Active
122 Days on market
262-264 Pearl St Malden — Photo 1 of 42

262-264 Pearl St Malden — Photo 1 of 42

$1,400,000

Investment Analysis — 262-264 Pearl St

Malden, MA 02148 — Edgeworth

Based on rent reported on the MLS listing, a 3-unit multi-family in 02148 carries $4,800/mo in gross rent — about a 2.44% cap rate and $34,107/yr in estimated NOI at the $1,400,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

4.5

SqFt

5,514

Style

3 Family

Built

1900

Unique and hard-to-find Multi-unit buildings in much sought after Edgeworth area within a short walk to train station. 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. Great rental income for both units. 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. Music studio cannot be transferred - unit goes back to storage area once sold. Will need to apply for ADU. Stand alone single family in back features 6rms, 2bdrm, & 2 full baths. Single 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, 1st floor bedroom or family room features 3/4 bath and sliders leading to nice back yard w/screened in deck area. Lower level office w/laundry area. Upper level bedroom overlooks living area and features walk-in closet and full bath

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,400,000
Annual Taxes$9,668.95

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms21
Fireplaces1
FlooringCarpet
BasementNone

Climate & Utilities

HeatingOil, Forced Air, Natural Gas, Electric
CoolingWall Unit(s), Central Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Stone, Block
RoofShingle, Rubber
FoundationConcrete Perimeter, Stone
ZoningRes A

Property & Lot

Acres0.2
SqFt Lot8,795
Lot Features--

Amenities & Appliances

Range • Disposal • Washer • Dryer • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Bike Path • Highway Access • T-Station

Geography

Property History

Listed
$1,400,000

May 26, 2026

MLS® 73524292

Listed
$1,400,000

May 14, 2026

MLS® 73519398

Listing Provided By

Listing Agent: Diane Chuha

Listing Office: Bond Realty, Inc.

MLS® Number: 73519398