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$1,499,900

Active

697-705 SALEM STREET

Malden, MA, 02148

Commercial · MLS #73477628

Days on market

New today

Lot size

0.21 ac

0.21 acres

Lot

About this home

RARE OPPORTUNITY IN MAPLEWOOD SQUARE! ATTENTION INVESTORS AND DEVELOPERS! exceptional opportunity to own a four-unit commercial building along with a two-family home on one lot. The Salem Street commercial building is positioned on a high-traffic, high-visibility corridor, offering excellent exposure and strong rental potential. Ideal for investors seeking attractive income opportunities in a prime location. The two-family home requires major TLC but presents tremendous upside for value-add investors. With improvements, this property offers substantial income and appreciation potential. Multiple possibilities for redevelopment, rental income, or long-term hold in one of the area’s most sought-after neighborhoods. Group showings only.

Property details

Parking
Paved Driveway

Listed by Dave DiGregorio · Coldwell Banker Realty - Waltham

Schedule a showing

697-705 SALEM STREET

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$9,709 / month

Down payment20% · $299,980
Interest rate6.50%

Loan term

Principal & interest
$7,584
Property tax
$1,500
Home insurance
$625

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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