#73342404, Cheryl Maggio, Listing Office: LAER Realty Partners
2 Granite St Malden, MA 02148
Property details
About 2 Granite St
This property consists of (7) units with a mix of one-bedroom and studio floor plans. There is a total of (6) one-bedroom units and (1) studio. Many of the units and hallways have been upgraded with modern finishes. All rents are currently close to 15% below market rate, investors have the opportunity to increase rents to market rate without major capital improvements. There is also an entire third-floor space that is vacant and could be converted into more apartments. All interested parties will have the opportunity to obtain additional information upon request.
Highlights
Summary
- Full Bathrooms: 7
- Interior: Kitchen, Living RM/Dining RM Combo
- Total Bedroom Count: 7
- Heating: Central, Baseboard
- List Price: $1,850,000
- Price/SqFt: $439
- Annual Tax Amount: $11,157
- Tax Year: 2024
- Lot: Corner Lot
- Directions: Reach out to Brad Carlson for more information. See CA attached for access to offering memo.
- Year Built: 1911
- Stories: 7
- Living Area: 4,208 SqFt
- Lot Size: 0.07 Acres
- MLS Number: 73340996
- MLS Name: MLS Property Information Network
- Office Name: New England Realty Advisors LLC
- Office Phone: (781) 334-8044
- Listing Agent: Bradford Carlson
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Last updated on: 5/25/2025, 7:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,850,000
2 Granite St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 14, 2023 | Home Sold | $1,587,500 |
May 05, 2016 | Home Sold | $650,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $954,400 | $11,157 |
2023 | $888,200 | $10,827 |
2022 | $829,700 | $10,247 |
2021 | $810,700 | $9,964 |
2020 | $774,300 | $9,795 |
2019 | $698,600 | $9,270 |
History based on county public records data.
Nearby schools
8
Hoover Elementary School
Public District KG-5
1.0 mi
•37 Glendower Rd
9
Winthrop Elementary School
Public District KG-5
1.6 mi
•162 1st St
5
Webster School
Public District KG-5
1.6 mi
•30 Dartmouth St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,912. Residents of Malden, MA typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 2 Granite St in Malden, MA and zip code 02148. This 4,208 square foot home, which was built in 1911, sits on a 0.07 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $1,850,000.
In April 2025 more than 10 listings in Malden, MA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 9 were sold below. The inventory of homes for sale in Malden, MA between March and April 2025 increased by 27.4%. In April 2025, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $710,000.