$1,500,000
 $8,052 est/mo Sourced by Back At You

29-31 Sprague St,Malden, MA 02148

Malden, MA 02148

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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.

Details

MLS #73531709
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site105
Listing Provided ByGreater Metropolitan R. E. | Ryan Bartlett

Features

Bed(s)6
Bath(s) 5 Total
SQ Feet4,057
Story(s)5
Units5
ZoningResA
Acreage0.14

Interior

Rooms Total17
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

Foundation DetailsBrick/Mortar

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount14896
Tax Assessed Value1315900
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station, University
Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityMalden
Zip Code02148
AreaForestdale
Listing VS Median (in 02148)
Price:
$1,500,000
low | high
Med:
$279,000
100% of Average
sqft:
4,057
low | high
Med:
423
100% of Average
$ / sqft:
$370
low | high
Med:
$660
28.392907801418% of Average
On site:
105
low | high
Med:
89
100% of Average
Sourced by Back At You

Market Activity 02148

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Learn More About This Property

H-K Realty

H-K Realty

 (603) 684-2609hk@h-krealty.com
StateMA
CountyMiddlesex
CityMalden
Zip Code02148
AreaForestdale
Listing VS Median (in 02148)
Price:
$1,500,000
low | high
Med:
$279,000
100% of Average
sqft:
4,057
low | high
Med:
423
100% of Average
$ / sqft:
$370
low | high
Med:
$660
28.392907801418% of Average
On site:
105
low | high
Med:
89
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.125M - $1.875M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
220 Mountain Ave Property Photo 1
$899,900
220 Mountain Ave
Malden, MA 02148
203-205 Salem St Property Photo 1
$1,137,000
203-205 Salem St
Malden, MA 02148
Listing Updated: September 6, 2026 at 9:45:11 AM PDT
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