29-31 Sprague St, Malden, MA 02148

  • Active
  • Price Reduced$200,000

 $1,300,000

  • 6 BedroomBedrooms
  • 5 BathroomBathrooms
  • 4,284 Sq.Ft.
  • Multi-Family
  • Active
  • MLS# 73531709
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

Exceptional 5-unit Victorian investment opportunity on a picturesque, tree-lined street in desirable Malden. 2931 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 todays 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 Maldens 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.

Property Details

General

  • Area: Forestdale
  • County: Middlesex
  • Acreage: 0.14
  • Beds: 6
  • Full Bathrooms: 5
  • Year Built: 1900
  • Sq. Ft.: 4,284
  • Garage/Parking Spaces: 0.00

Financial Considerations

  • Tax Amount: $14,896
  • Tax Year: 2025

Activity

  • Days On Market: 138
  • List Date: 06/08/2026
 

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