Discover the perfect blend of comfortable living and smart investing in Malden's desirable Forestdale neighborhood! This de-leaded, versatile two-family home is ideal for both owner-occupants & pure investors. Live in one of the spacious units & enjoy supplemental income from the other, or rent out both for $60K+ in income. The property features 13 rooms over 3 levels. The first unit includes 3 large beds, elegant h/wood floors, & a modern kitchen. The upper unit expands over 2 levels with 6 bedrooms & additional space for a home office or storage. Investors will appreciate the strong rental potential in a desirable area, while owner-occupants will love the balance of personal space & income. Conveniently located near schools, shopping, & public transportation (including the Orange Line at Malden Center), this property offers a lucrative purchase opportunity. Seize this unique living & investment opportunity!
Sold for $840,000 on 06/06/24
$840,000
79-81 Wolcott St, Malden, MA 02148
9beds
3,227sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$260/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 07, 2024 at 10:52am
Listed by:
Declan O'Toole,
SelectRE Boston
Bought with:
James Gulden
Redfin Corp.
Source: MLS PIN,MLS#: 73236264
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Natural Gas, Unit Control
Cooling
- None
Features
- Lead Certification Available, Storage, Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Sunroom
- Flooring: Tile, Laminate, Hardwood
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: Full,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 3,227
- Total interior livable area: 3,227 sqft
Property
Features
- Patio & porch: Enclosed
Lot
- Size: 3,332 sqft
- Features: Level
Details
- Foundation area: 0
- Parcel number: M:093 B:703 L:317,597603
- Zoning: ResA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
Location
- Region: Malden
HOA & financial
Other financial information
- Total actual rent: 5050
Other
Other facts
- Road surface type: Paved
Services availability

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