2-Unit Duplex with Separate
46-48 Clayton St, Malden, MA 02148
For Sale
New
$949,500
Each residence has an independent entrance, while shared laundry facilities provide separate washer and dryer hookups for both units.
Property Size1,900 SF
Price / SF$250.99
Days on Market3
Property Features for 46-48 Clayton St
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Public Transit
Utilities to Site
Units
Multifamily Units
Individually Metered Utilities
Amenities
shared laundry area
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Century 21 North East
(781) 730-3977
Listed By:
Frank Prinzivalli
(617) 283-8236
Source:
Iverty
Added: Nov 12
Last Checked: Nov 12 at 2:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 North East
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 46-48 Clayton St in Malden, this 3,783-square-foot duplex contains two residences, each with its own entrance and utility service. The property also includes a finished basement with storage, a common laundry area with separate washer and dryer hookups for each unit, and a roof replaced four years ago. The building dates to 1900 and sits on a corner lot.
Nearby destinations and transportation options include local schools, Malden Center, the MBTA Orange Line, commuter rail, shops, and restaurants. The two-unit arrangement and separate services are complemented by shared laundry facilities and additional basement space.
Nearby destinations and transportation options include local schools, Malden Center, the MBTA Orange Line, commuter rail, shops, and restaurants. The two-unit arrangement and separate services are complemented by shared laundry facilities and additional basement space.
Key Highlights
- Two residences, each with a separate entrance and utility service
- 3,783 square feet in a building constructed in 1900
- Roof replaced four years ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,050
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,601,000
$1.6M
Cap Rate 7%
$1,143,571
$1.1M
Cap Rate 9%
$889,444
$889.4K
Market Conditions
NOI Build-Up for 3,783 SF
Gross rent
$120.3K $31.80/SF
− Vacancy
−$5.9K −$1.57/SF
EGI
$114.4K $30.23/SF
− OpEx
−$34.3K −$9.07/SF
NOI
$80.0K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,601,000
Cap Rate 7%
$1,143,571
Cap Rate 9%
$889,444
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$1.00M – $1.33M
NOI $80,050 @ 7.0% cap · market cap 8.43%
Second Best
Apartment 5plus
$1.08M
$940.9K – $1.25M
NOI $75,269 @ 7.0% cap · market cap 7.93%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,767 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,208
Businesses Nearby
Explore this area
Business Placement
Demographics for 02148, MA
66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Malden, MA
Properties on Market for Duplexes in Malden
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has an independent entrance, while shared laundry facilities provide separate washer and dryer hookups for both units.
Where is this duplex located?
The property is located at 46-48 Clayton St Malden, MA.
What is the asking price?
The asking price for this property is $949,500.
What are key features of this property?
This property features: Two residences, each with a separate entrance and utility service; 3,783 square feet in a building constructed in 1900; Roof replaced four years ago
