159 Pearl Street
$1,999,900
15
Beds
6/1
Baths
7,500
Sqft
- Request Info
- Call
- Save
-
More
- Mortgage Calculator
Property Tools
$1,999,900
15
Beds
6/1
Baths
7,500
Living Area
-
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.
-
Highlights
- Area: East Somerville
- Heating: Baseboard, Natural Gas, Central
- Parking Spots: 8
- Property Type: 4 Family
- Total Rooms: 28
- Status: Active
- Cooling: Central Air
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1900
-
Additional Details
- Appliances: Range, Refrigerator, Microwave
- Construction: Frame
- Flooring: Tile, Vinyl, Carpet, Varies, Hardwood
- Interior Features: Living Room, Dining Room, Kitchen, Family Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate, Renovated Since
- Zoning: Rb
- Basement: Full, Partially Finished, Interior Entry, Concrete
- Exterior Features: Rain Gutters
- Foundation: Concrete Perimeter, Irregular
- Lot Features: Level
- Roof: Shingle, Slate, Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
-
Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, House of Worship, T-Station, Sidewalks
- Parking Features: Paved Drive, Off Street, Tandem, Common, Paved
-
Utilities
- Electric: Circuit Breakers, 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $1,614,900
- Tax Year: 2025
- Total Rent: $4,850
- Rental Fee Includes: Unit 1(Water, Other (See Remarks))
- Taxes: $17,619
Similar Listings
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Century 21 Realty Network.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.