Two-Family Duplex With Private
70-72 Bainbridge Street Malden, MA 02148
70-72 Bainbridge Street, Malden, MA, 02148
$989,000
For Sale
$989,000
Updated two-family duplex with two large bedrooms per unit, hardwood floors, updated kitchens and baths, and private outdoor decks.
Property Size2,656 SF
Price / SF$372.36
Days on Market128
Property Features for 70-72 Bainbridge Street
General Information
- Standard status
- Active
- Size
- 2,656 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1910
Listing agency
eXp Realty
Listed by
The Piracini Group
(978) 808-8064
Source
Merryfoxrealty
Added: Mar 16 Updated: Jul 21 at 6:25AM Checked: Jul 21 at 6:25AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This updated two-family duplex offers a mirrored layout across both units, with two large bedrooms, ample closet space, hardwood floors, newer energy-efficient windows, and stylishly updated kitchens and baths. Unit 1 includes a sliding glass door leading to a private deck and a large, fenced-in backyard, while Unit 2 features a private deck located off the kitchen.
The exterior includes newer vinyl siding to help reduce upkeep. A rare 4-car driveway adds day-to-day convenience, and a massive basement provides significant additional storage.
Located at 70-72 Bainbridge Street in Malden, the property is described as being in the Forestdale neighborhood with a commuter-friendly setting.
The exterior includes newer vinyl siding to help reduce upkeep. A rare 4-car driveway adds day-to-day convenience, and a massive basement provides significant additional storage.
Located at 70-72 Bainbridge Street in Malden, the property is described as being in the Forestdale neighborhood with a commuter-friendly setting.
Key Highlights
- Two‑family duplex built in 1910 with two large bedrooms in each unit
- Both units feature hardwood floors, newer energy‑efficient windows, and updated kitchens and baths
- Unit 1 includes a sliding glass door to a private deck and a large fenced‑in backyard
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.5k | $31.80 |
| − Vacancy | −$4.2k | −$1.57 |
| EGI | $80.3k | $30.23 |
| − OpEx | −$24.1k | −$9.07 |
| NOI | $56.2k | $21.16 |
2,656 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$802.9K
$702.5K – $936.7K
NOI $56,202 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$754.9K
$660.6K – $880.8K
NOI $52,845 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,064 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Updated two-family duplex with two large bedrooms per unit, hardwood floors, updated kitchens and baths, and private outdoor decks.
Where is this duplex located?
The property is located at 70-72 Bainbridge Street Malden, MA.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Two‑family duplex built in 1910 with two large bedrooms in each unit; Both units feature hardwood floors, newer energy‑efficient windows, and updated kitchens and baths; Unit 1 includes a sliding glass door to a private deck and a large fenced‑in backyard
