Renting out a 4 bedroom in Malden MA

[Farouk El Khatib]

All,

I'll be closing on a duplex (4 beds/2.5 baths and 2beds/1bath) in Malden, MA within the next 2 weeks. My wife and I will be living in the 2 bedroom so we can get more rents from the 4 bedroom. Looking at rents for the 4 bedroom from different sources, we can get between 2800-3000. The property is 10 minutes from the subway/commuter rail station and 20 minutes into Boston from the station.

My question is what kind of renters will apply for a 4 bedroom in that price range? I'm guessing it might be more single professionals working in the city looking to share bedrooms than families especially with that price range. So I'm looking for answers from landlords or anybody who has experience in that area renting out a 3/4 bedroom in that price range.