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262-264 Pearl St

Edgeworth, Malden, MA 02148
$1,200,000
7 Beds
4/1 Baths
5,514 Living Area
  • Property Description
    Great investment opportunity for the savvy buyer or first time investor! The possibilities are endless for this Unique and hard-to-find Multi-unit buildings in much sought after Edgeworth area within a short walk to train station. Enjoy rental income from the spacious DELEADED two-family featuring a 4rm, 2bdrm, 1bth unit on first floor with approx. 986 sq. ft. and 8rm, 3bdrm, 1bath unit on 2nd floor with approx. 1,570 sq. ft including two unheated rooms. One heating system, one hot water tank & separate electrical. The separate studio unit with approx. 992 sq ft. used as Music studio and workshop area w/half bath attached to two-family offering great potential for additional ADU creating even more income! The stand alone single family in back is a true hidden gem and features 6rms, 2bdrm, & 2 full baths. The lovely multi-level homes features approx. 1,966 sq. ft. and features an open layout w/galley style kitchen w/cook-top only (no stove), spacious living room/dining area, spacious den, family room features 3/4 bath and sliders leading to nice back yard w/screened in deck area. Lower level office or bedroom, laundry area. The upper level bedroom overlooks living area and features walk-in closet and full bath. Zoning allows for group dwelling occupancy. The ADU is a streamlined process and a great idea for added income.
  • Highlights
    • Area: Edgeworth
    • Heating: Oil, Forced Air, Natural Gas, Electric
    • Parking Spots: 4
    • Property Type: 3 Family
    • Total Rooms: 21
    • Status: Active
    • Cooling: Wall Unit(s), Central Air
    • Levels: 5
    • Property Class: Residential Income
    • Stories: 5
    • Year Built: 1900
  • Additional Details
    • Appliances: Range, Disposal, Washer, Dryer, Dishwasher, Refrigerator
    • Exclusions: Tenant Belongings.
    • Flooring: Carpet
    • Interior Features: Ceiling Fan(s), Walk-In Closet(s), Bathroom with Shower Stall, Bathroom With Tub, Slider, Living Room, Kitchen, Dining Room, Office/Den, Family Room
    • Roof: Shingle, Rubber
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Construction: Frame, Stone, Block
    • Fireplaces: 1
    • Foundation: Concrete Perimeter, Stone
    • Road Frontage Type: Public
    • SqFt Source: Other
    • Year Built Details: Approximate
    • Zoning: Res A
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Bike Path, Highway Access, T-Station
    • Security Features: Security System
    • Parking Features: Paved Drive, Off Street
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $1,135,600
    • Tax Year: 2026
    • Total Rent: $4,800
    • Rental Fee Includes: Unit 1(Heat, Water), Unit 2(Heat, Water)
    • Taxes: $9,668

Location

262-264 Pearl St, Malden, MA 02148

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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 Bond Realty, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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