Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

323 Pearl St

Edgeworth - Malden, MA ID #73584283

Property Description

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.

Additional Details

  • Status: Active
  • Type: Multi-Family, Triplex
  • Area: Edgeworth
  • Zip Code: 02148
  • Taxes: 10,518
  • Levels: 4
  • Acres: 0.26

Parking

  • Garage Capacity: 6
  • Parking: Paved, Off Street, Common
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 4
  • Total Rooms: 14
  • Has Basement: Yes

Location

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323 Pearl St, Malden, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Yana Bushmelov of Coldwell Banker Realty - Worcester. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.