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159 Pearl Street — Photo 11 / 30

$1,999,900

Active

159 Pearl Street

Somerville, MA 02145

7,500Sq Ft
$267$/Sq Ft
8,190 sqftLot
1900Built
16Days on Market

Listed by Kevin Fernandes at Century 21 Realty Network

Listing courtesy of Kevin Fernandes, Century 21 Realty Network

About This Property

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.

Property Details

Key Facts

Property Type

Multi Family

Year Built

1900

Living Area

7,500 sqft

Lot Size

8,190 sqft

Construction

Basement

Full Basement

Parking Spaces

8

Financial

Taxes (2025)

$17,619/yr

Price / Sqft

$267/sqft

MLS #

73515418

Days on Market

16

Price History

Listed

May 8, 2026

$1,999,900

No price changes recorded.

Explore the Neighborhood

Schools Nearby

Somerville Public Schools

11 schools · 11:1 student-teacher ratio

A-6/10

Elementary Schools

John F. Kennedy School (PK-8)6/10
Dr. Albert F. Argenziano School at Lincoln Park (PK-8)5/10
Arthur D. Healey School (PK-8)5/10

High Schools

Somerville High School (9-12)6/10
14 Career and Technical Education (CTE) programs at SHSCTE pathways: Advanced Manufacturing, Automotive, Cosmetology, Culinary, Dental, Electrical, HVAC, Plumbing, and moreCollege articulation agreements for CTE studentsBrand-new state-of-the-art high school facility

Ratings from GreatSchools & Niche

Full school details →
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Listing Courtesy Of

Kevin Fernandes · Century 21 Realty Network
(508) 822-0500

MLS #73515418

Listing information provided by MLS Property Information Network, Inc. (MLS PIN). Data last updated May 24, 2026. Information deemed reliable but not guaranteed. © 2026 Steinmetz Real Estate Professionals at William Raveis Real Estate. Equal Housing Opportunity.

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