363 Broadway

364 Broadway, Malden, MA 02148

  • For Sale $536,000
  • Property Type Multi-Family
  • Property Size 5,000 SF
  • Units 2
  • Lot Size 0.07 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Date Updated Sep 19, 2024
Located just five miles north of Boston, Malden is identified as a growing submarket that offers investors high upside potential. As a result of continuous development in this submarket, apartment rents have increased by 3% in the past 12 months, with further increases expected each year for the next ten years. 363 Broadway benefits from its prime location with easy access to various transportation options and local amenities. Oak Grove station on the MBTA Orange Line and Wyoming Hill station on the MBTA commuter rail are both just an 8-minute drive away, offering residents convenient access to Downtown Boston. Besides the MBTA rail services, numerous bus routes serve the area, connecting to both local and regional destinations. For drivers, Route 1 and Interstate I-93 are conveniently nearby. Additionally, Malden is home to dozens of local and national retailers like Whole Foods, Market Basket, and more. These retail amenities are located just a few minutes’ drive from 363 BroadwayBoston Realty Advisors is pleased to present for sale 363 Broadway, a two-unit value-add multifamily property located in Malden, MA. 363 Broadway offers investors the opportunity to benefit from rental demand in this growing submarket, located just five miles north of Boston. This multifamily property consists of two units across +/-5,000 SF. Each unit consists of a two bedroom, one bathroom layout, with common washers and dryers located in the basement. Unit 1 is currently occupied and unit 2 remains vacant.

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Attachments

Highlights

  • Value-Add Opportunity
  • Proximity to Downtown Boston
  • New Area Development

Contacts

broker

Kevin Benzinger

Boston Realty Advisors

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable

  • Transit Score ®

    43/100 Some Transit

  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Malden, MA
  • Neighborhood Forestdale
  • Zip Code 02148
  • Market Boston

Points of Interest

  • Oak Grove

    1.65 miles

  • Chelsea

    2.64 miles

  • Wonderland

    2.84 miles

  • Revere Beach

    3.03 miles

  • Beachmont

    3.53 miles

  • Sullivan Square

    4.06 miles

  • Airport

    4.25 miles

  • Community College

    4.56 miles

  • Union Square

    4.93 miles

  • North Station

    5.01 miles

  • King

    0.11 miles

  • King Petroleum

    0.52 miles

  • ChargePoint

    0.80 miles

  • 99 Gas

    0.82 miles

  • Speedway

    0.84 miles

  • Eastern Avenue Mobil

    1.20 miles

  • Mobil

    1.34 miles

  • Super Petroleum

    1.47 miles

  • Phillips 66

    1.52 miles

  • Speedway

    1.61 miles

  • Newbridge Cafe Parking

    1.61 miles

  • Pleasant Street Parking Lot

    1.68 miles

  • CHA Everett Hospital Parking

    1.78 miles

  • Jackson Street Parking Garage

    1.82 miles

  • Mountain Avenue Parking Garage

    1.83 miles

  • Gateway Parking

    1.92 miles

  • Malden Center Station Parking

    1.96 miles

  • Hallmark Health Parking

    2.18 miles

  • Ravis Parking

    2.37 miles

  • Stonehill Garage

    2.53 miles

  • Econo Lodge

    0.11 miles

  • New England Motor Court

    0.43 miles

  • Colonial Traveler Inn

    1.15 miles

  • Four Points Boston Logan International Airport

    1.26 miles

  • Chisholm's Motor Inn

    1.51 miles

  • Avalon Motel

    1.54 miles

  • Rodeway Inn

    2.23 miles

  • Envision Hotel

    2.36 miles

  • Red Roof Inn Boston Logan

    2.41 miles

  • Holiday Inn Boston Logan Airport - Chelsea

    2.43 miles

  • Dunkin' Donuts

    0.39 miles

  • Dunkin'

    0.45 miles

  • The Lunch Box Diner

    0.47 miles

  • Papa Gino's

    0.49 miles

  • McDonald's

    0.60 miles

  • Domino's

    0.62 miles

  • Fresco's Roast Beef & Seafood

    0.63 miles

  • Henry's Patio

    0.64 miles

  • Burger King

    0.73 miles

  • Flaming Grill and Buffet

    0.77 miles

  • Linden S.T.E.A.M. Academy

    0.22 miles

  • Saint Josephs School

    0.25 miles

  • Mystic Valley Regional Charter School

    0.30 miles

  • Metro North Children's Learning Center

    0.55 miles

  • Malden Catholic High School

    0.71 miles

  • Salemwood School

    0.71 miles

  • Forestdale School

    0.86 miles

  • Ripley School

    1.04 miles

  • Pope John XXIII Central School

    1.10 miles

  • Lafayette School

    1.13 miles

  • Little Sprouts Melrose

    1.76 miles

  • Chime Time Children's Center

    1.93 miles

  • Mi Pequeña Academia

    2.29 miles

  • The Melrose Family Room

    2.40 miles

  • First Steps Early Learning Center

    2.70 miles

  • Teachable Moments Childhood Program

    3.49 miles

  • Little Giants Family Day Care

    3.49 miles

  • KinderCare

    3.88 miles

  • Elizabeth Peabody House

    4.04 miles

  • Catholic Charities Child Care Center

    4.26 miles

Frequently Asked Questions

How much does 363 Broadway cost?

The space currently listed for sale at 363 Broadway asks for $536,000.

What is the total square footage of 363 Broadway?

363 Broadway totals 5,000 square feet.

When was this property built?

363 Broadway was built in 1900.

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Contact Listing Broker

broker

Kevin Benzinger

Boston Realty Advisors