

Listed by United Multi Family Corporation
$2,800,000
12 Units in Malden MA
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,996
Net Rentable (SqFt) 5,996
Units 12
Cap Rate 5.52%
NOI $165,558
Occupancy 97%
Tenancy Multi
Year Built 1925
Buildings 1
Stories 3
Lot Size (SqFt) 8,454
Parking Spaces 7 spaces
Parking per 1,000 SqFt 1.17
Multifamily | 5.52% CAP | 12 Units
Marketing description
The apartments at 69-71 Cedar Street, Malden, MA consist of 12 Units, totaling 8454 gross square feet and 5996 rentable square feet. There are 6-two room studios referenced as one bedroom in the rent roll and 6-studios. The property is a three-story vinyl-sided building constructed in 1925 that sits on a 7697 square foot lot with off street parking for 5 cars of which 4 are included in the rent for units 1,7,9 and 12. The property is a "walker's paradise" with a Walk Score of 91. It is just a 5-minute walk from the Malden Center MBTA Station, providing direct Orange Line and commuter rail access to downtown Boston.
Investment highlights
- 5,996 SF Rentable / 8,454 SF Gross: 12-unit multifamily building.
- Three-Story Building: Vinyl-sided construction built in 1925.
- Well-Maintained Asset: Suitable for continued operation as a rental property.
- Malden Location: Access to local amenities, transportation, and employment centers.
- Multifamily Investment Opportunity: Provides ongoing rental income in an established market.
Listing Contacts


Listed by United Multi Family Corporation
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,558.28
$13,796.52/mo
Valuation Metrics
0
DSCR
5.91%
Cap Rate
5.91%
ROI
Map
Zoning
MUB MixedMixed UseMixed Use Business
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View all 79 uses
View all 79 uses Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics
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