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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.

More Info

Basic Information

  • Gross Income $58,200
  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number M:90 B:G L:34,759890
  • Rent Includes Unit 1(Water, Other (See Remarks))

Tax Information

  • Tax Assessed Value $1,614,900
  • Tax Year 2025
  • Taxes$17,619

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Tandem, Common, Paved
  • Parking Spaces8

Rooms

  • Bathroom7
  • Bathrooms Total Decimal 6.5
  • Bedrooms15
  • Full Bath6
  • Half Baths1

Basic Information

  • List Price$1,999,900
  • MLS Number73515418
  • Modification Date05/27/2026
  • Property SubType4 Family

Location

  • Address159 Pearl Street
  • Building Number159
  • CountyMiddlesex
  • NeighborhoodEast Somerville
  • StateMA
  • StreetPearl Street
  • SubdivisionEast Somerville
  • TownSomerville
  • Zip02145

Building

  • BasementFull, Partially Finished, Interior Entry, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors, Storm Door(s)
  • FoundationConcrete Perimeter, Irregular
  • Levels 6
  • Patio And Porch Features Porch
  • Rooms28
  • Stories6
  • Units4
  • Utilities For Gas Range, For Electric Range, For Electric Oven, Washer Hookup, Varies Per Unit
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Approximate, Renovated Since
  • Year Built Source Public Records

Property

  • Acreage0.19
  • Other Structures Shed(s)

Interior

  • Flooring Tile, Vinyl, Carpet, Varies, Hardwood
  • Interior Features Living Room, Dining Room, Kitchen, Family Room

Exterior

  • Exterior Features Rain Gutters
  • RoofShingle, Slate, Rubber

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric Circuit Breakers,100 Amp Service
  • Heat SystemYes
  • Heating Baseboard, Natural Gas, Central
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 7,500
  • Lot Size Square Feet 8,190
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet7,500

Amenities

  • Amenities
    • House of Worship
    • Medical Facility
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
  • Appliances IncludedRange, Refrigerator, Microwave
  • Other AmenitiesBasement

Legal

  • ZoningRB

Other

  • Date Listed05/08/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Kevin Fernandes of Century 21 Realty Network

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