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Bean Group
Offered at $1,200,000Active
beds
—
baths
—
sq ft
5,514
Built
1900

262-264 Pearl St

Malden, MA 02148

About this home

ATTENTION DEVELOPERS and INVESTORS! Great rental income awaits! Unique and hard-to-find multi unit buildings in much sought after Edgeworth area within a short walk to train station. Property features a large DELEADED two family featuring a 5rm, 2bdrm unit w/approximately 986 sq. ft. and second floor featuring 8rms, 3bdrms with approx. 1,570 sq. ft including the two unheated rooms. In the rear of the two-family is a current music studio that could be an ADU adding more rental income with approx. 992 sq .ft. The multi-level single family features 6 rooms w/2 bedroom and two full baths with approx. 1,966 sq ft.. All on one lot this is a great Developer Opportunity. City approval will need to be acquired for any change to the property but the possibilities are endless. A multi-unit condominium complex with parking underneath could be an option. Or keep the current 2 family and single family and make some great rental income! This property is located in a residential A neighborhood abutting the train tracks w/a park next door. Fantastic location! Easy access to Boston and all major routes. Zoning allows for group dwellings! ADU Streamlined process in place with City! Listed as a three-family home MLS#73519398

Listing last checked: Listing updated:

Listed by Diane Chuha · Bond Realty, Inc. · MLS #73524292

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Details at a glance

Interior1 property facts
Basement
Not reported
Building3 property facts
Style
Other
Year built
1900
Roof
Rubber
Land & utilities3 property facts
Lot size
0.2 acres
Pool
Not reported
Zoning
Res A
Financial2 property facts
Annual taxes
$9,669
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $1,200,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,874 / monthAdjust
Principal & interest
$6,068
Property tax
$806
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $9,669. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 262-264 Pearl St

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Request a tour of 262-264 Pearl St and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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