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159 Pearl Street

Somerville, MA 02145
  • $1,999,900
  • STATUS: Active
  • MLS #: 73515418
UPDATED: 37 min ago
$1,999,900
  • 15
    BEDS
  • 0.19
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
  • 7,500
    SQFT
  • $267
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Listing courtesy of Kevin Fernandes of Century 21 Realty Network.

Description

Rare opportunity in sought-after Somerville! This unique offering features two separate 2-family homes on one lot, owned and cared for by the same family for decades. The property is fully occupied with long-term tenants, resulting in below-market rents. This offers significant upside potential for investors or owner-occupants. While configured as a four-unit property, there is additional finished space in the lower levels offering flexibility and added utility (buyers to perform their own due diligence). One unit will be delivered vacant, providing an excellent opportunity for owner occupancy or immediate rent adjustment. A standout feature is the ample off-street parking, a rare find in this location. Paved driveway on both sides for easy entry/exit for tenants. Conveniently located near major routes, public transportation, shopping, and dining. Strong income potential with value-add opportunity in a high-demand market.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-06-16T21:04:21.79.
www.teamrosoremax.com/homes/176267882
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159 Pearl Street Somerville, MA 02145

  • Price: $1,999,900
  • Status: Active
  • On Site: Days
  • Updated: 37 min ago
  • MLS #: 73515418
15
Beds
6
Baths
1
½ Baths
0.19
Acres
7,500
SQFT
$267
$/SQFT
1900
Built
Neighborhood:
East Somerville
County:
Middlesex
Area:
East Somerville
Property Description
Rare opportunity in sought-after Somerville! This unique offering features two separate 2-family homes on one lot, owned and cared for by the same family for decades. The property is fully occupied with long-term tenants, resulting in below-market rents. This offers significant upside potential for investors or owner-occupants. While configured as a four-unit property, there is additional finished space in the lower levels offering flexibility and added utility (buyers to perform their own due diligence). One unit will be delivered vacant, providing an excellent opportunity for owner occupancy or immediate rent adjustment. A standout feature is the ample off-street parking, a rare find in this location. Paved driveway on both sides for easy entry/exit for tenants. Conveniently located near major routes, public transportation, shopping, and dining. Strong income potential with value-add opportunity in a high-demand market.
Exterior Features

Color Tan Construction Materials Frame Covered Spaces 0 Exterior Features Rain Gutters Garage YN No Levels 6 Lot Features Level Open Parking YN Yes Other Structures Shed(s) Parking Features Paved DriveOff StreetTandemCommonPaved Parking Total 8 Patio And Porch Features Porch Road Frontage Type Public Road Responsibility Public Maintained Road Roof ShingleSlateRubber Spa YN No Waterfront YN No

Interior Features

Appliances RangeRefrigeratorMicrowave Basement FullPartially FinishedInterior EntryConcrete Building Area Total 7500 Cooling Central Air Cooling Units 1 Cooling YN Yes Cooling Zones 1 Door Features Insulated DoorsStorm Door(s) Fireplace YN No Fireplaces Total 0 Flooring TileVinylCarpetVariesHardwood Foundation Details Concrete PerimeterIrregular Heat Units 4 Heat Zones 6 Heating BaseboardNatural GasCentral Heating YN Yes Interior Features Living RoomDining RoomKitchenFamily Room Laundry Features Washer Hookup Lead Paint Unknown Rooms Total 28 Window Features Insulated Windows

Property Features

Community Features Public TransportationShoppingMedical FacilityHouse of WorshipT-StationSidewalks Disclosures Two - 2 family buildings on the same lot Electric Circuit Breakers100 Amp Service Gross Income 58200 Home Warranty YN No Insurance Expense 8702 Listing Terms Contract Net Operating Income 41239 Operating Expense 8702 Property Sub Type 4 Family Rent Includes Unit 1(WaterOther (See Remarks)) Senior Community YN No Sewer Public Sewer Tax Annual Amount 17619 Tax Year 2025 Total Actual Rent 4850 Utilities for Gas Rangefor Electric Rangefor Electric OvenWasher HookupVaries per Unit Water Sewer Expense 8259 Water Source Public Year Built Details ApproximateRenovated Since Year Round Yes Zoning RB

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Kevin Fernandes of Century 21 Realty Network: 508-822-0500.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-06-16T21:04:21.79.
 
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Re/Max Vantage
77 State Road
Dartmouth MA, 02747
Listing courtesy of Kevin Fernandes of Century 21 Realty Network.