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229 Pearl St, Malden MA 02148

$999,900

Estimated $2,337/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $499,950

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

2742

Total Parking: 3

5,462 (0.13)

Rare opportunity to own a well-maintained 2 family home in the heart of Malden situated on a large corner LOT w/ample off street parking, just a 12-minute walk to Malden Center Station with easy access to the Orange Line, restaurants, shops, and downtown Malden Ctr./ Boston. Proudly owned by the same family for over 65 years, this property has been lovingly cared for and offers strong bones, timeless character, and incredible potential for updates and customization. Each unit features spacious layouts, generous natural light, and classic details throughout. This home presents an excellent opportunity for investors, owner-occupants, or multigenerational living. Conveniently located near parks, schools, and major routes, this is a chance to bring new vision to a solid property in one of Malden’s most commuter-friendly neighborhoods.

This home has been viewed 10 times

Last Checked: June 16th, 2026 at 7:53am (Source: MLS PIN #73526251)

Gross Income: $0

Gross Expenses: $8,588

Net Income Calc: $8,588

Water Views

Annual Expenses for 229 Pearl St, Malden MA 02148

Total Gross Expenses (Calculated)$8,588/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8588

Annual Income & Unit Breakdown for 229 Pearl St, Malden MA 02148

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit0

Rent Includes

General Information for 229 Pearl St, Malden MA 02148

Listing ID73526251

Property TypeMulti Family

Price999900 ($364.66/SqFt)

StyleMulti Family

CityMalden

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2742

Approximate Lot Size (Acres)0.13

Total Parking3

Garage Parking0

Year Built1880

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningResA

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 229 Pearl St, Malden MA 02148

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator And Some Personal Belongings

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 229 Pearl St, Malden MA 02148

Real Estate Taxes8588

Tax Year2025

Assessed Value$758,700

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 229 Pearl St, Malden MA 02148

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 229 Pearl St, Malden MA 02148

Agent

Name: Kenneth Celano

Office

Name: Turn Key Realty

Phone: 781-264-3992

Payment Calculator

, Interest

Property Taxes 715.67

Principal & Interest 6161.07

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Turn Key Realty

Kenneth Celano

Agent Phone

Office Phone

(781) 264-3992

Text Agent Call Agent Call Office

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    [unparsed] => 229 Pearl St, Malden MA 02148
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EXIT

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