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29-31 Sprague St

Forestdale - Malden, MA ID #73531709

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29-31 Sprague St

Forestdale - Malden, MA ID #73531709

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Multi Family
  • Area: Forestdale
  • Zip Code: 02148
  • Taxes: 14,896
  • Levels: 5
  • Acres: 0.14

Parking

  • Garage Capacity: 5
  • Parking: Paved
  • Parking Spaces: 5

Rooms/Dimensions

  • Total Units: 5
  • Total Floors: 5
  • Total Rooms: 17

Location

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Ryan Foley of Greater Metropolitan R. E.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.