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42 Pearl St, Everett MA 02149

$1,150,000

Estimated $3,028/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $383,333.33

Total Rent: 88800/year

Estimated CAP Rate:

6 Bedrooms

Baths

3537

Total Parking: 9 (2 Garage)

3,999 (0.09)

An outstanding opportunity for investors and owner-occupants alike! This well-maintained three-family offers approximately 3,537 sq ft of living space, excellent income potential, and a convenient location near the Malden line. With the second-floor apartment vacant, buyers can move right in while collecting rental income from two occupied units or lease all three as an investment. Each spacious apartment features 2+ bedrooms, one full bath, high ceilings, abundant natural light, a functional layout, and rear porch. Additional highlights include separate utilities and heating systems, laundry, and basement access. Recent improvements include fresh paint and carpeting in the common hallway and newly painted Unit 2. All three units have Letters of Full Compliance dated 2019 or 2020 (See attachments). A generous driveway accommodates approximately 4–5 vehicles and leads to a garage with potential for two-car parking with improvements. Ideally located just off Main Street, near neighborhood shops, restaurants, MBTA bus service connecting to the Orange Line, and convenient access to Route 93, downtown Boston, and Logan Airport. Approximately one mile from Encore Boston Harbor. Whether expanding your investment portfolio or seeking the financial benefits of owner-occupied multifamily living, 42 Pearl Street offers exceptional flexibility and opportunity!

This home has been viewed 11 times

Last Checked: October 27th, 2026 at 4:28am (Source: MLS PIN #73589145)

Gross Income: $88,800

Gross Expenses: $17,510

Net Income Calc: $71,290

Annual Expenses for 42 Pearl St, Everett MA 02149

Total Gross Expenses (Calculated)$17,510/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax13956

Annual Income & Unit Breakdown for 42 Pearl St, Everett MA 02149

Total Gross Income (Calculated)$88,800

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 42 Pearl St, Everett MA 02149

Listing ID73589145

Property TypeMulti Family / 3 Family

Price1150000 ($325.13/SqFt)

Style3 Family

CityEverett

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3537

Approximate Lot Size (Acres)0.09

Total Parking9 (2 Garage)

Garage Parking2

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningDD

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 42 Pearl St, Everett MA 02149

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Tenant Possessions

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 42 Pearl St, Everett MA 02149

Real Estate Taxes13956

Tax Year2026

Assessed Value$983,200

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 42 Pearl St, Everett MA 02149

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 42 Pearl St, Everett MA 02149

Agent

Name: The Margie and Jon Team

Office

Name: Gibson Sotheby's International Realty

Phone: 617-332-1400

Team Members

Name: Igor Burlak

Name: Marjorie Kern

Payment Calculator

, Interest

Property Taxes 1163

Principal & Interest 7085.93

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

The Margie and Jon Team

Agent Phone

Office Phone

(617) 332-1400

Text Agent Call Agent Call Office

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EXIT

10 More Photos

Active

42 Pearl St, Everett MA 02149

$1,150,000

Annual Expenses for 42 Pearl St, Everett MA 02149

Annual Income & Unit Breakdown for 42 Pearl St, Everett MA 02149

General Information for 42 Pearl St, Everett MA 02149

Disclosures for 42 Pearl St, Everett MA 02149

Financial Information for 42 Pearl St, Everett MA 02149

Location Information for 42 Pearl St, Everett MA 02149

Contact Information for 42 Pearl St, Everett MA 02149

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Gibson Sotheby's International Realty

The Margie and Jon Team