Diane Horrigan - RE/MAX  Trinity

88-90 Rockwell St, Malden, MA 02148

Forestdale

Multi-Family

$799,860
Price

3
Units
3,506
Approx. GLA
PRIME COMMUTER LOCATION & LEAD FREE CERTIFIED. This spacious three-family home in the desirable Forestdale neighborhood offers a great opportunity for investors and owner occupants. The first floor unit consists of 7 rooms including two bedrooms, one bath, eat-in kitchen, living room, and an in-law suite which has an additional full bath. The second floor unit offers 6 rooms with two bedrooms, one bath, eat-in kitchen with laundry, dining room and living room. These two units also have covered decks in the rear. The third floor unit has 7 rooms with two bedrooms, one bath, eat-in kitchen, pantry, living room and bonus room, plus storage space. The basement is used for storage and has separate laundries for the first and third floors. MBTA Malden Center commuter rail and orange line 1.8 miles, Oak Grove orange line 1.4 miles, and MBTA buses provide easy access to Malden Center, great restaurants, parks, the Northern Strand Community Trail. Easy highway access.
Open House
No scheduled Open Houses
Highlights
Area/Village: Forestdale
Basement Features: Full, Walk Out, Interior Access, Sump Pump, Concrete Floor, Unfinished Basement
List Price: $799,860
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Active
Beds: 8
Baths: 4
Units: 3
Year Built: 1925
Year Round: Yes
Approx. GLA: 3,506
MLS#: 72420750
 
 
Interior
Basement: Yes
Cooling Units: 3
Cooling Zones: 3
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 3
Heating Zones: 4
Flooring: Tile, Vinyl, Concrete, Varies Per Unit, Hardwood
Energy: Insulated Windows, Insulated Doors, Storm Doors
Hot Water: Natural Gas, Tank
Rooms: 20
Lead Paint: None, Certified Treated
Total Floors: 3
Exterior
Water: No
Facing: East
Acres: 0.06
Lot Size: 2,420.00
Lot Description: Corner, Paved Drive, Easements, Cleared, Fenced/Enclosed, Level
Foundation: Concrete Block
Parking Spaces: 2
Parking Features: Off-Street, Tandem, Other (See Remarks), Deeded, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: Yellow
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Varies per Unit
Exterior: Vinyl
Exterior Features: Deck - Wood, Covered Patio/Deck, Gutters, Fenced Yard, Varies per Unit
Water: City/Town Water, Other (See Remarks)
Water: City/Town Water, Other (See Remarks)
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $578,900
Taxes: $8,157
Tax Year: 2018
Book/Page: 33123/001
School
Grade School: Salemwood
Middle School: Salemwood
High School: Malden High
Beach
Beach: No
Expenses
Expenses Source: Accountant Provided, Owner Provided, Other (See Remarks)
Gross Income: $37,200
Gross Expenses: $15,357
Total Rent: $3,100
Net Income: $21,843
Insurance Cost: $3,000
R&M Cost: $1,000
Water Cost: $3,200
 
Additional
Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Exclusions: Chandelier in dining room
Disclosure Declaration: Yes
Disclosure: New 1½” copper water main from St to home. 51 high efficiency replacement windows (8 yrs old). 1st floor has blown in cellulose insulation. 2nd & 3rd floors have lath plaster. Attic R30 insulation. Sellers live in Unit 2/Market estimate rent up to 2K per month. List Agent related to Seller.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 7 3 0 1 2 0 Yes 1 $1,850
Unit 2 6 2 0 2 1 0 No 1
Unit 3 7 2 0 3 1 0 Yes 1 $1,250
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  Window AC, 2 Units  Applicances:  Range, Refrigerator, Freezer, Washer, Dryer  Heating:  Hot Water Radiators, Gas, Individual, Unit Control  Interior:  Bathroom With Tub & Shower, Country Kitchen, Hardwood Floors, Stone/Ceramic Tile Floor, High Speed Internet Hookup, Ceiling Fans, Cable TV Available, Lead Certification Available, Storage, Balcony/Deck, Tile Floor  Rooms:  Living Room, Kitchen, Other (See Remarks) 
Unit 2
Cooling:  Window AC, 3 or More  Applicances:  Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer  Heating:  Hot Water Radiators, Gas  Interior:  Bathroom With Tub & Shower, Country Kitchen, Hardwood Floors, Stone/Ceramic Tile Floor, High Speed Internet Hookup, Cable TV Available, Lead Certification Available, Storage, Balcony/Deck, Tile Floor, Crown Molding  Rooms:  Living Room, Dining Room, Kitchen, Laundry 
Unit 3
Rent Includes:  Water  Cooling:  Window AC, 2 Units  Applicances:  Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer  Heating:  Steam, Oil  Interior:  Bathroom With Tub & Shower, Country Kitchen, Skylight, Hardwood Floors, High Speed Internet Hookup, Ceiling Fans, Cable TV Available, Pantry, Lead Certification Available, Storage, Balcony/Deck, Tile Floor  Rooms:  Living Room, Kitchen, Office/Den 
Common
Rooms:  Laundry 
Map
Similar Properties
The listing office is Barrett Sotheby's International Realty and the listing agent is Mary McGarry. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 11/14/2018 1:35:00 AM.
 
Diane Horrigan
Diane Horrigan
REALTOR®
RE/MAX Trinity