192 Pearl, Somerville MA 02145

Somerville, MA 02145
$1,070,000
Est. $5,695/month
3
Beds
3
Baths
2,602
Sq Ft
$411
Price/Sq Ft
0.07
Acres
1900
Year Built
2 Family - 2 Units Up/Down
Type
9
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73245068

About this home

Stunning, multifamily development opportunity! Discover a rare gem in the heart of Somerville! This charming two-family residence offers a unique blend of historic elegance and modern convenience, perfect for investors or multi-generational families. Unit 1 features 2 sizable bedrooms, 1 bathroom, high ceilings, and abundant natural light. Enjoy an updated kitchen with sleek countertops, a renovated bathroom and seamless floors throughout. Once renovated, unit 2 will generate substantial rental income as it's a potential 4 bedroom +. Take advantage of off-street parking and ample basement storage. Located minutes from Davis Square, Assembly Row, and the new Green Line extension, you'll have easy access to public transportation, top-rated restaurants, shopping, parks, and schools. With significant rental income potential and a prime location, this is a sound investment and a charming place to consider home. Schedule your private showing today and envision the possibilities!

Sale Statistics

Sale Overview
Original List Price: $1,100,000
Final Sale Price: $1,070,000
Difference: $30,000 (-2.7%)
Performance Metrics
97.3%
List to Sale Ratio
Sold below asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $423
Sale $/sq ft: $411
This property sold for $411 per square foot
Sale Summary

This property sold for 2.7% below the original asking price.

With only 9 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
3
Full Bathrooms
3
Living Area
2,602 sq ft
Total Rooms
9
Stories
3
Levels
3

Interior Features

Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Basement Details
Full, Concrete

Exterior & Structure

Foundation
Concrete Perimeter
Patio/Porch Features
Porch, Deck
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.07 acres
Lot Size
2,925 sq ft
Lot Size Area
0.0700
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street, Tandem, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
220 Volts

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,412
Tax Year
2024
Tax Assessed Value
$894,700
Parcel Number
758863
Zoning
RB

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Seller has the right to accept an offer prior to open house. Offers due Tuesday 6/4/24 by 5PM for consideration.

Location

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Neighborhood

192 Pearl, Somerville MA 02145

Somerville, MA 02145

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $784
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.7%
Price Range
10
Total Days on Market

Property Timeline

Sold
Jun 27, 2024
$1,070,000
Property sold
Days on Market: 10
🏠
Listed for Sale
May 30, 2024
$1,100,000
Original listing

Price & Status History

Date Event Price Change
May 30, 2024 New Listing Added $1,100,000

Market Statistics

Days on Market
9 days
Price per Sq Ft
$411

Tax History

Year Taxes Assessment
2024 $9,412 $894,700

Financial Details

Annual Property Tax
$9,412
Tax Year 2024
Assessed Value
$894,700

Listing Information

Listing Agent Gina Nascimento
Listing Office Advantage Realty
Agent MLS ID CN225347
Office MLS ID BB3204

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