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
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Last Checked: October 13th, 2026 at 6:38am (Source: MLS PIN #73524292)
General Information for 262-264 Pearl St, Malden MA 02148
Listing ID73524292
Property TypeCommercial Sale
Price$1,200,000
Style
CityMalden
CountyMiddlesex
MLS AreaEdgeworth
Neighborhood(s)
ZoningRes A
Year Built1900
Disclosures for 262-264 Pearl St, Malden MA 02148
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.
Compensation Based On
Contact Information for 262-264 Pearl St, Malden MA 02148