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.
This home has been viewed 27 times
Last Checked: October 13th, 2026 at 4:48am (Source: MLS PIN #73519398)
Gross Income: $22,800
Gross Expenses: $9,668
Net Income Calc: $13,132
Annual Expenses for 262-264 Pearl St, Malden MA 02148
Total Gross Expenses (Calculated)$9,668/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9668.95
Annual Income & Unit Breakdown for 262-264 Pearl St, Malden MA 02148
Total Gross Income (Calculated)$22,800
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Levels in Unit3
Rent IncludesHeat
General Information for 262-264 Pearl St, Malden MA 02148
Listing ID73519398
Property TypeMulti Family / 3 Family
Price1200000 ($217.63/SqFt)
Style3 Family
CityMalden
CountyMiddlesex
MLS AreaEdgeworth
Neighborhood(s)
Approximate Living Area Total5514
Approximate Lot Size (Acres)0.2
Total Parking4
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRes A
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 262-264 Pearl St, Malden MA 02148
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsNo
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 262-264 Pearl St, Malden MA 02148
Real Estate Taxes9668.95
Tax Year2026
Assessed Value$1,135,600
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 262-264 Pearl St, Malden MA 02148
Neighborhood(s)
MLS AreaEdgeworth
Area AmenitiesWalk/jog Trails
Contact Information for 262-264 Pearl St, Malden MA 02148