MULTIPLE UNIT DEVELOPMENT POTENTIAL. Not exactly a needle in a haystack, but it's close! A three family in a quiet residential neighborhood on 18, 970 sq ft of land. Family owned for generations...a truly rare find. Located in a Res A "single family zone" but exceeds the minimum lot size requirement of 18, 750 sq ft. Up to three stories can be built with a 35 ft max height limit. With 1500 sq ft per dwelling unit, the lot size allows for 12.6 units. Parking requirements one space per bedroom. Roughly 3k sq ft of open space with 30% lot coverage allowed. The Malden moratorium on building has been lifted as of 1/1/18. There are no inclusionary or low income units required. Malden Catholic is just a few hundred feet away. Broker nor Seller assume accuracy for the information herein. BUYER MUST DO THEIR OWN DUE DILIGENCE. The entire lot is level and rectangular. Property will be delivered vacant. Property being sold 'AS IS'. NO OFFERS WILL BE ACCEPTED SUBJECT TO PERMITTING...
Property Type: Multi Family Home
Sub Type: Multi Family Home
Listing Status: Under Agreement
County/Area: MA-Middlesex County
Zip Code: 02148
Year Built: 1920
Sq.Ft.: 2,712 sq ft
Total Rooms: 15
Units: 3 units
Full Baths: 3
Half Baths: 3
# of Parking Spaces: 10
Lot Size: 19166 sq ft
Multi Family Type: 3 Family - 3 Units Up/Down
Parking Description: Off-Street
SKIP: Public Transportation, Park, Highway Access, Public School
Selling Agent: Sara Lima Silva
Selling Office: Dell Realty Associates, Inc.
Year Built Descrip: Approximate
Courtesy of Bremis, James J. Inc., The Steve Bremis Team
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