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$1,400,000

Active

262-264 Pearl St

Malden, MA, 02148

Commercial · MLS #73524292

Days on market

97 days

Lot size

0.20 ac

0.20 acres

Lot

About this home

ATTENTION DEVELOPERS! Unique and hard-to-find multi unit buildings in much sought after Edgeworth area within a short walk to train station. Property features a large DELEADED two family featuring a 5rm, 2bdrm unit w/approximately 986 sq. ft. and second floor featuring 8rms, 3bdrms with approx. 1,570 sq. ft including the two unheated rooms. In the rear of the two-family is a current music studio that could be an ADU adding more rental income with approx. 992 sq .ft. The multi-level single family features 6 rooms w/2 bedroom and two full baths with approx. 1,966 sq ft.. All on one lot this is a great Developer Opportunity. City approval will need to be acquired for any change to the property but the possibilities are endless. A multi-unit condominium complex with parking underneath could be an option. Or keep the current 2 family and single family and make some great rental income! This property is located in a residential A neighborhood abutting the train tracks w/a park next door. Fantastic location! Easy access to Boston and all major routes. Listed as a three-family home MLS#73519398

Location

262-264 Pearl St, Malden, MA, 02148

Property details

Parking
1-10 Spaces

Listed by Diane Chuha · Bond Realty, Inc.

Schedule a showing

262-264 Pearl St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$9,181 / month

Down payment20% · $280,000
Interest rate6.66%

Loan term

Principal & interest
$7,197
Property tax
$1,400
Home insurance
$583

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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