$5 Million Malden Building For Sale

MALDEN, MA -- It's not a cheap investment, but it could really payoff. This building is selling as is - 30 bedrooms and 16 bathrooms and all. Check out more details at the link below.

• Address: 40 Rockland Ave, Malden
• Price: $5,000,000
• Square Feet: 19200
• Bedrooms: 30
• Bathrooms: 16 Baths
• Built: 1963
• Features: GREAT INVESTMENT PROPERTY with EXCELLENT UPSIDE POTENTIAL ! Located west of the Malden Center, it is in walking distance to MBTA Malden Center Station ( Orange, Rail, Bus ). Easy access to schools, stores, shops, restaurants, Route 95. The apartments ( 14 - 2 beds & 2 - 1 bds ) are spacious & have an excellent floor plan. The parking lot contains 22 + parking spaces. The building is easy to operate and maintain. This's a 3 1/2 story, 16 unit brick building situated in a street level rectangular shaped lot of approximately 16,552 sq ft of land. The living area is approximately 19,200 sq ft ( about 1060 sq ft for 2 bds & 840 sq ft for 1 beds). Average rent for 2 bd are approximately $ 1,900/mon, $ 1,575 for 1 bds. Will sell as is !

This listing originally appeared on realtor.com. For more information and photos, click here.