MA
Middlesex
Malden
02148
29-31 Sprague St
29-31 Sprague St, Malden, MA 02148
Share Listing
Listing Type
Multi Family
Listing Status
Active
40
$1,500,000

Home Details for 29-31 Sprague St

Price
$1,500,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
5
Full Bathrooms
5
Square feet
4057
Year built
1900
Lot size acres
0.14
County
Middlesex
Total rooms
17
MLS Listing#
73531709
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.

Property Features
  • Water Features
    • Public
  • Parking
    • Paved
Listing Courtesy: Greater Metropolitan R. E. - 617-523-2505
Presented by: Ryan Foley
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Office
781 270 4770
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