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16 Kearney St Malden — Photo 1 of 39

16 Kearney St Malden — Photo 1 of 39

$819,900

Investment Analysis — 16 Kearney St

Malden, MA 02148

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02148 carries an estimated $6,180/mo in gross rent — about a 5.87% cap rate and $48,125/yr in estimated NOI at the $819,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,939

Style

Multi Family

Built

1900

Two-Family home on a quiet side street in Malden, close to it all! A welcoming front porch & stained-glass front door set the tone for this charming home, with access to both units. Unit 1 features 1 bedroom/1 bath, an eat-in kitchen, bright living room & spacious primary bedroom with a double closet. Unit 2 spans two levels, offering an eat-in kitchen, living room, bedroom, bath, and storage on the main level, plus 2 bedrooms and an office upstairs. Enjoy inviting outdoor space, a large driveway, 2 sheds, laundry & additional storage space in the basement. Steps to the Northern Strand Community Trail & Green Street Park, w/ easy access to public transportation, Malden Center T-station (Orange Line), Assembly Row, Encore Casino & major routes to Boston. Close to the many popular dining options & shops of downtown Malden. 12 Kearney St (MLS #: 73583597), a Two-Family home adjacent, is also available to purchase. Both properties can be purchased at the same time. First showing at the first Open House on Saturday, 10/3, from 1:00 PM to 2:30 PM - No Exceptions. Offers due by Tuesday, 10/6, at 2:00 PM.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$819,900
Annual Taxes$8,236.5

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms9
FireplacesNone
FlooringTile, Carpet, Hardwood, Stone/Ceramic Tile
BasementFull, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRes

Property & Lot

Acres0.1
SqFt Lot4,400
Lot FeaturesLevel

Amenities & Appliances

Range • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area

Geography

Listing Provided By

Listing Agent: Team Ladner

Listing Office: RE/MAX Harmony

MLS® Number: 73583586