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!
| Units | 3 |
| Living area | 3,537 sqft |
| Lot size | 3,999 sqft |
| Year built | 1900 |
| Price / sqft | $325 |
| County | Middlesex |
| MLS # | 73589145 |
| Days on market | 0 days |
| Listed on | October 9, 2026 |
| Annual property tax | $13,956 |
| Tax year | 2026 |
| Assessed value | $983,200 |
| Zoning | DD |
| Gross income (actual) | $88,800/yr |
| Net operating income (actual) | $85,246/yr |
| Total actual rent | $7,400/mo |
| Electric expense | $240/yr |
| Insurance expense | $3,314/yr |
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.09 acres |
| Garage spaces | 2 |
| Parking spaces | 7 |
| Parking | Tandem |
| Basement | Full, Walk-Out Access, Unfinished |
| Foundation | Stone |
| Roof | Rubber |
| Construction | Frame |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 3,537 sqft of living area, built in 1900.
42 Pearl St, Everett MA 02149 has been listed for 0 days (since October 9, 2026).
At a list price of $1,150,000 across 3 units, that works out to roughly $383,333 per unit.
Annual property taxes are $13,956 (2026), on an assessed value of $983,200.
At $1,150,000 for 3,537 sqft, that's about $325 per square foot.
2 garage spaces and 7 total parking spaces (tandem).
42 Pearl St, Everett MA 02149 is in Everett, Middlesex County, MA 02149.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.