New

$949,000

For Sale

7 days ago

323 Pearl St, Malden, MA

Name: 323 Pearl St, For Sale in Malden - eXp Realty
Brand: Coldwell Banker Realty - Worcester
SKU: 73584283
Price: 949000 USD

House

MLS® 73584283

4 Bed

3 Bath

2457 sqft

6 Parking

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 2457 sqft

Garage

Taxes $10,518

Days Active 7

Lot Size 0.26 Acres

Approx. Age 1928

Avg. Price Per Sqft $386

MLS® Number 73584283

Property Address: 323 Pearl St, Malden, MA, 02148-6633

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number73584283

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1928

BasementInterior Entry, Bulkhead, Sump Pump, Concrete, Unfinished

DrivewayPaved Drive, Off Street, Common, Paved

Garage Spaces

HeatSteam, Natural Gas, Oil

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 30, 2026List Date

$949,000List Price

Home Appraisal

This property is estimated to sell between: $776,000 and $1,036,000.

Similar properties in this area sold on average for: $776,250

Expect to pay under asking. 100% of similar properties sold for less than the asking price.

Expected to sell in 10 days. Similar properties sold in 17 days. This home has been on eXp Realty for 7 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address

Destination Address

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