East Somerville mixed-use building ready for it's next owner. Can be held as a rental property to generate monthly income or used as a condo conversion project. Whether an investor, business owner or owner occupant, this building has unlimited potential. Comprised of three (3 beds, 1 bath) units and one commercial unit with a large attached garage. Updated systems throughout. Fix and flip or add to an investment portfolio. The property boasts of 6 off-street parking spaces on the backside of the building. Property will be delivered vacant. Ideal Somerville location; close to shopping, highway access, and restaurants. A+ Somerville location, close to highway access, restaurants, shopping, and more. Spacious units on a tree lined street. The property spans 148-150 Pearl St and 18 Flint Ave. The options are plenty with this building. Savvy investors, developers or owner occupants alike will find value with this property. Priced to sell!
This home has been viewed 6 times
Last Checked: June 23rd, 2026 at 4:53am (Source: MLS PIN #73492514)
Gross Income: $0
Gross Expenses: $11,500
Net Income Calc: $11,500
Annual Expenses for 148 Pearl, Somerville MA 02145
Total Gross Expenses (Calculated)$11,500/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11500
Annual Income & Unit Breakdown for 148 Pearl, Somerville MA 02145
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 148 Pearl, Somerville MA 02145
Listing ID73492514
Property TypeMulti Family / 4 Family
Price1599000 ($513.32/SqFt)
Style4 Family
CitySomerville
CountyMiddlesex
MLS AreaEast Somerville
Neighborhood(s)
Approximate Living Area Total3115
Approximate Lot Size (Acres)0.1
Total Parking10 (2 Garage)
Garage Parking2
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRB
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 148 Pearl, Somerville MA 02145
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Exclusions
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 148 Pearl, Somerville MA 02145
Real Estate Taxes11500
Tax Year2025
Assessed Value$1,054,100
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 148 Pearl, Somerville MA 02145
Neighborhood(s)
MLS AreaEast Somerville
Area Amenities
Contact Information for 148 Pearl, Somerville MA 02145