159 Pearl Street, Somerville, MA 02145

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

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Listing Courtesy of : Kevin Fernandes ---- Century 21 Realty Network

List Price
$1,974,900
Status
ACTIVE
MLS#
73515418
Property Type
4 Family
Bedrooms
15
Bathrooms
7
Living Area
7,500
Lot Size
8,190
Acres
0.19
Region
East Somerville
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

Taxes
$17,619
Listing Agent
Kevin Fernandes
Listing Office
Century 21 Realty Network
Exterior Features
Rain Gutters
Interior Features
Living Room, Dining Room, Kitchen, Family Room
Exterior
Frame
Foundation
Concrete Perimeter, Irregular
Sewer
Public Sewer
Units
4
Zoning
RB
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

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