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338 BroadwayMalden, MA 02148Sale Price: $725,000

  • Sale Price: $725,000
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $725,000Sale Price
  • 0.16Acreage
  • 2,802Square Feet
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PUT YOUR BUSINESS ON THE 1st FLOOR - HIGH TRAFFIC w/ PARKING. FAVORABLE NEIGHBORHOOD BUSINESS ZONING. CAN DELIVER 1st FLOOR EMPTY. Current 1400sf Retail Hair Salon is a Tenancy-at-Will rented for $2700 per month plus tenant pays $200 in water every month. 2nd Floor Huge DE-LEADED 1400sf Newly Renovated 5 Bedrooms / 1 Bath Apartment Rented for $2800 per month with lease until 8/31/2020. Both units have their own Gas Central HVAC AC and Separate Water Heater. 12 Off-Street Parking Spaces. Both spaces are under market rent. 1st floor Retail Salon could fetch $3500 per month and 2nd Floor 5 Bedrooms could fetch $3500 per month. Going in CAP RATE of 6.4%, Can be raised to 8% with rent increases.

Property Details of 338 Broadway

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Listed by Michelle Francis of United Properties,Inc.

Listing Sold by United Properties, Inc.

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