262-264 Pearl St, Malden MA 02148
Malden, MA 02148 • Edgeworth
$1,400,000
Est. $8,085/month
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About this home
Unique and hard-to-find Multi-unit buildings in much sought after Edgeworth area within a short walk to train station. 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. Great rental income for both units. 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. Music studio cannot be transferred - unit goes back to storage area once sold. Will need to apply for ADU. Stand alone single family in back features 6rms, 2bdrm, & 2 full baths. Single 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, 1st floor bedroom or family room features 3/4 bath and sliders leading to nice back yard w/screened in deck area. Lower level office w/laundry area. Upper level bedroom overlooks living area and features walk-in closet and full bath
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Showing Instructions Updated
Jul 8, 2026
New showing requirements
Listed for Sale
May 14, 2026
$1,400,000
Original listing
Agent: Diane Chuha
Office: Bond Realty, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/08/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 05/14/2026 | 🏠 Listed for Sale | $1,400,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $9,669 | $1,135,600 |
Financial Details
Annual Property Tax
$9,669
Tax Year 2026
Assessed Value
$1,135,600
Facts & Features
Central AC
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1900
Living Area
5,514 sq ft
Lot Size
0.20 acres
Stories
5
Bedrooms
7
Full Baths
4
Half Baths
1
Total Rooms
21
Investment Metrics
Units
3
Unit 1 Rent
$1,900/mo · Y
Unit 2 Rent
— · N
Unit 3 Rent
— · N
Total Monthly Rent
$1,900/mo
Gross Income
$57,600
Net Operating Income
$57,600
Cap Rate
4.11%
Interior
Heating
Oil, Forced Air, Natural Gas, Electric
Cooling
Wall Unit(s), Central Air
Flooring
Carpet
Appliances
Range, Disposal, Washer, Dryer, Dishwasher, Refrigerator
Fireplace
Wood Burning
Fireplaces
1
Basement
None
Laundry
None
Features
Ceiling Fan(s), Walk-in Closet(s), Bathroom With Shower Stall, Bathroom With Tub, Slider, Living Room, Kitchen, Dining Room, Office/den, Family Room
Exterior
Construction
Frame, Stone, Block
Architecture
None
Roof
Shingle, Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Patio - Enclosed
Parking
Features
Paved Drive, Off Street
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range
Financial
Annual Tax
$9,669
Assessed Value
$1,135,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Yes, Unknown
Seller Disclosures
Chimney Liner On Two Family Needs Replacement. Part Of 2 Family Is An Additional Unit Used As Music Studio - Cannot Be Transferred Once Sold - Will Turn Back To Storage Area. Sold As Is 2nd Floor De-leading Cert. 2025, 1st Flr. De-leading Cert. Years Ago. Buyer To Do Due Diligence.
Exclusions
Tenant Belongings.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
white
Sq Ft Source
Other
Sq Ft Disclosures
Buyer to do due diligence - Marketing Floor plans 2 family & music studio 3,548 - Single fam 1,966
Documents
None
County
Middlesex
Total market time (incl. prior listings)
99 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
4
Half Bathrooms
1
Living Area
5,514 sq ft
Total Rooms
21
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,514 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPatio - Enclosed
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Carpet
Appliances:
Range, Disposal, Washer, Dryer, Dishwasher, Refrigerator
Interior Features:
Ceiling Fan(s), Walk-In Closet(s), Bathroom with Shower Stall, Bathroom With Tub, Slider, Living Room, Kitchen, Dining Room, Office/Den, Family Room
Windows:
Skylight(s)
Basement:
Laundry:
Security:
Security System
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame, Stone, Block
Roof:
Shingle, Rubber
Foundation:
Concrete Perimeter, Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Oil, Forced Air, Natural Gas, Electric
Heating Zones:
2
Cooling:
Wall Unit(s), Central Air
Cooling Zones:
2
Hot Water:
Electric, Tank, Leased Heater
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Patio - Enclosed
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street
Special Features
Fireplaces:
1
Fireplace Type:
Wood Burning
Community Amenities:
Public Transportation, Shopping, Park, Bike Path, Highway Access, T-Station
Nearby Schools
School District
Malden School District local
B-
School Safety
2024-25
1.6%
Average
1.5%
Suspensions
1.0%
In-School
0.1%
Emergency
3.9% below state avg
Elementary Schools
3 schools
B-
Beebe School
0.5 mi
|
#196 of 352
|
Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students
Very Diverse
Diverse Student Body
Grades K-08
C-
Madeline English School
0.7 mi
|
#313 of 352
|
Score: 30.5
Improved 28 spots from last year
-27.8 below state avg
760 students
Moderate
Rising School
Grades K-08
Cheverus Elementary School
0.7 mi
Grades PK-08
Middle Schools
2 schools
B-
John J. McGlynn Middle School
1.1 mi
|
#206 of 352
|
Score: 40.2
Improved 30 spots from last year
-18.1 below state avg
464 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
B+
Madeleine Dugger Andrews Middle School
1.2 mi
|
#128 of 352
|
Score: 46.6
Improved 32 spots from last year
-11.6 below state avg
435 students
Diverse
Rising School
Grades 06-08
High Schools
3 schools
C+
Malden High School
0.8 mi
|
#226 of 346
|
Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students
Very Diverse
14 sports
• 856 athletes
Early College Program
Rising School
Diverse Student Body
Grades 09-12
Malden Catholic High School
1.6 mi
19 sports
• 2,126 athletes
Strong Athletics
Grades 09-12
C+
Everett High School
1.7 mi
|
#233 of 346
|
Score: 48.1
Improved 42 spots from last year
-10.1 below state avg
2,307 students
Diverse
17 sports
• 1,298 athletes
Rising School
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
$806
Homeowners Insurance
$200
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Loan Summary
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
Edgeworth
262-264 Pearl St, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Diane Chuha
Listing Office
Bond Realty, Inc.
Office Phone
781-324-0600
Agent MLS ID
B9500154
Office MLS ID
B91401
Listing Data Updated
Aug 21, 2026 5:05 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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