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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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159 Pearl St , Somerville, MA 02145
$1,974,900
Est. Payment: $4,388.67/mo
15 Bed
7 Bath
7500 Sqft
Status: Back on Market | Days on site: 132
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House Description

OPEN HOUSE SATURDAY, 9/19 | 11:30 AM–1:00 PM RARE EAST SOMERVILLE INVESTMENT OPPORTUNITY! Two separate two-family homes on one lot, offering four total units and tremendous potential. The front home is completely vacant, and the rear home can be delivered vacant at closing, giving the new owner exceptional flexibility. An outstanding opportunity for investors, developers, owner-occupants, or a potential condo conversion, subject to buyer due diligence and all necessary approvals. Two separate driveways provide valuable off-street parking. Located at 159 Pearl Street in highly walkable East Somerville, close to the Green Line, Orange Line, Assembly Row, neighborhood restaurants, shopping, grocery stores, and everything Somerville has to offer, with convenient access to Boston and surrounding areas. A unique opportunity to renovate, reposition, and maximize the potential of four units in one of Greater Boston’s most desirable and sought-after locations.

Highlights

Listed by Kevin Fernandes , 508-965-0360 Century 21 Realty Network , 508-822-0500.

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1900

County

Middlesex

Area

East Somerville

Listing ID

73515418

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:15
  • Bathrooms:7
  • Full Bathrooms:6
  • 1/2 Bathrooms:1
Appliances:Range, Refrigerator, Microwave
Air Cond:Central Air
Fireplaces:
Floor:Tile,Vinyl,Carpet,Varies,Hardwood
Other:
  • Additional:Living Room, Dining Room, Kitchen, Family Room
Water:Public

Exterior Features

Lot:Level
Garage Capacity:8
Zoning:RB
Roof:Shingle,Slate,Rubber
Others:
  • Additional:Rain Gutters
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Tandem,Common,Paved,Parking Spaces: 8

Open House

Upcoming Open Houses
Saturday 11:30 am - 1:00 pm Sep 19
Principal Interest
$4,389
Taxes
$1,650

Home Price

$1,974,900

Loan Details

30 yrs
%

Down Payment

20%
$394,980
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Monthly Price:
$4,388.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,388.67 $1,650.00 $0.00 $6,038.67
Yearly $52,664.00 $19,800.00 $0.00 $72,464.00
Total $1,579,920.00 $594,000.00 $0.00 $2,173,920.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Somerville, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.