18-20 Benner Avenue

Malden, MA 02148

$1,190,000
Price
3
Beds
3
Baths
3
1/2 Baths
2,561 Sq. Ft.
$465 / Sq. Ft.
2,561
Sq. Ft.
$465
per Sq. Ft.

Description

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...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.
  1. Listed by Rose Hall • Blue Ocean Realty, LLC
  2. Listed by Key Kuen Ho • Blue Ocean Realty, LLC

Property Details for 18-20 Benner Avenue

Town
Malden
Area
MA-Malden
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2

Open Houses

Saturday, Jun 1st

11:00 AM - 12:30 PM

PublicView Details

Sunday, Jun 2nd

11:00 AM - 12:30 PM

PublicView Details

Location

Listing Courtesy of Blue Ocean Realty, LLC, Rose Hall; Blue Ocean Realty, LLC, Key Kuen Ho
Add your commute
LISTING UPDATED: 05/19/2024 03:07 AM

Property Details for 18-20 Benner Avenue

StatusActive
MLS #73238776
Days on Market17
Taxes$8,846 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Blue Ocean Realty, LLC, Rose Hall; Blue Ocean Realty, LLC, Key Kuen Ho
Add your commute

Building Information for 18-20 Benner Avenue

Stories3Residences3Year Built1900Building Size-Lot Size0.07 AC / 2,927 SF

Payment Calculator

$7,231 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,494

Property Taxes

$737

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 18-20 Benner Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 2561.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Num of Baths: 6.0
  • Num of Full Baths: 3
  • Num of Half Baths: 3
  • Bathrooms Total Decimal: 4.50
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Level
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Tandem
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Tandem
  • Parking Features: Off-Street, Tandem
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Units are currently in use as: Unit 1 - 2 bed 1 bath,Unit 2 - 2 bed 1 bath and Unit 3 - 1 bed and 1 bath. Public records show as 3 beds in total. Unit 1: $2,350,rented until 5/31/2025; Unit 2: $2,150,rented until 08/31/2024 (renewal notice at $2,250 has been sent); Unit 3 is a TAW at $1,600.
Tax Information
  • Tax ID: M:084 B:405 L:547,596678
  • Assessments: $756,700
  • Book: 74635
  • Tax Year: 2024
  • Zoning: ResA
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $72,900.00
  • NOI: $72,900.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,075.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5%
  • Other Agent Compensation: 0

Property History for 18-20 Benner Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 18-20 Benner Avenue

Taxable ValueLand$255,800Additions$500,900Total$756,700
Tax Record2024$8,846 ($737 / month)
Home Facts
Baths4.5Total Finished SqFt2,561 SqFtAbove Grade Finished SqFt2,561 SqFtUnfinished Basement SqFt1,011 SqFtStories2Lot Size2,927 SqFtStyleTriplexYear Built1900ZoningRESACountyMIDDLESEXAPNMALD M:084 B:405 L:547

Schools near 18-20 Benner Avenue

This home is within Malden School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Ferryway School
PublicK to 8

Malden High School
Public9 to 12

Salemwood School
PublicK to 8

Beebe School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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18-20 Benner Avenue is a multi-family home for sale in Malden, MA 02148. This property was listed for sale on May 15, 2024 by Blue Ocean Realty, LLC, it's currently listed at $1,190,000. It has been on the market for a total of 17 days and was last sold on August 11, 2003. This listing's school district is Malden School District. Nearby schools include Ferryway School, Malden High School and Salemwood School. 18-20 Benner Avenue is a 3-bed, 4.5-bath, 2,561 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blue Ocean Realty, LLC, Rose Hall; Blue Ocean Realty, LLC, Key Kuen Ho

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its 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.