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.
4,057 Sq Ft
6,255 Sq Ft Lot Size
investment
$1,241 Monthly Tax
Built in 1900
MLS/Listing ID 73531709
5 Stories
5 Units
Community - Public Transportation
Community - Shopping
Community - Park
Community - Medical Facility
Community - Highway Access
Community - Public School
Community - T-Station
Community - University
Brick Mortar
Parking - Paved
Public Sewer
Public Water
TOTAL MONTHLY COST
$0
$0
$0