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159 Pearl Street, Somerville MA 02145

$1,974,900

Estimated $4,852/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $493,725

Total Rent: 58200/year

Estimated CAP Rate:

15 Bedrooms

Baths

7500

Total Parking: 8

8,190 (0.19)

RARE EAST SOMERVILLE INVESTMENT OPPORTUNITY! Two separate two-family homes on one lot, offering four total units and tremendous potential. The front home is completely vacant, and the rear home can be delivered vacant at closing, giving the new owner exceptional flexibility. An outstanding opportunity for investors, developers, owner-occupants, or a potential condo conversion, subject to buyer due diligence and all necessary approvals. Two separate driveways provide valuable off-street parking. Located at 159 Pearl Street in highly walkable East Somerville, close to the Green Line, Orange Line, Assembly Row, neighborhood restaurants, shopping, grocery stores, and everything Somerville has to offer, with convenient access to Boston and surrounding areas. A unique opportunity to renovate, reposition, and maximize the potential of four units in one of Greater Boston’s most desirable and sought-after locations.

This home has been viewed 2 times

Last Checked: September 26th, 2026 at 6:58am (Source: MLS PIN #73515418)

Gross Income: $58,200

Gross Expenses: $36,761

Net Income Calc: $21,439

Water Views

Annual Expenses for 159 Pearl Street, Somerville MA 02145

Total Gross Expenses (Calculated)$36,761/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax19800

Annual Income & Unit Breakdown for 159 Pearl Street, Somerville MA 02145

Total Gross Income (Calculated)$58,200

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 159 Pearl Street, Somerville MA 02145

Listing ID73515418

Property TypeMulti Family / 4 Family

Price1974900 ($263.32/SqFt)

Style4 Family

CitySomerville

CountyMiddlesex

MLS AreaEast Somerville

Neighborhood(s)

Approximate Living Area Total7500

Approximate Lot Size (Acres)0.19

Total Parking8

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 159 Pearl Street, Somerville MA 02145

Lead PaintNone

UFFINo

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

Financial Data SourceEstimated

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 159 Pearl Street, Somerville MA 02145

Real Estate Taxes19800

Tax Year2025

Assessed Value$1,614,900

Financial Data SourceEstimated

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 159 Pearl Street, Somerville MA 02145

Neighborhood(s)

MLS AreaEast Somerville

Area AmenitiesWalk/jog Trails

Contact Information for 159 Pearl Street, Somerville MA 02145

Agent

Name: Kevin Fernandes

Office

Name: Century 21 Realty Network

Phone: 508-822-0500

Payment Calculator

, Interest

Property Taxes 1650

Principal & Interest 12168.71

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Realty Network

Kevin Fernandes

Agent Phone

Office Phone

(508) 822-0500

Text Agent Call Agent Call Office

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    [unparsed] => 159 Pearl Street, Somerville MA 02145
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EXIT

39 More Photos

Active

159 Pearl Street, Somerville MA 02145

$1,974,900

Annual Expenses for 159 Pearl Street, Somerville MA 02145

Annual Income & Unit Breakdown for 159 Pearl Street, Somerville MA 02145

General Information for 159 Pearl Street, Somerville MA 02145

Disclosures for 159 Pearl Street, Somerville MA 02145

Financial Information for 159 Pearl Street, Somerville MA 02145

Location Information for 159 Pearl Street, Somerville MA 02145

Contact Information for 159 Pearl Street, Somerville MA 02145

Agent

Office

Payment Calculator

Exclusive Listing Agent

Century 21 Realty Network

Kevin Fernandes