29-31 Sprague St, Malden, MA 02148
29-31 Sprague St, Malden, MA 02148
29-31 Sprague St, Malden, MA 02148
40
See all 40 photos
$1,300,000
Est. payment /mo
Save
6 Beds
5 Baths
4,057 SqFt
Price Dropped by $200K

29-31 Sprague St Malden, MA 02148

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Philippe Félix

Philippe Félix

+1(617) 404-9485

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,057 sqft

Price per Sqft $320

MLS Listing ID 73531709

Bedrooms 6

Full Baths 5

Year Built 1900

Annual Tax Amount $14,896

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 5+ Family - 5+ Units Up/Down

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.

Location

State MA

County Middlesex

Area Forestdale

Zoning ResA

Direction GPS

Exterior

Community Features Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station, University

Total Parking Spaces 5

Garage No

Building

Story 5

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Greater Metropolitan R. E.

GET MORE INFORMATION

Philippe Félix
Philippe Félix

Founder | Broker | 1804 Realty License ID: 9582019

+1(617) 404-9485 | philippe@1804realtygroup.com

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from 1804 Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

29-31 Sprague St