Rare opportunity to own a prime investment/development property in the center of Saugus! Classic 3-Family with 2bed/1bath apartment units up and down. Centrally located and all area amenities between 3-15 minutes away. Top floor unit (#3) AS-BUILT measures 831 SF. 9’ ceilings throughout, rear decks and 6-8 parking spots (surface and garage) Building has separate utilities but has not been condo converted. Utility upgrades needed. No leases. Unit 1 and 2 are TAW and 3rd-floor owner-occupied. Building can be delivered vacant. Inspections are informational only. See firm remarks. • First open house on September 27th All offers (best and final) due by Friday 10/5 at 6pm Please email list agent for more details
The only all residential 3 family on the market in Saugus! Extremely convenient and desirable location on a quiet side street steps from Saugus center. Excellent commuter location minutes from Route 1. Three 5 room units with w/d hook ups in each unit. With good schools and proximity to Boston, the Saugus rental market is booming! Similar units are now renting for up to $1600/month! All units are Tenant at Will. Separate utilities. 1-2 car garage can be rented for additional income. Cash cow potential!
MLS PIN #70364773
Sep 15, 2006
Sold
$560,000
$178/sq ft
Aug 10, 2006
Listing Removed
—
Apr 10, 2006
Listed
$574,900
$183/sq ft
This standard triple decker three family is located on a quiet side street yet is just steps from Saugus Center. All three units are in good condition with many updates. In-unit washer and dryer hook-ups are a great feature for both the owner and tenants. Great commuter location close to Route 1 and less than 1 block from bus transportation. Don't miss your chance, standard three families are rare in Saugus.
Year
Property tax
Land + Additions
Assessment*
2022
$8,475 (+3.6%)
$268,700 + $504,200
$772,900
2021
$8,181 (+15.2%)
$207,300 + $455,700
$663,000
2020
$7,101 (+1.1%)
$197,100 + $398,600
$595,700
2019
$7,021 (+15.3%)
$187,700 + $388,700
$576,400
2018
$6,089 (+4.6%)
$179,100 + $346,700
$525,800
2017
$5,821 (+20.6%)
$170,600 + $312,500
$483,100
2016
$4,825 (+6.6%)
$162,000 + $233,500
$395,500
2015
$4,528 (+4.5%)
$154,400 + $222,300
$376,700
2014
$4,332 (+13.2%)
$154,400 + $218,700
$373,100
2013
$3,828 (+2.2%)
$154,400 + $185,000
$339,400
2012
$3,747 (+4.0%)
$154,400 + $185,000
$339,400
2011
$3,604 (−5.7%)
$154,400 + $185,000
$339,400
2010
$3,821 (+5.2%)
$166,200 + $228,500
$394,700
2009
$3,633
$166,200 + $230,000
$396,200
Tax history for 8 Pearson St
Year
Property tax
Land + Additions
Assessment*
2022
$8,475 (+3.6%)
$268,700 + $504,200
$772,900
2021
$8,181 (+15.2%)
$207,300 + $455,700
$663,000
2020
$7,101 (+1.1%)
$197,100 + $398,600
$595,700
2019
$7,021 (+15.3%)
$187,700 + $388,700
$576,400
2018
$6,089 (+4.6%)
$179,100 + $346,700
$525,800
2017
$5,821 (+20.6%)
$170,600 + $312,500
$483,100
2016
$4,825 (+6.6%)
$162,000 + $233,500
$395,500
2015
$4,528 (+4.5%)
$154,400 + $222,300
$376,700
2014
$4,332 (+13.2%)
$154,400 + $218,700
$373,100
2013
$3,828 (+2.2%)
$154,400 + $185,000
$339,400
2012
$3,747 (+4.0%)
$154,400 + $185,000
$339,400
2011
$3,604 (−5.7%)
$154,400 + $185,000
$339,400
2010
$3,821 (+5.2%)
$166,200 + $228,500
$394,700
2009
$3,633
$166,200 + $230,000
$396,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
8
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
3,141
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Essex County
APN
2156266
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Property details
Parking
Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 1
# of Covered Spaces: 1
Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Full, Unfinished
Interior Features
# of Rooms (Total): 15
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: N
Exterior
Building Information
Building Area (Total): 3,141
Foundation Details: Stone, Brick/Mortar
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Fencing: Fenced
Patio And Porch Features: Porch, Deck
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.12
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $6,089
Tax Year: 2018
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Fuses
Location
Location Information
Directions: 1 North to Main St East, 1st exit off rotary to Central St. Left onto Pearson St.
UnparsedAddress: 8 Pearson St, Saugus MA 01906
Community Information
Senior CommunityYN: No
Public facts
Beds: 8
Baths: 3.0
Sq. Ft.: 3,141
Stories: 3.0
Lot Size: 5,227 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: —
County: Essex County
APN: 2156266
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Belmonte STEAM Academy
Public 2-5 • Assigned • 0.5mi
5/10
Belmonte Saugus Middle School
Public 6-8 • Assigned • 0.7mi
4/10
Saugus High School
Public 9-12 • Assigned • 0.7mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
6/10 Wind Factor
64% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Saugus, MA • 01906
Average low and high temperatures (°F)
34
21
36
22
50
33
58
41
68
51
79
62
83
66
79
61
74
57
64
46
53
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$984,000 – $1.19M
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