Multi Family

262-264 Pearl St

Malden, MA 2148 · MLS 73519398

$1,200,000

5,514 sqft

  • Beds—
  • Baths—
  • Sq Ft5,514
  • Year1900
  • Style—
  • $ / Sq Ft$218
  • HOA—
  • Taxes$9,668
  • Parking4
  • Lot8795.0
  • MLS73519398
  • StatusActive

About this home

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.

Location

DirectionsMore in Malden

More about Malden

Malden Profile Snapshot
Primary Vibe Diverse and family-friendly city with Orange Line access, parks, and residential streets. Popular with buyers seeking relative value and transit convenience.
Housing Prices More approachable than many closer areas. Prices vary by condition and location. Multi-family homes offer rental potential.
Commute to Boston Orange Line terminus provides direct access. Bus and driving options exist. Parking is generally more available than downtown.
Schools Served by Malden Public Schools. Confirm assignments with the district.
Market Demand supported by transit and location. Updated properties near the Orange Line attract interest.
Housing Styles Single-family homes, condominiums, multi-family properties, and townhouses. Condition varies.

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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.