248 Pearl Street Malden MA 02148 MLS #73107187

248 Pearl Street
Malden, MA, 02148
$1,395,000
10 Beds
5 Baths
6,551 SqFt
0.18 Acres
$1,395,000
248 Pearl Street
Malden, MA, 02148
This exceptional investor opportunity is truly a rare find! A 3 unit multi-family plus a free standing single family home on the same lot! Great for owner occupant/investment.These homes have been in the same family for over 70 years & the multi-family has provided excellent rental income with great rental history. Multi-family consists of 1, 2 & 3 bedroom units (1 bed could easily be converted to 2 bed). Single family has 10 rooms, 4 beds & 2 full baths. Located in the highly desirable Edgeworth neighborhood within close proximity to Malden Center train station, Assembly Row, Encore Boston, shopping, restaurants and easy access to Route 93 and Boston. The paved driveway provides lots of off street parking with the opportunity to add even more if needed. 3rd floor unit is TAW $2500. All other units will be delivered vacant. These homes have been very well maintained and ready for occupancy. Showings are by appointment only & offers will be reviewed on Tuesday May 9th at 12PM.

Property Details

Price:
$1,395,000
MLS #:
73107187
Status:
Closed ((Jun 22, 2023))
Beds:
10
Baths:
5
Address:
248 Pearl Street
Type:
Multi Family
Subtype:
4 Family
City:
Malden
Listed Date:
May 4, 2023
State:
MA
Finished Sq Ft:
6,551
ZIP:
02148
Lot Size:
7,750 sqft / 0.18 acres (approx)
Year Built:
1924

Schools

Elementary School:
Beebe
Middle School:
Beebe
High School:
Malden

Interior

Appliances
Unit 1( Range, Dishwasher, Refrigerator), Unit 2( Range, Refrigerator, Washer, Dryer), Unit 3( Range, Refrigerator), Unit 4( Range, Dishwasher, Disposal, Compactor, Refrigerator, Washer, Dryer), Oil Water Heater, Gas Water Heater
Bathrooms
5 Full Bathrooms
Cooling
Unit 1( Wall A C), Unit 2( Wall A C), Unit 4( Ductless Mini- Split System)
Flooring
Tile, Laminate, Hardwood, Unit 1(undefined), Unit 2( Wall to Wall Carpet), Unit 3( Wall to Wall Carpet), Unit 4( Hardwood Floors)
Heating
Unit 1( Hot Water Baseboard, Oil), Unit 2( Hot Water Baseboard, Oil), Unit 3( Hot Water Baseboard, Oil), Unit 4( Hot Water Baseboard, Gas)

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Highway Access, T- Station
Construction Materials
Frame
Exterior Features
Rain Gutters, Storage
Parking Features
Paved Drive, Off Street
Roof
Shingle, Rubber

Financial

Buyer Agent Compensation
2.5%
Net Operating Income
$33,600
Tax Year
2023
Taxes
$12,876
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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