159 Pearl Street, Somerville, (East Somerville), MA, 02145
28 rooms
15 beds
6 Full / 1 Half baths
1900
7,500 sqft
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.
Status:
Active
Town:
Somerville
Type:
Multi-family
Laundry Remarks:
Washer Hookup
Units:
4
Zoning:
RB
Heating:
Baseboard, Natural Gas, Central
Cooling:
Central Air
Basement:
Full, Partially Finished, Interior Entry, Concrete
Levels:
6
Parking:
8-car, Paved Drive, Off Street, Tandem, Common, Paved
Acreage:
0.19
Est. Taxes:
$17,619
Assessment
$1,614,900
Construction
Frame
Utilities
for Gas Range, for Electric Range, for Electric Oven, Washer Hookup, Varies per Unit
Lot Description:
Level
Amenities:
Public Transportation, Shopping, Medical Facility, House of Worship, T-Station, Sidewalks
Appliances:
Range, Refrigerator, Microwave
MLS #:
73515418
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Kevin Fernandes, Century 21 Realty Network 508-822-0500