159 Pearl St Somerville, MA 02145
East Somerville NeighborhoodEstimated payment $12,312/month
Highlights
- Medical Services
- 0.19 Acre Lot
- Wood Flooring
- Somerville High School Rated A-
- Property is near public transit
- 3-minute walk to Deanna Cremin Playground
About This Home
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 Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,619
Year Built
- Built in 1900
Lot Details
- 8,190 Sq Ft Lot
- Level Lot
- Irregular Lot
Home Design
- Frame Construction
- Shingle Roof
- Slate Roof
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- Insulated Windows
- Insulated Doors
- Family Room
- Living Room
- Dining Room
- Storm Doors
- Washer Hookup
Kitchen
- Range
- Microwave
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 15 Bedrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 8 Car Parking Spaces
- Common or Shared Parking
- Tandem Parking
- Driveway
- Paved Parking
- 8 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Shed
- Rain Gutters
- Porch
Location
- Property is near public transit
Utilities
- Central Heating and Cooling System
- 1 Cooling Zone
- 6 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- 100 Amp Service
Listing and Financial Details
- Rent includes unit 1(water other (see remarks))
- Assessor Parcel Number M:90 B:G L:34,759890
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Building Details
- Insurance Expense $8,702
- Water Sewer Expense $8,259
- Operating Expense $8,702
- Net Operating Income $41,239
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,619 | $1,614,900 | $536,400 | $1,078,500 |
| 2024 | $16,787 | $1,595,700 | $536,400 | $1,059,300 |
| 2023 | $15,752 | $1,523,400 | $536,400 | $987,000 |
| 2022 | $14,857 | $1,459,400 | $510,800 | $948,600 |
| 2021 | $14,261 | $1,399,500 | $503,900 | $895,600 |
| 2020 | $13,391 | $1,327,200 | $484,500 | $842,700 |
| 2019 | $12,097 | $1,124,300 | $402,000 | $722,300 |
| 2018 | $10,608 | $937,900 | $321,400 | $616,500 |
| 2017 | $10,452 | $895,600 | $303,200 | $592,400 |
| 2016 | $9,428 | $752,400 | $212,900 | $539,500 |
| 2015 | $8,302 | $658,400 | $211,800 | $446,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $1,999,900 | -- | $267 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73515418
APN: SOME-000090-G000000-000034
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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Ask me questions while you tour the home.