36-38 Albion St Malden, MA 2148

This well-maintained, fully vacant three-family property is situated in a prime Malden location, presenting a strong opportunity for rental income or owner-occupancy. The property includes a spacious, updated owner's unit designed to function like a single-family home, featuring an open kitchen and a larger living area. Additionally, there are two clean units ready for immediate occupancy. The building boasts high ceilings, bright rooms, and functional layouts throughout. Significant updates have been made, including multiple high-efficiency heating systems, full insulation, and a roof that is approximately 3 years old. The basement has been fully repointed and offers excellent storage space. Each unit has separate electric meters. Unit 1 is heated by its own gas system, while Units 2 and 3 are serviced by a shared gas forced hot air system. The exterior features low-maintenance vinyl siding, a fenced yard, and off-street parking. The property is located minutes from Malden Center, the MBTA Orange Line, shops, and restaurants. The location benefits from strong rental demand. The bike score is 64, indicating it is bikeable. The walk score is 93, designating it as a walker's paradise. The transit score is 61, indicating good transit options.