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159 Pearl Street, Somerville MA 02145

Somerville, MA 02145 • East Somerville
$1,999,900
Est. $11,781/month
15
Beds
6.5
Baths
7,500
Sq Ft
$267
Price/Sq Ft
0.19
Acres
1900
Year Built
11 hours 20 minutes
Time on Market
Active Listed May 8, 2026 • MLS# 73515418 Copied!

About this home

*** OPEN HOUSE, SATURDAY 5/16 - 11:00AM -12:30PM *** 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.

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Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
15
Full Bathrooms
6
Half Bathrooms
1
Living Area
7,500 sq ft
Total Rooms
28
Stories
6
Levels
6

Facts & Features

Central AC

Home Facts

Type Residential Income
Style 4 Family
Year Built 1900
Living Area 7,500 sq ft
Lot Size 0.19 acres
Bedrooms 15
Full Baths 6
Half Baths 1
Total Rooms 28

Interior

Heating Baseboard, Natural Gas, Central
Cooling Central Air
Flooring Tile, Vinyl, Carpet, Varies, Hardwood
Appliances Range, Refrigerator, Microwave
Fireplace None
Basement Full, Partially Finished, Interior Entry, Concrete
Laundry Washer Hookup
Features Living Room, Dining Room, Kitchen, Family Room

Exterior

Construction Frame
Architecture None
Roof Shingle, Slate, Rubber
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Paved Drive, Off Street, Tandem, Common, Paved
Total Spaces 8

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Electric Oven, Washer Hookup, Varies Per Unit

Financial

Annual Tax $17,619
Assessed Value $1,614,900

Interior Features

Flooring: Tile, Vinyl, Carpet, Varies, Hardwood
Appliances: Range, Refrigerator, Microwave
Interior Features: Living Room, Dining Room, Kitchen, Family Room
Windows: Insulated Windows
Basement: Full, Partially Finished, Interior Entry, Concrete
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Slate, Rubber
Foundation: Concrete Perimeter, Irregular
Stories: 6

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Central
Heating Zones: 6
Cooling: Central Air
Cooling Zones: 1
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch
Fencing:
Other Structures: Shed(s)
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street, Tandem, Common, Paved

Location

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Neighborhood

East Somerville

159 Pearl Street, Somerville MA 02145

Somerville, MA 02145

Walkability

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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
E

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
0.8 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
0.3 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
2.0 mi
Grades PK-K
M

Middle Schools

1 school
Next Wave Junior High School
0.3 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
0.3 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
0.3 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

Principal & Interest $0
Property Tax $1,468
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
May 8, 2026
$1,999,900
Original listing
Agent: Kevin Fernandes Office: Century 21 Realty Network

Price & Status History

Date Event Price Change
May 8, 2026 New Listing Added $1,999,900

Market Statistics

Time on Market
11 hours 20 minutes
Price per Sq Ft
$267

Tax History

Year Taxes Assessment
2025 $17,619 $1,614,900

Financial Details

Annual Property Tax
$17,619
Tax Year 2025
Assessed Value
$1,614,900

Listing Information

Listing Agent Kevin Fernandes
Listing Office Century 21 Realty Network
Agent MLS ID CN222268
Office MLS ID AN8257
Listing Data Updated May 8, 2026 2:38 PM 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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Market Analytics for Somerville, MA

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