Tucked into the heart of Malden, this charming 2-bedroom, 1-bath home offers a rare chance to secure a solid rental asset at an entry price that still makes sense. With approximately 969 square feet, the layout is simple, efficient, and ideal for long-term tenants who value affordability and function. The home sits on a generous lot with plenty of outdoor space, mature surroundings, and a traditional footprint that is easy to renovate and maintain. Inside, the property is ready for updates, making it a perfect canvas for a landlord-grade renovation or a light value-add strategy. The bones are there — it simply needs the right investor to bring it back to life. What makes this property stand out is the math. After a straightforward rent-ready rehab, comparable homes in the area support rents in the $700–$850 range, creating strong cash-flow potential for buy-and-hold investors. The 2/1 configuration is consistently in demand, and the manageable size keeps rehab costs, taxes, and ongoing maintenance in check. This is not a retail flip — it is a smart, blue-collar rental in a market where affordable housing remains essential. Whether you are a local landlord expanding your portfolio, a handyman investor looking to create equity, or a buy-and-hold LLC targeting Midwest yields, this property checks the boxes. Off-market. Sold as-is. Fast close preferred. Opportunities like this — with real numbers, realistic rehab, and multiple exit strategies — do not last long.
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