254 Pearl Street

Malden, MA 02148

1/2 Bath
3,265 Sq. Ft.
$421 / Sq. Ft.
Sq. Ft.
per Sq. Ft.


This is a once in a blue moon opportunity to own an investment property with grandfathered use for a construction business. Huge lot. Edgeworth area of Malden. Near Malden Center and all the vibrance it offers. This well kept property features 2 residential units in the front. Office space, garage space, and a caretaker space in the back. All 3 units have hvac and central ac. There is an open carport space in the front that is waiting to be used for additional living space. There is an easement with...

Property Details for 254 Pearl Street

Garage Spaces
Parking Spaces
Parking Spaces Total


Property Details for 254 Pearl Street

MLS #72848616
Days on Market4
Taxes$8,401 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1948
CountyMiddlesex County

Listing Agent

Contact Agent(s)


Listing Agent

  1. Mike Cohen

    Mike Cohen

    Listing Agent



    P: 617.852.1160

Building Information for 254 Pearl Street

Stories4Residences3Year Built1948Building Size-Lot Size0.18 AC / 7,800 SF

Payment Calculator

$5,308 per month

30 year fixed, 2.95% Interest

Principal and Interest


Property Taxes


HOA Dues


Property Information for 254 Pearl Street

General Details
    Property Details
  • Property Type: Multi-family
  • Multi Family Type: 2 Family
  • Community Features: Public Transportation
  • Basement Info: Y
  • Waterfront: No
  • Total Units: 3
    Interior Features
  • Basement Features: Full, Slab
  • Num of Full Baths: 3.0
  • Num of Half Baths: 1.0
  • Fireplaces: 0
    Exterior Features
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Lot Description: Paved Drive
    Parking Features
  • Parking Features: Off-Street
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water
Property Information
    Property Info
  • Acres: .18
    Tax Information
  • Assessments: $683,600
  • Tax ID: 593703
  • Tax Year: 2021
  • Taxes: $8,401
  • Zoning: .
Building / Association Information
    Living Characteristics
  • Beds Total: 5
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Total Floors: 4
  • Total Rooms: 14
  • Total Levels: 5
    Other Building Characteristics
  • Cooling Units: 3
  • Heat Units: 3
  • Cooling Zones: 3
  • Levels: 2
  • Total Fireplaces: 0
  • Foundation: Poured Concrete, Slab
  • Foundation Size: 00000
  • Heat Zones: 3
    Income / Expenses
  • GOI: $48,000
  • NOI: $48,000
  • Rent: $0
  • RMS: 14
Unit Information
    Unit 1 Description
  • Bedrooms U1: 2
  • Floor U1: 1
  • Fireplaces U1: 0
  • Full Baths U1: 1
  • Half Baths U1: 0
  • Lease U1: Y
  • Levels U1: 1
  • Rent U1: 1800
  • Rooms U1: 4
    Unit 2 Description
  • Bedrooms U2: 3
  • Floor U2: 2
  • Fireplaces U2: 0
  • Full Baths U2: 1
  • Half Baths U2: 0
  • Lease U2: Y
  • Levels U2: 2
  • Rent U2: 2200
  • Rooms U2: 6
    Unit 3 Description
  • Bedrooms U3: 1
  • Floor U3: 1
  • Fireplaces U3: 0
  • Full Baths U3: 1
  • Half Baths U3: 1
  • Levels U3: 2
  • Rooms U3: 4

Property History for 254 Pearl Street

DateEvent & SourcePriceAppreciation
Jun 11, 2021

Listed (Active)

MLS PIN #72848616

DateEvent & SourcePrice

Listed (Active)

MLS PIN #72848616


For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 254 Pearl Street

Immaculate Conception Elementary SchoolPrivatePK-80.3 mi
Beebe SchoolPublicK-80.5 mi
Cheverus Centennial SchoolPrivatePK-80.7 mi
Malden High SchoolPublic9-120.8 mi

Immaculate Conception Elementary School

PK-8, 0.3 mi, Private


Beebe School

K-8, 0.5 mi, Public


Cheverus Centennial School

PK-8, 0.7 mi, Private


Malden High School

9-12, 0.8 mi, Public


School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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254 Pearl Street is a multi-family home for sale in Malden, MA 02148. This property was listed for sale on June 11, 2021 by Compass at $1,375,000. This listing's school district is Malden School District. Nearby schools include Immaculate Conception Elementary School, Beebe School and Cheverus Centennial School. 254 Pearl Street is a 5-bed, 3.5-bath, 3,265 sqft multi-family home built in 1948. This address can also be written as 254 Pearl St.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.