Commercial Sale at 262-264 Pearl St, Malden MA 02148, Malden
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42 photos

$1,400,000

262-264 Pearl St, Malden MA 02148
Malden, MA 02148
Listed by Diane Chuha
Bedrooms
N/A
Bathrooms
N/A
Living area
5,514 sqft
Year built
1900

About this home

ATTENTION DEVELOPERS! 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. Listed as a three-family home MLS#73519398

Property details

MLS #
73524292
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
135
On market date
May 26, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.2 acres
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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).

Elementary
Beebe
0.5 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
935
Student:teacher ratio
13.6:1
District
Malden
Middle
Madeleine Dugger Andrews
1.22 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
458
Student:teacher ratio
10.7:1
District
Medford
High
Malden High
0.83 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,757
Student:teacher ratio
14.1:1
District
Malden

Walkability

Blended score for Malden'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).

87
Highly walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies11

Market position

How this listing compares to current activity in Malden, from live MLS data.

On the market 135 days -- 55 more days than Malden's current average of 80 days.
For reference, the median list price across 422 active listings in Malden right now is $3,700.

Mortgage calculator

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Est. monthly payment
$8,581/mo
$280,000 down
$1,120,000 loan
Principal & interest$7,264
Property tax (est.)$1,167
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 21, 2026.

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.