111-113 Pearson Rd, Somerville, MA, 02144 | $2,195,000

Perfect for Owner/Occupant or Investor - This beautiful, circa 1910, 2-family was totally renovated to the studs in 2022 with top of the line finishes & building materials. New windows, roof, spray-foam insulation, HVAC, electrical, plumbing, Thermador appliances, Navien tankless water heaters, Hardi Plank siding, and so much more! Each unit features 2 bedrooms w/spacious closets, 2 full baths with Porcelanosa tile & Grohe fixtures, chef's kitchen with Thermador appliances & Moen fixtures with exterior venting hoods, laundry closets with washer/dryers included, & large storage closets. The larger upper unit additionally has a study, 1st floor mudroom, back sunroom, and front balcony. The property has 3 off-street parking spaces that is currently leased to the upper floor tenants. The unfinished basement & the back storage garage is equally divided and locked for each unit. The back yard is fenced in for privacy. Close to Tufts University and 2 blocks from the Green line Metro. Mint

Features

  • Amenities: Public Transportation, T-Station, University, Sidewalks
  • Rooms: 12
  • Bedrooms: 4
  • Baths: 4 full
  • Units: 2
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Year Built: 2022
  • Basement: Full, Interior Entry, Unfinished
  • Approx Sq. Feet: 2,558
  • Acreage: 0.08
  • Est. Taxes: $15,647
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood, Plumbed For Ice Maker
  • MLS#: 73482960
  • Website: https://www.raveis.com
    /prop/73482960/111113pearsonrd_somerville_ma?source=qrflyer
The property listing data and information 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 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 set forth herein.
Listing by Susan Kenney courtesy of Century 21 Custom Home Realty   Phone: 508-473-4777

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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

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111-113 Pearson Rd, Somerville, MA, 02144

$2,195,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,756,000 $1,756,000 $1,756,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.214% 6.361% 6.203%
Monthly Tax Payment $1,304 $1,304 $1,304
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,109 $10,812 $14,818
Total Monthly Payment $11,538 $12,241 $16,247

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.