374 Broadway

374 Broadway, Malden, MA 02148

  • For Sale $785,000
  • Property Type Multi-Family
  • Property Size 3,055 SF
  • Units 2
  • Lot Size 0.11 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1880
  • Date Updated Aug 13, 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. 374 Broadway is centrally located near a variety of transportation options and local amenities. Oak Grove station on the MBTA orange line and Wyoming Hill station on the MBTA commuter rail are located just an 8-minute drive away and offer residents convenient commutes into Downtown Boston. In addition to the MBTA rail lines, 374 Broadway is surrounded by a multitude of bus routes with local and regional destinations. For those looking to travel by car, Route 1 and Interstate I-93 are located in close proximity to the property. The local area benefits from the presence of national retailers such as Whole Foods and Market Basket, which are located in close proximity to the property for daily errands.Boston Realty Advisors is pleased to present for sale 374 Broadway, a two-unit value-add multifamily property located in Malden, MA. Situated just five miles north of Boston, 374 Broadway is strategically positioned in well located, growing submarket with high upside potential. This multifamily property consists of two units across +/-3,000 SF. Unit 1 consists of a two bedroom layout and unit 2 consists of a three bedroom layout. The property offers off street parking in the rear of the building for 3 vehicles. 374 Broadway offers investors high upside potential through a value-add business plan upon acquisition. Through in-unit upgrades and common area renovations, investors can maximize their rental income. Additionally, 374 Broadway appeals to potential owner occupiers who are looking to occupy one unit for their own personal use.

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Attachments

Highlights

  • Value-Add Opportunity
  • Growing Submarket
  • Owner Occupier Potential
  • Off Street Parking

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

    1.66 miles

  • Chelsea

    2.67 miles

  • Wonderland

    2.84 miles

  • Revere Beach

    3.04 miles

  • Beachmont

    3.54 miles

  • Sullivan Square

    4.08 miles

  • Airport

    4.27 miles

  • Community College

    4.58 miles

  • Union Square

    4.95 miles

  • North Station

    5.03 miles

  • King

    0.13 miles

  • King Petroleum

    0.54 miles

  • ChargePoint

    0.80 miles

  • 99 Gas

    0.84 miles

  • Speedway

    0.84 miles

  • Eastern Avenue Mobil

    1.21 miles

  • Mobil

    1.34 miles

  • Super Petroleum

    1.45 miles

  • Phillips 66

    1.53 miles

  • Speedway

    1.59 miles

  • Newbridge Cafe Parking

    1.63 miles

  • Pleasant Street Parking Lot

    1.70 miles

  • CHA Everett Hospital Parking

    1.81 miles

  • Jackson Street Parking Garage

    1.84 miles

  • Mountain Avenue Parking Garage

    1.84 miles

  • Gateway Parking

    1.93 miles

  • Malden Center Station Parking

    1.97 miles

  • Hallmark Health Parking

    2.17 miles

  • Ravis Parking

    2.39 miles

  • Stonehill Garage

    2.50 miles

  • Econo Lodge

    0.13 miles

  • New England Motor Court

    0.41 miles

  • Colonial Traveler Inn

    1.13 miles

  • Four Points Boston Logan International Airport

    1.27 miles

  • Chisholm's Motor Inn

    1.49 miles

  • Avalon Motel

    1.52 miles

  • Rodeway Inn

    2.23 miles

  • Envision Hotel

    2.39 miles

  • Red Roof Inn Boston Logan

    2.39 miles

  • Holiday Inn Boston Logan Airport - Chelsea

    2.45 miles

  • Dunkin' Donuts

    0.42 miles

  • Dunkin'

    0.46 miles

  • The Lunch Box Diner

    0.49 miles

  • Papa Gino's

    0.51 miles

  • McDonald's

    0.62 miles

  • Domino's

    0.64 miles

  • Fresco's Roast Beef & Seafood

    0.65 miles

  • Henry's Patio

    0.66 miles

  • Burger King

    0.75 miles

  • Flaming Grill and Buffet

    0.79 miles

  • Linden S.T.E.A.M. Academy

    0.23 miles

  • Saint Josephs School

    0.26 miles

  • Mystic Valley Regional Charter School

    0.31 miles

  • Metro North Children's Learning Center

    0.53 miles

  • Salemwood School

    0.72 miles

  • Malden Catholic High School

    0.73 miles

  • Forestdale School

    0.86 miles

  • Ripley School

    1.03 miles

  • Pope John XXIII Central School

    1.12 miles

  • Herbert Clark Hoover School

    1.14 miles

  • Little Sprouts Melrose

    1.76 miles

  • Chime Time Children's Center

    1.92 miles

  • Mi Pequeña Academia

    2.27 miles

  • The Melrose Family Room

    2.38 miles

  • First Steps Early Learning Center

    2.71 miles

  • Teachable Moments Childhood Program

    3.47 miles

  • Little Giants Family Day Care

    3.50 miles

  • KinderCare

    3.87 miles

  • Elizabeth Peabody House

    4.06 miles

  • Catholic Charities Child Care Center

    4.24 miles

Frequently Asked Questions

How much does 374 Broadway cost?

The space currently listed for sale at 374 Broadway asks for $785,000.

What is the total square footage of 374 Broadway?

374 Broadway totals 3,055 square feet.

When was this property built?

374 Broadway was built in 1880.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Kevin Benzinger

Boston Realty Advisors