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.
- Heating System:
- Central, Baseboard, Natural Gas
- Cooling System:
- Central Air
- Basement:
- Full, Partially Finished, Interior Entry, Concrete
- Parking:
- Tandem, Common, Off Street, Paved, Paved Drive
- Appliances:
- Range, Microwave, Refrigerator
- Construction:
- Frame
- Exterior Unit Features:
- Rain Gutters
- Flooring:
- Tile, Vinyl, Hardwood, Carpet, Varies
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- The unfinished attic not included in the rental space.
- Electric Feature:
- Circuit Breakers, 100 Amp Service
- Garage Parking
- Interior Features:
- Kitchen, Dining Room, Family Room, Living Room
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup
- Rent Fee Includes:
- Unit 1(Water, Other (See Remarks))
- Area:
- East Somerville
- Market Time:
- 8
- Parking Spaces:
- 8
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $267
- Zoning:
- RB
- No Units:
- 4
- Orig Price:
- $1,999,900
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Somerville
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02145
- Longitude:
- W72° 54' 38.7''
- Latitude:
- N42° 23' 11.7''
Residential Income
159 Pearl Street, Somerville, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,999,900
- Bedrooms :
- 15
- Rooms :
- 28
- Total Bathrooms :
- 6.5
- Full Bathrooms :
- 6
- Half Bathrooms :
- 1
- Square Footage :
- 7,500 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.19 Acre
- Listing ID :
- 73515418
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com