A rare development / investment opportunity in Charlestown available for the first time. The combined 3,500± sq ft lot features 50'+ of street frontage which includes an existing curb cut with off-street parking for 3 or more vehicles—an exceptional advantage in this neighborhood. Zoned 3F-2000, the property offers meaningful flexibility for future redevelopment or renovation. Currently configured as a side by side two-family, it provides income potential while allowing a buyer to evaluate long-term value creation. The wide frontage and generous lot open highest-and-best-use scenarios aligned with zoning. The property would also be an incredible single-family project where an owner would enjoy beautiful yard space and plenty of room to grow. Ideally located just off Bunker Hill St, the property is close to shops, parks, restaurants, MBTA & other neighborhood amenities. One of the few remaining multi-family offerings in Charlestown that combines parking, potential and scale.
| Units | 2 |
| Living area | 2,690 sqft |
| Lot size | 3,500 sqft |
| Year built | 1930 |
| Price / sqft | $567 |
| County | Suffolk |
| MLS # | 73470882 |
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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 2-unit multi-family property with 2,690 sqft of living area, built in 1930.
At a list price of $1,600,000 across 2 units, that works out to roughly $800,000 per unit.
At $1,600,000 for 2,690 sqft, that's about $567 per square foot.
86-88 Pearl Street, Boston MA 02129 is in Boston, Suffolk County, MA 02129.

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.