$1,150,000
About this home
An outstanding opportunity for investors and owner-occupants alike! This well-maintained three-family offers approximately 3,537 sq ft of living space, excellent income potential, and a convenient location near the Malden line. With the second-floor apartment vacant, buyers can move right in while collecting rental income from two occupied units or lease all three as an investment. Each spacious apartment features 2+ bedrooms, one full bath, high ceilings, abundant natural light, a functional layout, and rear porch. Additional highlights include separate utilities and heating systems, laundry, and basement access. Recent improvements include fresh paint and carpeting in the common hallway and newly painted Unit 2. All three units have Letters of Full Compliance dated 2019 or 2020. A generous driveway accommodates approximately 4–5 vehicles and leads to a garage with potential for two-car parking with improvements. Ideally located just off Main Street, near neighborhood shops, restaurants, MBTA bus service connecting to the Orange Line, and convenient access to Route 93, downtown Boston, and Logan Airport. Approximately one mile from Encore Boston Harbor. Whether expanding your investment portfolio or seeking the financial benefits of owner-occupied multifamily living, 42 Pearl Street offers exceptional flexibility and opportunity!
Property details
- MLS #
- 73589145
- Property type
- 3 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 3
- On market date
- October 9, 2026
- Stories
- 3
- Total bathrooms
- 3
- Garage spaces
- 2
- Parking spaces
- 7
- Lot size
- 0.09 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 664
- Student:teacher ratio
- 10.5:1
- District
- Everett
- Enrollment
- 457
- Student:teacher ratio
- 9.3:1
- District
- Medford
- Enrollment
- 1,757
- Student:teacher ratio
- 14.1:1
- District
- Malden
Walkability
Blended score for Everett's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Everett, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.