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323 Pearl St, Malden MA 02148

$949,000

Estimated $2,415/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $316,333.33

Total Rent: 36000/year

Estimated CAP Rate:

4 Bedrooms

Baths

2457

Total Parking: 6

11,325 (0.26)

Rare opportunity in Malden! 323 Pearl Street offers THREE separate single-family homes situated on one lot, presenting a unique opportunity for investors, owner-occupants, or those seeking a multigenerational living arrangement. Held by the same family for generations and offered for sale for the first time in decades, this is truly a one-of-a-kind property.The property offers six paved off-street parking spaces, a large fenced-in common yard, and a storage shed offering additional storage or potential rental income. Each home also features a generously sized basement, providing ample additional storage space for occupants.Two of the three homes are currently tenant-occupied with Tenancies at Will, providing immediate rental income, while the third home will be delivered vacant. An excellent opportunity for an owner-occupant or investor looking to renovate and maximize the property's potential. Several important improvements have already been completed, including recently updated roofs, chimneys, and mechanical systems. Recent updates include a steam boiler serviced in 2025 and a water heater replaced in 2023 in unit 323, as well as a steam boiler replaced in 2022 in unit 327.With three individual homes, existing rental income, and significant value-add potential, this property offers tremendous flexibility for its next owner. Conveniently located with easy access to Malden Center, Wellington Station, major routes, shopping, and dining, including Assembly Row.323 Pearl Street may also be purchased together with neighboring 333 Pearl Street, presenting a rare opportunity to acquire both properties simultaneously and offering exciting potential for future expansion or redevelopment, subject to buyer due diligence and applicable approvals.

This home has been viewed 17 times

Last Checked: October 28th, 2026 at 7:43am (Source: MLS PIN #73584283)

Gross Income: $36,000

Gross Expenses: $10,518

Net Income Calc: $25,482

Water Views

Annual Expenses for 323 Pearl St, Malden MA 02148

Total Gross Expenses (Calculated)$10,518/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10518

Annual Income & Unit Breakdown for 323 Pearl St, Malden MA 02148

Total Gross Income (Calculated)$36,000

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 323 Pearl St, Malden MA 02148

Listing ID73584283

Property TypeMulti Family / 3 Family

Price949000 ($386.24/SqFt)

Style3 Family

CityMalden

CountyMiddlesex

MLS AreaEdgeworth

Neighborhood(s)

Approximate Living Area Total2457

Approximate Lot Size (Acres)0.26

Total Parking6

Garage Parking0

Year Built1928

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 323 Pearl St, Malden MA 02148

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

Financial Data SourceEstimated

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 323 Pearl St, Malden MA 02148

Real Estate Taxes10518

Tax Year2026

Assessed Value$922,600

Financial Data SourceEstimated

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 323 Pearl St, Malden MA 02148

Elementary SchoolBeebe School

Middle SchoolMalden High

High SchoolFerryway School

Neighborhood(s)

MLS AreaEdgeworth

Area AmenitiesWalk/jog Trails

Contact Information for 323 Pearl St, Malden MA 02148

Agent

Name: Yana Bushmelov

Office

Name: Coldwell Banker Realty - Worcester

Phone: 508-795-7500

Team Members

Payment Calculator

, Interest

Property Taxes 876.5

Principal & Interest 5847.44

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Worcester

Yana Bushmelov

Agent Phone

Office Phone

(508) 795-7500

Text Agent Call Agent Call Office

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EXIT

12 More Photos

Pending

323 Pearl St, Malden MA 02148

$949,000

Annual Expenses for 323 Pearl St, Malden MA 02148

Annual Income & Unit Breakdown for 323 Pearl St, Malden MA 02148

General Information for 323 Pearl St, Malden MA 02148

Disclosures for 323 Pearl St, Malden MA 02148

Financial Information for 323 Pearl St, Malden MA 02148

Location Information for 323 Pearl St, Malden MA 02148

Contact Information for 323 Pearl St, Malden MA 02148

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Worcester

Yana Bushmelov