14-16 Ripley St Malden, MA 02148
Listing Courtesy of: MLS PIN / Blue Ocean Realty, LLC / Rose Hall

  14-16 Ripley St Malden, MA 02148

Active (24 Days)
$1,849,000 (USD)
10
BED
6
BATH
3,282
SQFT

Description

Great investment opportunity, this six units multi-family is perfectly located right off Main St in the thriving and well established Malden market. Cap rate 6.5%. Great commuter location near the Orange line Oak Grove station, steps away from the MBTA bus stops, and has 3 off-street parking spaces as well, providing flexibility for commute. Well-maintained property with approximately 5,499 sq ft for 6 units total over 3 levels, including 2 One Bedrooms, 3 Studios, and 1 Townhome style Two Bedrooms. The basement level features an on-site laundry room. The property was significantly upgraded in 2024 with high-efficiency heating systems and on-demand hot water, a new roof, a newly installed driveway and walkway, and renovated unit interiors including kitchens, electrical, flooring, and plumbing. Great opportunity for a flexible portfolio addition in a well-established rental market.

MLS #:
73485930
Taxes
$10,817(2025)
Lot Size
10,018 SQFT
Type
Multifamily
Year Built
1885
County
Middlesex County

Listed By

Rose Hall, Blue Ocean Realty, LLC
Source
MLS PIN
Last checked Apr 6 2026 at 3:37 AM GMT+0000
Bathroom Details
Interior Features
  • Range
  • Refrigerator
  • Remodeled
  • Microwave
  • Loft
  • Living Room
  • Dining Room
  • Living Rm/Dining Rm Combo
Lot Information
  • Level
Property Features
  • Fireplace: 0
  • Foundation: Stone
Heating and Cooling
  • Baseboard
Basement Information
  • Full
  • Walk-Out Access
  • Concrete
Flooring
  • Hardwood
  • Laminate
  • Vinyl
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water: Public, For Gas Range, For Electric Range
  • Sewer: Public Sewer
  • Energy: Varies Per Unit
Parking
  • Off Street
  • Total: 3
Stories
  • 7
Living Area
  • 3,282 sqft
Location
   
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