Property Description

NEWLY RENOVATED AND VACANT TWO FAMILY IN MALDEN!! Excellent opportunity for both owner-occupants and investors. Qualifying owner-occupants can take advantage of Malden’s 35% residential tax exemption, offering significant potential property-tax savings! This turnkey property has been extensively updated and is ready for its next owner. The vacant first-floor unit features 1 bedroom and 1 full bath with a bright, clean, move-in-ready layout. Market rent is estimated at approximately $2,200/month, offering strong income potential from day one.The spacious upper unit spans the second and third floors and has the feel of a true owner’s unit. The second level features a beautifully updated kitchen with attractive cabinetry that flows naturally into a dedicated dining area. The dining space also includes the refrigerator and a modern stackable washer and dryer, both included with the property. A thoughtfully designed separation wall provides definition and privacy for the laundry area while maintaining an open, seamless flow into the kitchen.From the dining area, step out onto the second-level rear porch, a great spot for a couple of chairs and a small table to enjoy morning coffee, hot chocolate, or crisp New England fall weather. The second level also offers a comfortable living room and one bedroom.The third floor provides 3 additional generously sized bedrooms, including the primary bedroom. Fresh paint, ceiling fans throughout, renovated living spaces, and a nicely updated bathroom give the home a clean, modern, move-in-ready feel. Market rent for the upper 4-bedroom unit is estimated at approximately $4,000/month, creating compelling owner-occupant or investment potential.Outside, the property offers great curb appeal with aluminum siding, a freshly painted blue exterior, manicured landscaping, and a private backyard. Multiple TV mounting brackets are already installed in several bedrooms, adding another convenient turnkey feature. Additional highlights include a clean basement and newer water tank.With both units vacant, strong market rents, extensive renovations, and a flexible layout, this is a rare opportunity to move in, rent out, or build your portfolio from day one. Turnkey multifamily opportunities like this in Malden don’t come around often — schedule your showing and see the potential for yourself.