Great opportunity for the savvy investor with this 7-unit mixed-use residential/commercial property consisting of 4 residential units and 3 commercial store fronts on busy intersection/well-traveled main street in Malden. Residential units are one-bedroom studio apartments with hardwood floors and ceramic tile baths. Commercial store fronts consist of a long-term hair salon, laundry mat business that transfers with the sale of the property to the new owner generating approximately $75k in gross sales with all newer equipment also to transfer with sale. Third commercial store needs complete rehab and could suit various different offices/agencies/businesses. This property is in close proximity to the Malden Center train station, public transportation, shopping and great restaurants such as the 110 Grill and Evviva Trattoria and other fine establishments. With a little TLC you could maximize the financials of this revenue-generating property!
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Listing provided by Jose Ferreira, Morello Real Estate
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