148 Pearl, Somerville MA 02145
Somerville, MA 02145 • East Somerville
$1,749,000
$1,599,000
Est. $9,244/month
About this home
East Somerville mixed-use building ready for it's next owner. Can be held as a rental property to generate monthly income or used as a condo conversion project. Whether an investor, business owner or owner occupant, this building has unlimited potential. Comprised of three (3 beds, 1 bath) units and one commercial unit with a large attached garage. Updated systems throughout. Fix and flip or add to an investment portfolio. The property boasts of 6 off-street parking spaces on the backside of the building. Property will be delivered vacant. Ideal Somerville location; close to shopping, highway access, and restaurants. A+ Somerville location, close to highway access, restaurants, shopping, and more. Spacious units on a tree lined street. The property spans 148-150 Pearl St and 18 Flint Ave. The options are plenty with this building. Savvy investors, developers or owner occupants alike will find value with this property.The parking in the back of the building is truly remarkable. Priced to sell!
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
8.6%
Price Range
Property Timeline
Price Reduced
May 29, 2026
$1,599,000
$100,000
(-5.89%)
From $1,699,000 to $1,599,000 (-5.9%)
Price Reduced
Apr 30, 2026
$1,699,000
$50,000
(-2.86%)
From $1,749,000 to $1,699,000 (-2.9%)
Listed for Sale
Mar 26, 2026
$1,749,000
Original listing
Agent: John Silk
Office: Engel & Volkers Boston
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/29/2026 | ↓ Price Reduced | $1,599,000 | $100,000 | - | From $1,699,000 to $1,599,000 (-5.9%) |
| 04/30/2026 | ↓ Price Reduced | $1,699,000 | $50,000 | - | From $1,749,000 to $1,699,000 (-2.9%) |
| 03/26/2026 | 🏠 Listed for Sale | $1,749,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $11,500 | $1,054,100 |
Financial Details
Annual Property Tax
$11,500
Tax Year 2025
Assessed Value
$1,054,100
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1910
Living Area
3,115 sq ft
Lot Size
0.10 acres
Bedrooms
9
Full Baths
4
Total Rooms
18
Investment Metrics
Units
4
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Unit 3 Rent
— · N
Unit 4 Rent
— · N
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile, Hardwood
Appliances
None
Fireplace
None
Basement
Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle, Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Off Street, Paved
Total Spaces
8
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$11,500
Assessed Value
$1,054,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Buyers And Buyer Agents To Perform Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Gray
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
119 days
Property Overview
Property Type
4 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
9
Full Bathrooms
4
Living Area
3,115 sq ft
Total Rooms
18
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,115 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Hardwood
Appliances:
Interior Features:
Windows:
Basement:
Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Roof:
Shingle, Rubber
Foundation:
Concrete Perimeter
Stories:
4
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
8
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Somerville School District local
B-
School Safety
2024-25
2.5%
Average
1.4%
Suspensions
2.2%
In-School
1.1%
Emergency
3.0% below state avg
Elementary Schools
9 schools
C+
East Somerville Community School
< 0.1 mi
|
#245 of 352
|
Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students
Diverse
Grades PK-08
C-
Winter Hill Community School
0.1 mi
|
#287 of 352
|
Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students
Diverse
Diverse Student Body
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
0.7 mi
|
#134 of 352
|
Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
0.9 mi
|
#236 of 352
|
Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
1.0 mi
Grades PK-08
A
John F Kennedy School
1.4 mi
|
#50 of 352
|
Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students
Diverse
Grades PK-08
Capuano Early Childhood Center
0.2 mi
250 students
Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.5 mi
|
#78 of 824
|
Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students
Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
2.1 mi
Grades PK-K
Middle Schools
1 school
Next Wave Junior High School
0.4 mi
16 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
F
Full Circle High School
0.4 mi
|
#344 of 346
|
Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students
Diverse
Rising School
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
B+
Somerville High School
0.4 mi
|
#131 of 346
|
Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students
Diverse
17 sports
• 1,566 athletes
Rising School
Career Tech Programs
Strong Athletics
Diverse Student Body
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
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Property Tax
$958
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
East Somerville
148 Pearl, Somerville MA 02145
Somerville, MA 02145
Listing Information
Listing Agent
John Silk
Listing Office
Engel & Volkers Boston
Office Phone
617-936-4194
Agent MLS ID
CN245082
Office MLS ID
AN2593
Listing Data Updated
Jul 23, 2026 10:31 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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