Off Market
148-150-18 Pearl St, Somerville, MA
Somerville · MA 02145
- $1,897,700
- Price
- 9
- Beds
- 4
- Baths
- 3115
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
4 Units
Lot size:
4,550 Sq.Ft Lot
Price per square foot:
$609 / Sq.Ft
Parking:
2 Garage Spaces · 6 Off Street Spaces
About this home
A very unique investment opportunity in the heart of Somerville! 4 units Entrance trough Pearl and Flint St /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! DELIVER VACANT
Neighborhood & Transit
148-150-18 Pearl St, Somerville · MA 02145
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Gilman Square Green 0.39 mi
-
East Somerville Green 0.42 mi
Price Insight
- Days on Market:
- 828 days
- Listing Price:
- $1,897,700
- Price per Sq.Ft:
- $609
- Tax Assessment:
- $1,026,900 in 2024
- Taxes:
- $900 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 3,115 Sq.Ft
- Broker Disclosure about Living Area
- Sq Ft is always considered approximate.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3115
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 4,550 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 2 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Viviane Alvarenga
- Listing office
- Century 21 North East
- MLS PIN #
- 73270853
- Disclosure
- Buyer and Buyer agent to perform their own due diligence.All information provided could be subject to errors.Seller reserve right to accept an offer at anytime. Call for more information on rentals.Per occupancy certificate and smoke certificate Builduing is 4 units.
- Disclosure
- Sq Ft is always considered approximate.
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