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Multifamily · Malden · ACT

29-31 Sprague St

Malden, MA 02148

$1,500,000

6 bedrooms5 bathrooms4,057 square feet73531709 MLS number

The residence

Property overview

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.

Taxes 2025
$14,896
Parking
5 spaces

Property details and availability are sourced from the local listing feed and may change. Contact Leverage for current details and availability.

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