All Posts Tagged With: "malden ma"
In a Market Like This You Appreciate the Occasional Pat on the Back
We recently sold a multifamily in Malden after it had been listed with another broker for MONTHS. This was an estate sale. We sold the property with competing offers in about 2 1/2 weeks. Meanwhile inventories in Malden are mounting and market times are approaching 6 months.
An expedited sale, when handled properly, will net [...]
Local Investor Retires From Real Estate: Refuses to Pay Taxes
Today one of our clients made another step towards retiring from his real estate investments. We closed on 150 Summer St a six-unit building in Malden, Mass. When we first sat down with this owner he was stuck. He knew he had to sell, his life plans don’t include collecting rent forever. After 20 years [...]
2Apr2008 | Brecht Palombo | 0 comments | ContinuedThis One is Going to Go Fast
This property is a good deal. It was just reduced to $289,900. This is a bank owned 2 family. There are 4 floors of living. The sec8 rents in Malden are really strong. Both units are renovated to different degrees but all the windows have been replaced and the systems look recent. If you are [...]
19Feb2008 | Brecht Palombo | 0 comments | Continued