23 Fairmont St

2,606 Sq. Ft.
$343 / Sq. Ft.
2,606
Sq. Ft.
$343
per Sq. Ft.

Description

Here is an opportunity you don't want to miss at 23 Fairmont St. With strong monthly rent, this is a great opportunity for the savvy investor or owner occupant. All three units are currently rented. All three units are in turn key shape with plenty of parking and a newly paved back yard. The electric service is recently updated to the property as well. There is coin-opp laundry in the basement providing additional monthly income. The location is convenient being within minutes of Malden Center, Malden...Here is an opportunity you don't want to miss at 23 Fairmont St. With strong monthly rent, this is a great opportunity for the savvy investor or owner occupant. All three units are currently rented. All three units are in turn key shape with plenty of parking and a newly paved back yard. The electric service is recently updated to the property as well. There is coin-opp laundry in the basement providing additional monthly income. The location is convenient being within minutes of Malden Center, Malden train, many Malden public schools and major bus routes. It's rare to find a 3 family on the market in Malden, don't miss your chance to own one!
  1. Listed by Branch Out Residential Team • Coldwell Banker Realty - Charlestown
  2. Listed by Peter Pezzano • LAER Realty Partners

Property Details for 23 Fairmont Street

Town
Malden
Area
MA-Malden
Garage Spaces
0
Open Parking Spaces
5.00
Parking Spaces Total
5
LISTING UPDATED: 08/06/2022 07:25 AM

Property Details for 23 Fairmont Street

StatusSold
MLS #72662074
Days on Market20
Taxes$7,002 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Coldwell Banker Realty - Charlestown, Branch Out Residential Team; LAER Realty Partners, Peter Pezzano

Sold By Advisors Living - Newton, Heather Cunningham

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Building Information for 23 Fairmont Street

Stories6Residences3Year Built1900Building Size-Lot Size0.08 AC / 3,680 SF

Payment Calculator

$5,043 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,460

Property Taxes

$584

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 23 Fairmont Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Highway Access, Private School, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 2606.0
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: As with all our listings,buyer is encouraged to due diligence. Unit 2 and 3 include heat and hot water in the rent,there is one furnace and hot water tank for unit 2&3 but separate electric. Seller prefers to close Sept 1 or after. See agent for disclosures.
Tax Information
  • Tax ID: M:080 B:364 L:409,596138
  • Assessments: $553,500
  • Book: 71569
  • Tax Year: 2020
  • Zoning: ResA
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $73,800.00
  • NOI: $73,800.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,150.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0%

Property History for 23 Fairmont Street

DateEvent & SourcePriceAppreciation
Sep 1, 2020

Sold

MLS PIN #72662074

$895,000—
Jun 2, 2020

Under Agreement

MLS PIN #72662074

—
Jun 2, 2020

Contingent

MLS PIN #72662074

—
DateEvent & SourcePrice
09/01/2020

Sold

MLS PIN #72662074

$895,000
06/02/2020

Under Agreement

MLS PIN #72662074

—
06/02/2020

Contingent

MLS PIN #72662074

—

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

Public Records for 23 Fairmont Street

Taxable ValueLand$280,400Additions$626,300Total$906,700
Tax Record2025$10,264 ($855 / month)
Home Facts
Baths4.5Total Finished SqFt2,606 SqFtAbove Grade Finished SqFt2,606 SqFtUnfinished Basement SqFt953 SqFtStories3Lot Size3,681 SqFtStyleTriplexYear Built1900ZoningRESACountyMIDDLESEXAPNMALD M:080 B:364 L:409

Schools near 23 Fairmont Street

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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Listing Courtesy of Coldwell Banker Realty - Charlestown, Branch Out Residential Team; LAER Realty Partners, Peter Pezzano

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.