3 months on rocket

18-20 Benner Ave, Malden, MA, 02148

$1,125,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,561 SqFt
$439/SqFt
Multi

Location

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18-20 Benner Ave, Malden$1,125,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Tandem
Year Built1900
MLS #73238776
Lot Size0.07 Acres
StatusActive

About 18-20 Benner Ave

Turnkey rental with all 3 units currently rented, with current income at $6,200 per month, and the potential to market to $6,500 per month. 3 family. Cash cow! 6200 a month! 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.Units 1 and 2 have both been recently upgraded and feature leased tenants new kitchen, in unit laundry, while Unit 3 has additional flexibility with a TAW.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,561 SqFt

Listing Office:

  • Office Name: Blue Ocean Realty, LLC
  • Listing Agent: Rose Hall

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Washer, Dryer

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Paved Drive, Off Street, Tandem

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.07 Acres

School Info

Assigned Schools Information:

  • Malden High School, Public District Grades 9-12
  • Ferryway, Public District Grades KG-8
  • Salemwood, Public District Grades KG-8
  • Beebe, Public District Grades KG-8

Other

Directions Information:

  • Directions: GPS accurate

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,125,000
  • Price Per SqFt: $439/SqFt

Tax Information:

  • Annual Amount: $7,444
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Malden, MA.

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Malden, MA

City

Med. Sold Price

$680K

Med. Price/SqFt

$421

Avg. Days On Market

19

# of Sold Homes

33

18-20 Benner Ave vs Malden

118 DAYS ON ROCKET

+99 Days

$1,125,000

+$445K More

$439/SqFt

+$17 More

KEY TAKEAWAY

This property is $445K more than the Median Sold Price and $17/SqFt more than other homes in Malden, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73238776

Listing Office:

  • Office Name: Blue Ocean Realty, LLC
  • Listing Agent: Rose Hall

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/10/2024, 11:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 11, 2003Home Sold
$390,400

Tax History

YEARPROP. TAXASSESSMENT
2021$7,444$605,700
2020$8,221$649,900
2019$7,732$582,700
2018$7,485$531,200
2017$7,203$508,300

History based on county public records data.

Payment Calculator

$5,682

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,439

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2244257
5
/10

  • Ferryway

  • 150 Cross St

  • 0.07 miles

  • Public District Grades KG-8

school-card-donut-2244258
5
/10

  • Salemwood

  • 529 Salem St

  • 0.76 miles

  • Public District Grades KG-8

school-card-donut-2244259
5
/10

  • Beebe

  • 401 Pleasant St

  • 1.09 miles

  • Public District Grades KG-8

High School

school-card-donut-2244260
3
/10

  • Malden High School

  • 77 Salem St

  • 0.45 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,161. Typical income of Malden, MA residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Malden›02148›18-20 Benner Ave

This home is located at 18-20 Benner Ave in Malden, MA and zip code 02148. This 2,561 square foot home, which was built in 1900, sits on a 0.07 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $1,125,000.

In August 2024 more than 27 listings in Malden, MA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. In August 2024 in Malden, MA there were 8.6% less homes for sale than in July 2024. While the average time on the market in August 2024 was 19 days, the median list price was $680,000.

From Rocket Homes Real Estate and based on county public records data.

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