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Canceled

88 Pearl St, Somerville MA 02145

$1,699,999

Estimated $3,726.29/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $566,666.33

Total Rent: 32400/year

Estimated CAP Rate: 1.22%

6 Bedrooms

3 Full, 1 Half Baths

2,416 SqFt

Total Parking: 3

3,400 SqFt

Now offered at an improved price! Beautifully maintained and thoughtfully updated 3-family home in the vibrant heart of East Somerville. Unbeatable location! just minutes from I-93 for a quick commute into Boston, and close to Assembly Row, shopping centers, the new Union Square Green Line T Station, and Sullivan Square on the Orange Line. This turn-key property features comprehensive updates throughout, including modern plumbing and electrical, stainless steel appliances, efficient tankless heating systems in each unit, and newer windows. Additional highlights include individual circuit breakers, bamboo flooring, ceramic tile, coin-operated laundry, granite kitchen countertops, newer modern windows, and off-street tandem parking for 3+ vehicles. Whether you're expanding your portfolio or seeking a high-quality, low-maintenance asset, this property delivers. Perfect for owner-occupants—live in one unit and rent the others.

This home has been viewed 106 times

Last Checked: August 6th, 2025 at 4:28am (Source: MLS PIN #73360952)

Gross Income: $32,400

Gross Expenses: $11,637

Net Income Calc: $20,763

CAP Rate: 1.22%

Annual Expenses for 88 Pearl St, Somerville MA 02145

Total Gross Expenses (Calculated)$11,637/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$11,637

Annual Income & Unit Breakdown for 88 Pearl St, Somerville MA 02145

Total Gross Income (Calculated)$32,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesNone), Unit 1(water, Unit 2(water, Unit 3(none)

Unit 2

Rental Income$2,700

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesNone), Unit 1(water, Unit 2(water, Unit 3(none)

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesNone), Unit 1(water, Unit 2(water, Unit 3(none)

General Information for 88 Pearl St, Somerville MA 02145

Listing ID73360952

Property TypeMulti Family / 3 Family

Price$1,699,999 ($703.64/SqFt)

Style3 Family - 3 Units Up/down

CitySomerville

CountyMiddlesex

MLS AreaEast Somerville

Neighborhood(s)

Approximate Living Area Total2,416 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking3

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceDeck - Roof, Deck - Wood

ZoningRB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 88 Pearl St, Somerville MA 02145

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$64,800

Total Net Income By Broker$64,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 88 Pearl St, Somerville MA 02145

Real Estate Taxes$11,637

Tax Year2025

Assessed Value$1,066,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$64,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$64,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.22%

Location Information for 88 Pearl St, Somerville MA 02145

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Somerville

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Laundromat, Bike Path, Public Transportation, T-station, University

Contact Information for 88 Pearl St, Somerville MA 02145

Agent

Name: Christopher Jean

Office

Name: Jacques Realty Group Co.

Phone: 617-329-1778

Payment Calculator

, Interest

Property Taxes 969.75

Principal & Interest 10474.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Jacques Realty Group Co.

Christopher Jean

Agent Phone

Office Phone

(617) 329-1778

Text Agent Call Agent Call Office

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EXIT

Canceled

88 Pearl St, Somerville MA 02145

$1,699,999

Annual Expenses for 88 Pearl St, Somerville MA 02145

Annual Income & Unit Breakdown for 88 Pearl St, Somerville MA 02145

General Information for 88 Pearl St, Somerville MA 02145

Disclosures for 88 Pearl St, Somerville MA 02145

Financial Information for 88 Pearl St, Somerville MA 02145

Location Information for 88 Pearl St, Somerville MA 02145

Contact Information for 88 Pearl St, Somerville MA 02145

Agent

Office

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Exclusive Listing Agent

Jacques Realty Group Co.

Christopher Jean