2 Granite St Malden MA 02148 MLS #73340996

2 Granite St
Malden, MA, 02148
$1,850,000
7 Beds
7 Baths
4,208 SqFt
0.07 Acres
$1,850,000
2 Granite St
Malden, MA, 02148
This property consists of (7) units with a mix of one-bedroom and studio floor plans. There is 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.

Property Details

Price:
$1,850,000
MLS #:
73340996
Status:
Active
Beds:
7
Baths:
7
Address:
2 Granite St
Type:
Multi Family
Subtype:
5-9 Family
City:
Malden
Listed Date:
Mar 4, 2025
State:
MA
Finished Sq Ft:
4,208
Total Sq Ft:
4,208
ZIP:
02148
Lot Size:
3,136 sqft / 0.07 acres (approx)
Year Built:
1911
Units:
7

Schools

Interior

Bathrooms
7 Full Bathrooms
Heating
Central, Baseboard

Exterior

Financial

Net Operating Income
$105,585
Tax Year
2025
Taxes
$11,649
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of Marcus & Millichap Real Estate Investment Services. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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2 Granite St
Malden, MA