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69-71 Cedar Street
Malden, MA 02740-4442
Asking Price
$2.80M
Cap Rate
5.52%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 5.52% CAP | 12 Units <ul><li>5,996 SF Rentable / 8,454 SF Gross: 12-unit multifamily building.</li><li>Three-Story Building: Vinyl-sided construction built in 1925.</li><li>Well-Maintained Asset: Suitable for continued operation as a rental property.</li><li>Malden Location: Access to local amenities, transportation, and employment centers.</li><li>Multifamily Investment Opportunity: Provides ongoing rental income in an established market.</li></ul>
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NOI
$80,000
Cap Rate
2.86%
DSCR
0.48
Underwater
Cash-on-Cash
-10.27%
Monthly Payment
$13,852.872
Annual Cash Flow
$-86,234.467