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.
| MLS Listing ID: | 73531709 |
|---|---|
| Listing Price: | $1,500,000 |
| Listing Status: | New [?] |
| Neighborhood: | Forestdale |
| Property Type: | Multi Family |
| Bedrooms: | 6 |
| Full Baths: | 5 |
| Living Space: | 4057 sf. |
| Lot Size: | 0.14 acres (6255 sf.) |
| Parking: | Yes |
| Taxes: | $14,896.00 |
| Tax Year: | 2025 |
Listing Current as of June 09, 2026 8:00am
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