29-31 Sprague St, Malden, MA 02148
- $1,500,000
- 6
- BD
- 5
- BA
- 4,057
- SqFt
- List Price
- $1,500,000
- Days on Market
- 51
- Status
- ACTIVE
- MLS#
- 73531709
- Bedrooms
- 6
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 4,057
- Lot Size (Acres)
- 0.14
- Year Built
- 1900
Property Description
Exceptional 5-unit Victorian investment opportunity on a picturesque, tree-lined street in desirable Malden. 29–31 Sprague Street features four (4) one-bedroom units and one (1) three-bedroom unit, offering a strong unit mix for steady rental income. This classic property showcases beautiful period architecture and timeless curb appeal that stands out in today’s competitive market. Off-street parking provides significant added value — a rare amenity in this area. Priced at approximately $300,000 per unit, this asset offers compelling value-add potential through updates and rent optimization. Located in Malden’s high-demand rental market with convenient access to public transportation, major routes, shopping, and dining. Ideal for investors seeking cash flow and long-term appreciation.
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Additional Information
- Area
- Forestdale
- Taxes
- $14,896
- Parking Description
- Paved Drive
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Ryan Bartlett from Listing Office: Greater Metropolitan R. E..
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