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355 Boylston St / (617) 233-5800

14-16 Ripley St

Malden, MA ID #73485930

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14-16 Ripley St

- Malden, MA ID #73485930

Property Description

Great investment opportunity, this six units multi-family is perfectly located right off Main St in the thriving and well established Malden market. Cap rate 6.5%. Great commuter location near the Orange line Oak Grove station, steps away from the MBTA bus stops, and has 3 off-street parking spaces as well, providing flexibility for commute. Well-maintained property with approximately 5,499 sq ft for 6 units total over 3 levels, including 2 One Bedrooms, 3 Studios, and 1 Townhome style Two Bedrooms. The basement level features an on-site laundry room. The property was significantly upgraded in 2024 with high-efficiency heating systems and on-demand hot water, a new roof, a newly installed driveway and walkway, and renovated unit interiors including kitchens, electrical, flooring, and plumbing. Great opportunity for a flexible portfolio addition in a well-established rental market.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Side by Side
  • Zip Code: 02148
  • Taxes: 10,817
  • Levels: 7
  • Acres: 0.23

Parking

  • Garage Capacity: 3
  • Parking: Off Street
  • Parking Spaces: 3

Rooms/Dimensions

  • Total Units: 6
  • Total Floors: 7
  • Total Rooms: 16

Location

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14-16 Ripley St, Malden, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Rose Hall of Blue Ocean Realty, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.