CCertihomes
18-20 Benner Ave, Malden, MA 02148

$1,190,000

3 beds 6 baths 2,561 sqft Built 19004 days on marketActive

About this home

OPEN HOUSE THIS SAT 5/18 11-1PM & SUN 5/19 FROM 11-12:30PM ! OFFERS DUE WED 5/22 BY 10AM! Rare investment find on a highly desired quiet street in Malden. This 3 family home is centrally located just minutes walking from broth Ferry St School and Malden Center, and is close to public transportation, amazing restaurants, parks and playgrounds. This building features 2 off-street tandem parking, and 60, 99, and other highways makes this an excellent commuting option. Turnkey rental with all 3 units currently rented, with current income at $6, 075 per month, and the potential to market to $6, 500 per month. Units 1 and 2 have both been recently upgraded and feature leased tenants, while Unit 3 has additional flexibility with a TAW.

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
$7,870/mo

Real estate (PITI + HOA + PMI)
$7,746
Principal + interest$5,397
Property tax + insurance$1,903
PMI / 2nd mortgage$446
Utilities
$638
Heating + cooling$157
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$147
Car insurance + maintenance$147
Other (entertainment)
$158
$7,870/mo TLC
Budget$8,370/mo
Remaining after TLC$500/mo
Purchase price
$1,190,000
Down payment
$59,500 (5%)
Loan amount
$1,130,500
APR
4%

Quick facts

Type
3 Family
Style
Year built
1900
Lot size
0.07 ac
Stories
3
Heating
Cooling
Water
Public
HOA
Annual tax
$8,846
MLS #
73238776
County
Middlesex

At a glance

Dishwasher

Home features

Appliances
DishwasherMicrowaveRefrigeratorWasherDryer
Parking
Paved DriveOff StreetTandem
Sewer
Public Sewer

Lot features

Level

Neighborhood — 02148

MetricThis ZIPCountyUSA
Population58,5506,444,931299,088,112
Population Change Since19904.00%7.00%20.00%
Population Density11,221786
Male28,4083,127,134147,432,321
Female30,1423,317,797151,655,844
Never Married16,9721,612,88563,775,926
Married22,1132,586,314123,120,365
Separated2,367247,85712,639,686
Widowed3,533363,59415,467,586
Divorced4,019436,88823,075,029
Number Of House Hold23,5792,431,591111,826,380
Average House Hold Size2.452.562.60
Medial Age37.4437.2535.46
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 R5.00%5.00%
W C J79.17%81.38%77.74%
(Zip) Code
2148

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

Map & walkability

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MLSPIN

Listing information last refreshed 5/15/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.