Multifamily Property For Sale - Malden Condominium Development

121 Madison Street, Malden, MA, 02148

 
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Malden Condominium Development

 

121 Madison Street

Malden, Massachusetts 02148
County: Middlesex
 
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  For Sale Active  
Type:Multifamily
Mid/High-Rise
No. Units:76
Building Size:120,000 SF
Price:$3,500,000
Price/Unit:$46,053
Date Last Verified:10/15/2008
Property ID:15773983
 
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 Additional Information 

Property Description:
Property has been rezoned and permitted for up to 76 units with 152 parking spaces. All of the legal work is complete and the property has a clean 21E. Malden Redevlopment Authority is offering incentives on the property.
Pertinent detailed data including Pro Forma, 21E, planning board approvals, etc. are available to qualified prospective buyers.

Location Description:
Malden is a vibrant community adjacent to Boston. This property is a convenient walk to rail service, 4 miles from Boston; the surface line is also readily available. Over 100 new professional jobs are moving into Malden with the completion of The MA Department of Education headquarters and a major new medical center. In addition, a new minor league baaseball park has been approved and will be on line within the next 3 years.

Malden center is teeming with new bistros and shopping, all of which are less than a 5 minute walk away.

6/24/2008
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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