41 Henry St, Malden, MA 02148

$450,000
2
BD
1
BA
672
SqFt

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List Price
$450,000
Status
NEW
MLS#
73587982
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
672
Lot Size (Acres)
0.05
Style
Ranch
Year Built
1961

Property Description

Opportunity knocks in Malden! This 2-bedroom, 1-bath single-family home offers 672 square feet of living space and a chance for the right buyer to create something entirely new. An estate sale being offered in its current condition, 41 Henry Street is not a cosmetic fixer. It is a project property requiring significant renovation, resources and vision.The home has substantial deferred maintenance, there is currently no heat connected, and the interior requires extensive cleaning and renovation. Buyers should also be aware that a strong pet odor permeates the home. This property is best suited for a contractor, investor, experienced renovator or well-capitalized owner-occupant who understands the scope of work involved and is prepared to make the necessary improvements.The opportunity? A freestanding single-family home in Malden with convenient access to Boston and the surrounding communities. At just 672 square feet, the compact footprint offers an interesting alternative for someone who would rather put money and effort into a small home of their own than purchase a condominium or take on a much larger renovation. Reimagine the existing space, investigate the possibilities, and create a home that works for today's lifestyle.For the investor, this may be an opportunity to renovate and reposition a small single-family property in a highly desirable Greater Boston location. For the owner-occupant with the financial resources, patience and imagination to take on a substantial project, it offers the chance to build equity while creating a home to their own specifications.Bring your contractor, your ideas and your imagination, but come prepared for a project. The value here is not in the home's present condition; it is in what the property could become in the hands of the right buyer.Property is being sold AS IS as part of an estate. Buyers and buyers' agents must perform their own due diligence regarding property condition, systems, financing and intended improvements. Financing options may be limited due to the current condition of the property and the lack of connected heat.

Additional Information

Area
Faulkner
Taxes
$4,731
Parking Description
Paved Drive, Off Street
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jean-Marie Minton from Listing Office: Keller Williams Realty Evolution.

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