Fraud Blocker

159 Pearl Street, Somerville, MA 02145

$1,974,900
15
BD
7
BA
7,500
SqFt

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List Price
$1,974,900
Price Change
▼ $25,000 1783545094
Status
ACTIVE
MLS#
73515418
Bedrooms
15
Bathrooms
7
Full Baths
6
Half Baths
1
Living Area
7,500
Lot Size (Acres)
0.19
Year Built
1900

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.

Additional Information

Area
East Somerville
Taxes
$17,619
Parking Description
Paved Drive, Off Street, Tandem, Common, Paved
Lot Description
Level
Water
Public
Sewer
Public Sewer
Heating
Baseboard, Natural Gas, Central
Cooling
Central Air
Appliances
Range, Refrigerator, Microwave
Community Features
Public Transportation, Shopping, Medical Facility, House of Worship, T-Station, Sidewalks
Basement Features
Full, Partially Finished, Interior Entry, Concrete
Electric Features
Circuit Breakers, 100 Amp Service
Exterior Features
Rain Gutters
Flooring
Tile, Vinyl, Carpet, Varies, Hardwood
Interior Features
Living Room, Dining Room, Kitchen, Family Room
Roof Material
Shingle, Slate, Rubber
Sewer
Public Sewer

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kevin Fernandes from Listing Office: Century 21 Realty Network.

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, landlords 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, leasing or renting 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, leasing or renting. 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.