14-16 Ripley St, Malden, MA 02148
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14-16 Ripley St, Malden, MA 02148
14-16 Ripley St, Malden, MA 02148
14-16 Ripley St, Malden, MA 02148
14-16 Ripley St, Malden, MA 02148
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Nicole Bettano

Nicole Bettano

+1(781) 330-9064
$ 1,849,000
Est. payment /mo
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Open Sat 12PM-1:30PM

14-16 Ripley St Malden, MA 02148

10 Beds

6 Baths

3,282 SqFt

Open House

Sat Sep 26, 12:00pm - 1:30pm

Sun Sep 27, 11:00am - 12:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 3,282 sqft

Price per Sqft $563

MLS Listing ID 73582174

Bedrooms 10

Full Baths 6

Year Built 1885

Annual Tax Amount $10,817

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

Great investment opportunity in Malden! Conveniently located near Oak Grove Orange Line Station and steps from MBTA bus service, offering easy access throughout Greater Boston. This well-maintained 6-unit multifamily is ideally located just off Main St in a thriving, well-established rental market and generates over $138k in revenue. Approximately 5,499 sq ft across three levels, the property features a desirable unit mix of two 1-bedroom units, one studio, and two 2-bedroom units. Significant upgrades completed in 2024 include high-efficiency heating systems, on-demand hot water, a new roof, new driveway and walkway, plus renovated unit interiors with updated kitchens, electrical, flooring, and plumbing. Additional features include on-site basement laundry and three off-street parking spaces. A strong addition to an investment portfolio in an established Malden rental market.

Location

State MA

County Middlesex

Zoning ResA

Direction Main St turn left into Ripley St

Rooms

Basement Full, Walk-Out Access, Concrete

Interior

Interior Features Living RM/Dining RM Combo, Living Room, Dining Room, Loft

Heating Baseboard

Flooring Vinyl, Laminate

Appliance Range, Microwave, Refrigerator

Exterior

Community Features Public Transportation, Shopping

Utilities Available for Gas Range, for Electric Range

Roof Type Shingle

Total Parking Spaces 3

Garage No

Building

Lot Description Level

Story 7

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Blue Ocean Realty, LLC

NEARBY SCHOOLS & PROPERTIES

Nicole Bettano

Nicole Bettano

Broker Associate, Realtor, REAL BROKER MA. License ID: 9574247

+1(781) 330-9064

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14-16 Ripley St