Rarely does a three-family in this condition come to market in Somerville. 45-47 Pearson Avenue is a meticulously kept 3,357 sq ft building with three well-proportioned units — a 3BR, 1BR, and 2BR — each with a private rear deck and in-unit washer/dryer hookups. The building also includes off-street parking and has been genuinely well cared for throughout. Located steps from both Davis Square and the Green Line extension, tenants have two major transit lines at their doorstep. Whether you're an investor looking for a turnkey asset in a strong rental market or an owner-occupant ready to put down roots in one of Boston's most sought-after neighborhoods, this one checks the boxes. Showings by appointment only.
This home has been viewed 12 times
Last Checked: June 20th, 2026 at 4:33am (Source: MLS PIN #73536363)
Gross Income: $94,200
Gross Expenses: $15,458
Net Income Calc: $78,742
Annual Expenses for 45-47 Pearson Avenue, Somerville MA 02144
Total Gross Expenses (Calculated)$15,458/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15458
Annual Income & Unit Breakdown for 45-47 Pearson Avenue, Somerville MA 02144
Total Gross Income (Calculated)$94,200
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit0
Rent IncludesHeat
General Information for 45-47 Pearson Avenue, Somerville MA 02144
Listing ID73536363
Property TypeMulti Family / 3 Family
Price1649900 ($491.48/SqFt)
Style3 Family
CitySomerville
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3357
Approximate Lot Size (Acres)0.08
Total Parking3
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningNR
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 45-47 Pearson Avenue, Somerville MA 02144
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTree House
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 45-47 Pearson Avenue, Somerville MA 02144
Real Estate Taxes15458
Tax Year2026
Assessed Value$1,407,800
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 45-47 Pearson Avenue, Somerville MA 02144
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 45-47 Pearson Avenue, Somerville MA 02144