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262-264 Pearl StMalden, MA 02148

Middlesex County

$1,200,000List price
5,514Sq Ft
1900Year built
0.20Acre lot
5 months agoOn market

Description

ATTENTION DEVELOPERS and INVESTORS! Great rental income awaits! 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. Zoning allows for group dwellings! ADU Streamlined process in place with City! Listed as a three-family home MLS#73519398

Property Information

Property type
Commercial Sale
Year built
1900
Living area
5,514 Sq Ft
Lot size
0.20 acres
Zoning
Res A
Days on market
156
MLS® Listing#
73524292

Property Features

Roof
Rubber
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Annual taxes
$9,669Tax year 2026
Parcel number
M:038 B:207 L:703

Directions

Off Route 60 or Medford Street

Listing Courtesy: Bond Realty, Inc. - 7813240600

Presented by: Diane Chuha

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