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.
For sale
$1,999,900
159 Pearl St, Somerville, MA 02145
15beds
7,500sqft
4 Family
Built in 1900
-- sqft lot
$1,919,000 Zestimate®
$267/sqft
$-- HOA
What's special
Ample off-street parking
- 52 days |
- 322 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Kevin Fernandes 508-965-0360,
Century 21 Realty Network 508-822-0500
Source: MLS PIN,MLS#: 73515418
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Baseboard, Natural Gas, Central
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Microwave
- Laundry: Washer Hookup
Features
- Living Room, Dining Room, Kitchen, Family Room
- Flooring: Tile, Vinyl, Carpet, Varies, Hardwood
- Doors: Insulated Doors, Storm Door(s)
- Windows: Insulated Windows
- Basement: Full,Partially Finished,Interior Entry,Concrete
- Has fireplace: No
Interior area
- Total structure area: 7,500
- Total interior livable area: 7,500 sqft
- Finished area above ground: 5,500
- Finished area below ground: 2,000
Property
Parking
- Total spaces: 8
- Parking features: Paved Drive, Off Street, Tandem, Common, Paved
- Uncovered spaces: 8
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters
Lot
- Size: 8,190 Square Feet
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: M:90 B:G L:34,759890
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Concrete Perimeter, Irregular
- Roof: Shingle,Slate,Rubber
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range, for Electric Oven, Washer Hookup, Varies per Unit
Community & HOA
Community
- Features: Public Transportation, Shopping, Medical Facility, House of Worship, T-Station, Sidewalks
Location
- Region: Somerville
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $1,614,900
- Annual tax amount: $17,619
- Date on market: 5/8/2026
- Listing terms: Contract
- Total actual rent: 4850
Estimated market value
$1,919,000
$1.82M - $2.01M
$4,143/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Listed for sale | $1,999,900$267/sqft |
Source: MLS PIN #73515418 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,619 +5% | $1,614,900 +1.2% |
| 2024 | $16,787 +6.6% | $1,595,700 +4.7% |
| 2023 | $15,752 +6% | $1,523,400 +4.4% |
| 2022 | $14,857 +4.2% | $1,459,400 +4.3% |
| 2021 | $14,261 +6.5% | $1,399,500 +5.4% |
| 2020 | $13,391 +10.7% | $1,327,200 +18% |
| 2019 | $12,097 +14% | $1,124,300 +19.9% |
| 2018 | $10,608 +1.5% | $937,900 +4.7% |
| 2017 | $10,452 +10.9% | $895,600 +19% |
| 2016 | $9,428 | $752,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East Somerville
Nearby schools
GreatSchools rating
- 3/10Winter Hill Community SchoolGrades: PK-8Distance: 0.1 mi
- 6/10Somerville High SchoolGrades: 9-12Distance: 0.3 mi
- 4/10East Somerville Community SchoolGrades: PK-8Distance: 0.1 mi
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