BEDS15
BATHS6 full 1 partial
SQUARE FEET7,500
MLS#73515418
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Partially Finished, Interior Entry, Concrete
Basement: Yes
Cooling: Central Air
Heating: Baseboard, Natural Gas, Central
Lot Size: 0.19 Acres
Roof Type: Shingle, Slate, Rubber
Stories: 6.0
Taxes: $17,619
Year Built: 1900
Amenities
Living Room
Dining Room
Kitchen
Family Room
Rain Gutters
Feature Descriptions
Appliances: Range, Refrigerator, Microwave
Building Area Total: 7500
Community Features: Public Transportation, Shopping, Medical Facility, House of Worship, T-Station, Sidewalks
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 29
Door Features: Insulated Doors, Storm Door(s)
Dwelling Type: 4 Family
Electric: Circuit Breakers,100 Amp Service
Exterior: Frame
Flooring: Tile, Vinyl, Carpet, Varies, Hardwood
HeatingY/N: 1
Laundry: Washer Hookup
Lot Features: Level
Open Parking Y/N: Yes
Other Structures: Shed(s)
Parcel Number: M:90 B:G L:34,759890
Parking Features: Paved Drive, Off Street, Tandem, Common, Paved
Parking Total: 8
Patio And Porch: Porch
Rent Includes: Unit 1(Water, Other (See Remarks))
Road Responsibility: Public Maintained Road
Rooms Total: 28
Sewer: Public Sewer
Units: 4
Utilities: for Gas Range, for Electric Range, for Electric Oven, Washer Hookup, Varies per Unit
Water: Public
Window Features: Insulated Windows
Listed By / Shown By
Listed By
Agency Name: Century 21 Realty Network
Agent Name: Kevin Fernandes
Agency Phone: 508-822-0500
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
TOUR THIS HOME
Choose a date and time to see 159 Pearl Street, Somerville, MA 02145.
An agent will get in touch to confirm your request shortly.
Estimate Your Payment
Estimated Payment
$ 6,502.46 per month $4,450.91 Principal & Interest $1,468.25 Property Tax $583.30 Homeowner's Insurance
159 Pearl Street | MLS# 73515418
This multi-family property located at 159 Pearl Street, Somerville, MA 02145 is currently listed for sale with an asking price of $1,999,900. Search Somerville real estate on www.masiellogrouprealestate.com today.