159 Pearl Street, Somerville, MA 02145
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159 Pearl Street, Somerville, MA 02145
159 Pearl Street, Somerville, MA 02145
159 Pearl Street, Somerville, MA 02145
159 Pearl Street, Somerville, MA 02145
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Sheri Sibley

Sheri Sibley

Engel & Völkers

+1(781) 258-7340
$ 1,999,900
Est. payment /mo
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Open Sat 11AM-12:30PM

159 Pearl Street Somerville, MA 02145

15 Beds

6.5 Baths

7,500 SqFt


Open House

Sat May 16, 11:00am - 12:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $266

MLS Listing ID 73515418

Bedrooms 15

Full Baths 6

Half Baths 1

Year Built 1900

Annual Tax Amount $17,619

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type 4 Family

Property Description

*** OPEN HOUSE, SATURDAY 5/16 - 11:00AM -12:30PM *** 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.

Location

State MA

County Middlesex

Area East Somerville

Zoning RB

Direction Between route 28 and Cross Street

Rooms

Basement Full, Partially Finished, Interior Entry, Concrete

Interior

Interior Features Living Room, Dining Room, Kitchen, Family Room

Heating Baseboard, Natural Gas, Central

Cooling Central Air

Flooring Tile, Vinyl, Carpet, Varies, Hardwood

Appliance Range, Refrigerator, Microwave

Laundry Washer Hookup

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, Medical Facility, House of Worship, T-Station, Sidewalks

Utilities Available for Gas Range, for Electric Range, for Electric Oven, Washer Hookup, Varies per Unit

Roof Type Shingle,Slate,Rubber

Total Parking Spaces 8

Garage No

Building

Lot Description Level

Story 6

Foundation Concrete Perimeter, Irregular

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract


Listed by Century 21 Realty Network
Sheri Sibley

Sheri Sibley

Broker | License ID: 9508374

+1(781) 258-7340

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159 Pearl Street