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148-150-18 Pearl St, Somerville, MA 02145

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For Sale

$1,999,999

9 beds • 4 baths • 3,115 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 1910
    Year built

  • $642.05
    Price per square foot

  • 2 Car Garage
    Garage Count

Explore this Property

OPEN HOUSE CANCELED Prime investment opportunity in the heart of Somerville! Estimate 7-8 % cap rate with market value rentals approx $150,000.00 per year.This mixed-use property on Pearl Street and 18 Flint Ave boasts 3 spacious residential units and 1 commercial unit, offering diverse income streams. Located in an up-and-coming area, it's perfect for investors looking to capitalize on the potential for both fix-and-flip and long-term strategy. Situated on bustling Pearl Street in Somerville, the property is surrounded by new developments, trendy shops, and eateries, enhancing its appeal. Whether you're looking to renovate and sell for a profit or hold for consistent rental income, this property offers flexible investment opportunities. Don't miss out on this rare find in a rapidly developing area. Secure your foothold in Somerville's thriving real estate market today! Group Showing schedule for next week. Group Showing Friday 4:00-5:30 - Saturday 1:00-2:30.
MLS# 73270853

Listed By CENTURY 21 North East

Property Features

  • Area Amenities
    Jogging / Biking Path
  • Basement
    Full
  • Cooling
    A/C
  • Exterior Description
    Wood Frame
  • Flooring
    Hardwood, Tile
  • Garage Count
    2 Car Garage
  • Heating - Fuel Type
    Gas
  • Heating Type
    Other
  • Lot Size
    0.1 Acres
  • Roof
    Wood Shingles / Shakes
  • Style
    Other Style
  • Water
    Municipal Water

Map and Directions

Directions to 148-150-18 Pearl St, Somerville, MA 02145

Home seller Meet the Agent,
Viviane Alvarenga

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Viviane Alvarenga

of CENTURY 21 North East

(978) 930-4273
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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