323 Pearl St, Malden, MA 02148
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323 Pearl St, Malden, MA 02148
323 Pearl St, Malden, MA 02148
323 Pearl St, Malden, MA 02148
323 Pearl St, Malden, MA 02148
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John J. Dean Jr.

John J. Dean Jr.

Engel & Völkers Americas

+1(617) 553-1926
$ 949,000
Est. payment /mo
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Open Sun 12PM-2PM

323 Pearl St Malden, MA 02148

4 Beds

3 Baths

2,457 SqFt

Open House

Sun Oct 04, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,457 sqft

Price per Sqft $386

MLS Listing ID 73584283

Bedrooms 4

Full Baths 3

Year Built 1928

Annual Tax Amount $10,518

Tax Year 2026

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type 3 Family

Property Description

Rare opportunity in Malden! 323 Pearl Street offers THREE separate single-family homes situated on one lot, presenting a unique opportunity for investors, owner-occupants, or those seeking a multigenerational living arrangement. Held by the same family for generations and offered for sale for the first time in decades, this is truly a one-of-a-kind property.The property offers six paved off-street parking spaces, a large fenced-in common yard, and a storage shed offering additional storage or potential rental income. Each home also features a generously sized basement, providing ample additional storage space for occupants.Two of the three homes are currently tenant-occupied with Tenancies at Will, providing immediate rental income, while the third home will be delivered vacant. An excellent opportunity for an owner-occupant or investor looking to renovate and maximize the property's potential. Several important improvements have already been completed, including recently updated roofs, chimneys, and mechanical systems. Recent updates include a steam boiler serviced in 2025 and a water heater replaced in 2023 in unit 323, as well as a steam boiler replaced in 2022 in unit 327.With three individual homes, existing rental income, and significant value-add potential, this property offers tremendous flexibility for its next owner. Conveniently located with easy access to Malden Center, Wellington Station, major routes, shopping, and dining, including Assembly Row.323 Pearl Street may also be purchased together with neighboring 333 Pearl Street, presenting a rare opportunity to acquire both properties simultaneously and offering exciting potential for future expansion or redevelopment, subject to buyer due diligence and applicable approvals.

Location

State MA

County Middlesex

Area Edgeworth

Zoning ResA

Direction Medford Street to Pearl Street

Rooms

Basement Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished

Interior

Interior Features Ceiling Fan(s), Storage, Bathroom With Tub & Shower, Walk-In Closet(s), Living Room, Kitchen, Office/Den, Mudroom, Family Room

Heating Steam, Natural Gas, Oil

Flooring Wood, Tile, Vinyl, Carpet, Varies, Laminate, Bamboo, Hardwood

Appliance Range, Refrigerator, Dishwasher, Washer, Dryer

Laundry Washer & Dryer Hookup, Gas Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters, Varies per Unit, Garden

Fence Fenced/Enclosed, Fenced

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks

Utilities Available for Gas Range, for Gas Dryer, Washer Hookup

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Lot Description Level

Story 4

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Beebe School

Middle Schools Malden High

High Schools Ferryway School

Others

Senior Community false

Listed by Coldwell Banker Realty - Worcester

NEARBY SCHOOLS & PROPERTIES

John J. Dean Jr.

John J. Dean Jr.

Real Estate Advisor License ID: 9512783

+1(617) 553-1926

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323 Pearl St

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