14-16 Ripley St, Malden, MA 02148
Local realty services provided by:ERA Millennium Real Estate
14-16 Ripley St,Malden, MA 02148
$1,849,000
- 10 Beds
- 6 Baths
- 3,282 sq. ft.
- Multi-family
- Active
Listed by: rose hall, keykuen ho
Office: blue ocean realty, llc
MLS#:73582174
Source:MLSPIN
Price summary
- Price:$1,849,000
- Price per sq. ft.:$563.38
About this home
Great investment opportunity in Malden! Conveniently located near Oak Grove Orange Line Station and steps from MBTA bus service, offering easy access throughout Greater Boston. This well-maintained 6-unit multifamily is ideally located just off Main St in a thriving, well-established rental market and generates over $138k in revenue. Approximately 5,499 sq ft across three levels, the property features a desirable unit mix of two 1-bedroom units, one studio, and two 2-bedroom units. Significant upgrades completed in 2024 include high-efficiency heating systems, on-demand hot water, a new roof, new driveway and walkway, plus renovated unit interiors with updated kitchens, electrical, flooring, and plumbing. Additional features include on-site basement laundry and three off-street parking spaces. A strong addition to an investment portfolio in an established Malden rental market.
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Home facts
- Year built:1885
- Listing ID #:73582174
- Updated:November 11, 2026 at 12:41 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:16
- Flooring:Laminate, Vinyl
- Dining Description:Dining Room, Living Room/Dining Room Combo
- Kitchen Description:Microwave, Range, Refrigerator
- Basement Description:Concrete, Full, Walk-Out Access
- Living area:3,282 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Shingle
- Year built:1885
- Building area:3,282 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Level
- Construction Materials:Frame
- Exterior Features:Deck, Porch
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,849,000
- Price per sq. ft.:$563.38
- Tax amount:$10,817 (2025)
Features and amenities
- Appliances:Microwave, Range, Refrigerator
- Amenities:Loft
Parking
- Total parking spaces:3
- Parking description:Off Street, Paved Drive
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