12
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$1,499,900
Est. payment /mo
7,000 SqFt
Price Dropped by $100K
697-705 Salem Street Malden, MA 02148
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $214
MLS Listing ID 73477628
HOA Y/N false
Year Built 1900
Tax Year 2026
Lot Size 9,147 Sqft
Acres 0.21
Property Description
RARE OPPORTUNITY IN MAPLEWOOD SQUARE! ATTENTION INVESTORS AND DEVELOPERS! exceptional opportunity to own a four-unit commercial building along with a two-family home on one lot. The Salem Street commercial building is positioned on a high-traffic, high-visibility corridor, offering excellent exposure and strong rental potential. Ideal for investors seeking attractive income opportunities in a prime location. The two-family home requires major TLC but presents tremendous upside for value-add investors. With improvements, this property offers substantial income and appreciation potential. Multiple possibilities for redevelopment, rental income, or long-term hold in one of the area's most sought-after neighborhoods. Group showings only.
Location
State MA
County Middlesex
Zoning COMMERCIAL
Direction SALEM STREET
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Tar/Gravel
Others
Senior Community false
Listed by Coldwell Banker Realty - Waltham