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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 3 |
| Living area | 5,514 sqft |
| Lot size | 8,795 sqft |
| Year built | 1900 |
| Price / sqft | $218 |
| County | Middlesex |
| MLS # | 73519398 |
Listing status
| Days on market | 147 days |
| Listed on | May 14, 2026 |
Taxes & financials
| Annual property tax | $9,669 |
| Tax year | 2026 |
| Assessed value | $1,135,600 |
| Zoning | Res A |
| Gross income (actual) | $57,600/yr |
| Net operating income (actual) | $57,600/yr |
| Total actual rent | $4,800/mo |
Building & lot
| Stories | 5 |
| Total rooms | 21 |
| Lot size | 0.2 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street |
| Foundation | Concrete Perimeter, Stone |
| Roof | Shingle, Rubber |
| Construction | Frame, Stone, Block |
| Flooring | Carpet |
Utilities & systems
| Heating | Oil, Forced Air, Natural Gas, Electric |
| Cooling | Wall Unit(s), Central Air |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range |
| Appliances | Range, Disposal, Washer, Dryer, Dishwasher, Refrigerator |
Location
More about investing in Malden →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 262-264 Pearl St, Malden MA 02148 have?
It is a 3-unit multi-family property with 5,514 sqft of living area, built in 1900.
How long has 262-264 Pearl St, Malden MA 02148 been on the market?
262-264 Pearl St, Malden MA 02148 has been listed for 147 days (since May 14, 2026).
What is the estimated cap rate on this 3-family in Malden?
Based on area median rents, the estimated cap rate is about 4.2%, with a Signal Score of 75/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,200,000 across 3 units, that works out to roughly $400,000 per unit.
What are the property taxes on 262-264 Pearl St, Malden MA 02148?
Annual property taxes are $9,669 (2026), on an assessed value of $1,135,600.
What is the price per square foot?
At $1,200,000 for 5,514 sqft, that's about $218 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street).
Where is this property located?
262-264 Pearl St, Malden MA 02148 is in Malden, Middlesex County, MA 02148.
