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.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
