29-31 Sprague St, Malden $1,500,000

Sale Type: For Sale Ft²: 4,057 Lot Size: 6,255 Ref #: 73531709

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Category: Multi Family Home

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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.