45 Pierce St Malden, MA 02148

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4 beds · 2 baths · 2,101 sq ft · Lot Size: 4,792 sq ft · Multi-Family Home (2 - 4 units) · North Faulkner
Est. Property Value: $750,835

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45 Pierce St is in the North Faulkner neighborhood of Malden, MA. It is located in Middlesex County and ZIP code 02148. This Multi-Family Home (2 - 4 units) was built in 1900 and is approximately 125 years old. The multi-family home (2 - 4 units) spans 2101 sq ft with 4 bedrooms and 2 bathrooms and sits on a 4792 sq ft lot. According to public records, it was last sold in 2007 for $379,500. The North Faulkner area of Malden has 349 residential homes with an average size of 2664 sq ft. Analyze and compare real estate investment strategies for properties like this home at 45 Pierce St Malden, MA 02148 with Property Intel by Whitepages.

Owners & Occupancy for 45 Pierce St

This property is owned by Edward A Rice. Owner contact information includes 11 phone numbers and 2 email addresses.

Property Owners

Cell Phone(314) ***-****View Cell Phone
Residence**********
Landline(781) 322-5906
Distance from Property**********
Email Address************@yahoo.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******
Resident 2************* age 53

Property Financials for 45 Pierce St

45 Pierce St, Malden, MA has a mortgage from Wells Fargo Bk (orig. May 13, 2013). Middlesex county annual taxes are $8,112.

Mortgage & Equity Information

Loan Amount$******
LenderWells Fargo Bk
Origination DateMay 13, 2013
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date************
Equity View Equity

Property Tax

Purchase DateMarch 09, 2007
Property Tax Amount$8,112 in 2025
Purchase Price$379,500

Investment Potential for 45 Pierce St

The property has a current estimated value of $750,835, which is 2% below the neighborhood median, based on public records. It last sold on March 09, 2007 for $380K. Projected long-term
is $44,400 annually ($3,700 per month) with a 94% occupancy rate.

Discover more Multi-Family Home (2 - 4 units)s in North Faulkner.

Long-Term

Gross Rental
$44,400 per year($3,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 02148 zip code
 
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Property Details for 45 Pierce St

Property Details

Property Sq Ft

Living Area

2,101 sq ft

21% below market

Lot Size

4,792 sq ft

0% above market

Price Per Sq Ft

Living Area

$357 / sq ft

22% above market

Lot Size Area

$157 / sq ft

0% above market

Property condition, age, exterior, etc. for 45 Pierce …
Longitude: -71.058243 Latitude: 42.43249 Parcel Number (APN): MALD-000103-000709-000908…

Recommended Properties in North Faulkner

Discover more multi-family homes near 45 Pierce St in Malden, Massachusetts. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 45 Pierce St in Middlesex County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$750,835
$692,355
$58,480 (8%)
$995,820
-$147,600 (-15%)
YoY Price Change
Year Built
1900
1909
-9 years
Living Space
2,101 sq ft
2,664 sq ft
-563 (-21%)
$ Per Living Sq Ft
$357
$265
$92 (35%)
Lot Size
4,792 sq ft
5,663 sq ft
-871 (-15%)
$ Per Lot Sq Ft
$157
$133
$24 (18%)

Net Operating Income
$28,029
-$3,126 (-11%)
Annual Revenue
$44,400
$44,400
$0 (0%)
$16,527
$2,970 (18%)
Net Operating Income
$28,029
-$3,126 (-11%)
Cap Rate
3.8%
Home Value Comparison: Property vs. Local and Regional 4-Bed Multi-Family Home (2 - 4 units) Medians

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