29-31 Sprague St, Malden, MA 02148
29-31 Sprague St, Malden, MA 02148
29-31 Sprague St, Malden, MA 02148
29-31 Sprague St, Malden, MA 02148
29-31 Sprague St, Malden, MA 02148
29-31 Sprague St, Malden, MA 02148
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Mike And Lee Mita

Mike And Lee Mita

+1(401) 632-7638
$ 1,500,000
Est. payment | /mo

6 Beds

5 Baths

4,057 SqFt

Save
$ 1,500,000
Est. payment | /mo
Save

6 Beds

5 Baths

4,057 SqFt

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 $369

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.

Nearby Locations

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Mike And Lee Mita
Mike And Lee Mita

Broker-Associate | Lic# REB.0016449

+1(401) 632-7638

28 Caswell St. Suite 100 Narragansett, RI 02882

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29-31 Sprague St