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33739127
33739128

69-71 Cedar Street, Malden, MA 02740-4442

RC
MA 134301, CT 0754987 (+3)
United Multi Family Corporation
Listed by United Multi Family Corporation
$2,800,000
10 days on market
Updated 10 days ago

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

RC
MA 134301, CT 0754987 (+3)
United Multi Family Corporation
Listed by United Multi Family Corporation

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$165,558.28
$13,796.52/mo

Valuation Metrics

0
DSCR
5.91%
Cap Rate
5.91%
ROI

Map

Zoning

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MUB MixedMixed UseMixed Use Business
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View all 79 uses
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Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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