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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.
More Info
Basic Information
- Gross Income $57,600
- Mls StatusActive
- Parcel Number M:038 B:207 L:703
- Rent Includes Unit 1(Heat, Water), Unit 2(Heat, Water)
- Road Frontage DescriptionPaved
Tax Information
- Tax Assessed Value $1,135,600
- Tax Year 2026
- Taxes$9,668
Parking
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street
- Parking Spaces4
Rooms
- Bathroom5
- Bathrooms Total Decimal 4.5
- Bedrooms7
- Full Bath4
- Half Baths1
Basic Information
- List Price$1,200,000
- MLS Number73519398
- Modification Date10/12/2026
- Property SubType3 Family
Location
- Address262-264 Pearl Street
- Building Number262-264
- CountyMiddlesex
- NeighborhoodEdgeworth
- StateMA
- StreetPearl Street
- SubdivisionEdgeworth
- TownMalden
- Zip02148
Building
- Building Area Units Square Feet
- Construction Materials Frame, Stone, Block
- FireplaceYes
- Fireplace Features Wood Burning
- Fireplaces Total 1
- FoundationConcrete Perimeter, Stone
- Levels 5
- Patio And Porch Features Patio - Enclosed
- Rooms21
- Stories5
- Units3
- Utilities For Gas Range, For Electric Range
- Window Features Skylight(s)
- Year Built1900
- Year Built Details Approximate
- Year Built Source Public Records
Property
- Acreage0.2
Interior
- Flooring Carpet
- Interior Features
- Bathroom With Tub
- Bathroom with Shower Stall
- Ceiling Fan(s)
- Dining Room
- Family Room
- Kitchen
- Living Room
- Office/Den
- Slider
- Walk-In Closet(s)
Exterior
- RoofShingle, Rubber
Utilities
- Cooling Wall Unit(s), Central Air
- Cooling YN Yes
- Heat SystemYes
- Heating Oil, Forced Air, Natural Gas, Electric
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Other
- Living Area 5,514
- Lot Size Square Feet 8,795
- Lot Size Units Acres
- Square Feet5,514
Amenities
- Amenities
- Bike Path
- Highway Access
- Park
- Public Transportation
- Shopping
- T-Station
- Appliances IncludedRange, Disposal, Washer, Dryer, Dishwasher, Refrigerator
- Other AmenitiesFireplace
- Security Features Security System
Legal
- ZoningRes A
Other
- Date Listed05/14/2026
- Farm Land Area Units Square Feet
- View Count15
Map Location
Listed by Diane Chuha of Bond Realty,Inc.
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