carlson

New England Realty Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 4,208 SF
  • Units 7
  • Lot Size 0.07 Acre
  • Year Built 1911
  • Year Renovated 2020
  • Date Updated Mar 28, 2025
Malden is a diverse city located just north of Boston, Massachusetts. Malden is known for its vibrant downtown area, it offers a mix of residential neighborhoods, historic sites, and a thriving arts and culture scene. The city boasts a strong sense of community, with a diverse population and a rich history dating back to the 17th century. Malden is easily accessible to Boston and other surrounding areas, making it an attractive option for commuters and those seeking a suburban lifestyle with urban conveniences.New England Realty Advisors LLC is pleased to present the Granite Street Apartments located in Malden, MA. This property consists of (7) units with a mix of one-bedroom and studio floor plans. There are a total of (6) one-bedroom units and (1) studio. Many of the units and hallways have been upgraded with modern finishes. All rents are currently close to 15% below market rate, investors have the opportunity to increase rents to market rate without major capital improvements. There is also an entire third-floor space that is vacant and could be converted into more apartments. All interested parties will have the opportunity to obtain additional information upon request.
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Highlights

  • Value add opportunity
  • Coin-op laundry
  • Upgraded units
  • Below market rents

Getting around

  • 82/100

    Walk Score ®

  • 44/100

    Transit Score ®

  • 62/100

    Bike Score ®

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Location

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

Points of Interest

  • Oak Grove

    1.32 miles

  • Chelsea

    2.63 miles

  • Wonderland

    3.12 miles

  • Revere Beach

    3.29 miles

  • Beachmont

    3.76 miles

  • Sullivan Square

    3.88 miles

  • Wood Island

    4.01 miles

  • Ball Square

    4.15 miles

  • Airport

    4.28 miles

  • Union Square

    4.74 miles

  • King

    0.32 miles

  • King Petroleum

    0.36 miles

  • Speedway

    0.41 miles

  • 99 Gas

    0.79 miles

  • Eastern Avenue Mobil

    0.91 miles

  • ChargePoint

    1.13 miles

  • Phillips 66

    1.19 miles

  • Mobil

    1.65 miles

  • Gulf

    1.65 miles

  • eVgo

    2.04 miles

  • Pleasant Street Parking Lot

    1.37 miles

  • Mountain Avenue Parking Garage

    1.50 miles

  • Jackson Street Parking Garage

    1.51 miles

  • Gateway Parking

    1.59 miles

  • Malden Center Station Parking

    1.64 miles

  • Newbridge Cafe Parking

    1.71 miles

  • CHA Everett Hospital Parking

    1.80 miles

  • Hallmark Health Parking

    1.96 miles

  • Trinity Episcopal Church

    2.06 miles

  • Ravis Parking

    2.07 miles

  • Econo Lodge

    0.36 miles

  • New England Motor Court

    0.73 miles

  • Colonial Traveler Inn

    1.37 miles

  • Four Points Boston Logan International Airport

    1.58 miles

  • Chisholm's Motor Inn

    1.72 miles

  • Avalon Motel

    1.74 miles

  • Envision Hotel

    2.31 miles

  • Backpackers Hostel and Bar

    2.34 miles

  • Rodeway Inn

    2.51 miles

  • Homewood Suites

    2.51 miles

  • Mineirão Market

    0.39 miles

  • 99 Asian Supermarket

    0.68 miles

  • Safy Halal Market

    1.31 miles

  • Stop & Shop

    1.33 miles

  • Variedades Karolina

    1.47 miles

  • Baba Supermarket

    1.48 miles

  • Super Stop & Shop

    1.54 miles

  • McKinnon's Market & Super Butcher

    1.61 miles

  • Burlington

    1.69 miles

  • Super 88 香港超市

    1.75 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
Brad Carlson

New England Realty Advisors

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