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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    363 Broadway Malden, MA 02148

    5,000 SF Built 1900
    Property ID
    US38-0269306
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    Property summary
    AI-generated overview

    This exceptional value-add investment opportunity presents a two-unit apartment building situated at 363 Broadway, Malden, MA 02148. The property, built in 1900, encompasses approximately 5,000 square feet on a 3,000 square foot lot and features two stories. The net rentable area totals 2,000 square feet. Currently, the occupancy rate is 50%, with one unit occupied and one vacant. Each unit offers a two-bedroom, one-bathroom layout, and shared laundry facilities are conveniently located in the basement. The asking price is $536,000. Note that this property is subject to an affordable housing restriction until 2039

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1900
    Total area 5,000 SF
    UPID US38-0269306
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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