323 Pearl St, Malden, MA 02148
Local realty services provided by:ERA Key Realty Services
323 Pearl St,Malden, MA 02148
$949,000
- 4 Beds
- 3 Baths
- 2,457 sq. ft.
- Multi-family
- Active
Listed by: yana bushmelov, melissa clark
Office: coldwell banker realty - worcester
MLS#:73584283
Source:MLSPIN
Price summary
- Price:$949,000
- Price per sq. ft.:$386.24
About this home
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....
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Home facts
- Year built:1928
- Listing ID #:73584283
- Updated:October 17, 2026 at 11:20 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:14
- Flooring:Bamboo, Carpet, Hardwood, Laminate, Tile, Vinyl, Wood
- Bathrooms Description:Bathroom With Tub & Shower
- Kitchen Description:Dishwasher, Kitchen, Range, Refrigerator
- Basement Description:Bulkhead, Concrete, Interior Entry, Sump Pump, Unfinished
- Living area:2,457 sq. ft.
Heating and cooling
- Heating:Natural Gas, Oil, Steam
Structure and exterior
- Roof:Shingle
- Year built:1928
- Building area:2,457 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Level
- Construction Materials:Frame
- Exterior Features:Garden, Porch, Rain Gutters
- Foundation Description:Stone
Schools
- High school:Ferryway School
- Middle school:Malden High
- Elementary school:Beebe School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$949,000
- Price per sq. ft.:$386.24
- Tax amount:$10,518 (2026)
Features and amenities
- Appliances:Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry features:Dryer, Gas Dryer Hookup, Washer, Washer & Dryer Hookup, Washer Hookup
- Amenities:Ceiling Fan(s), Storage, Walk-in Closet(s)
Parking
- Total parking spaces:6
- Parking description:Common, Off Street, Paved, Paved Drive
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