Unit Information
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: NEW
- Type: Multi-Family, Multi Family
- Area: Forestdale
- Zip Code: 02148
- Levels: 5
- Parking
- Garage Capacity: 5
- Parking: Paved
- Parking Spaces: 5
- Rooms and Dimensions
- Total Units: 5
- Total Floors: 5
- Total Rooms: 17
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$1,500,000
- Status: New
- Listing ID: 73531709
- Bedrooms: 6
- Full Baths: 5
- Living Area: 4,057 sqft Convert
- Lot Size: 6,255 sqft Convert
- Acres: 0.14
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |