142-144 Highland Ave, Malden, MA 02148

$1,500,000

0 beds 0 baths 5,000 sqft Built 1925Active

About this home

Great potential awaits the savvy investor who considers adding this building to their portfolio. Building consists of 2 commercial and 2 residential units. 2 residential and 1 commercial space are currently rented while the larger, free standing commercial space (garage type building) complete with office area, bath room and work or storage space is available for future use or rental. Main building was fully gut renovated 25 years ago. Ideally this would make an excellent investment especially coupled with the adjacent building at 132-136 Highland (MLS # 72932612)

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment

$9,703/mo

Real estate (PITI + HOA + PMI): $9,654
Utilities: $722
Transportation: $147
Other (entertainment): $158

Your monthly budget

Budget$10,203/mo

Remaining after TLC$500/mo

Purchase price

$1,500,000

Down payment

$75,000 (5%)

Loan amount

$1,425,000

APR

Quick facts

Type

COM

Style

—

Year built

1925

Lot size

0.17 ac

Stories

Heating

—

Cooling

—

Water

—

HOA

—

Annual tax

$8,893

MLS #

72932613

County

Middlesex

Neighborhood — 02148

Metric	This ZIP	County	USA
Population	58,550	6,444,931	299,088,112
Population Change Since1990	4.00%	7.00%	20.00%
Population Density	11,221	786	—
Male	28,408	3,127,134	147,432,321
Female	30,142	3,317,797	151,655,844
Never Married	16,972	1,612,885	63,775,926
Married	22,113	2,586,314	123,120,365
Separated	2,367	247,857	12,639,686
Widowed	3,533	363,594	15,467,586
Divorced	4,019	436,888	23,075,029
Number Of House Hold	23,579	2,431,591	111,826,380
Average House Hold Size	2.45	2.56	2.60
Medial Age	37.44	37.25	35.46
Median House Hold Income	$52,315	$57,698	$48,276
Average House Hold Income	$59,393	$75,023	$63,629
P C I	$24,465	$29,196	$24,529
M D I	$44,131	$48,105	$41,133
A T H E	$49,078	$57,083	$50,898
S T R	5.00%	5.00%	—
W C J	79.17%	81.38%	77.74%

(Zip) Code

2148

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Walk Score

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Listing information last refreshed 1/10/2022. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.