159 Pearl Street, Somerville MA 02145
Somerville, MA 02145 • East Somerville
$1,999,900
$1,974,900
Est. $11,836/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
19
Sep
Saturday, September 19
11:30 AM - 1:00 PM EDT
About this home
OPEN HOUSE SATURDAY 9/19 11:30 to 1. Rare Somerville opportunity! Two separate two-family homes on one lot, offering four units and exceptional potential. The front home is completely vacant, and the rear home can be delivered vacant at closing, providing added flexibility for the new owner.Ideal 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.Conveniently located in desirable East Somerville, with excellent access to Boston and surrounding areas. A unique opportunity to renovate, reposition, and maximize value in one of Greater Boston’s most sought-after markets.
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
90%
Price Range
Property Timeline
Showing Instructions Updated
Sep 9, 2026
New showing requirements
Price Reduced
Jul 8, 2026
$1,974,900
$17,774,100
(-90%)
From $19,749,000 to $1,974,900 (-90.0%)
Price Increased
Jul 8, 2026
$19,749,000
+$17,749,100
(+887.5%)
From $1,999,900 to $19,749,000 (+887.5%)
Showing Instructions Updated
May 16, 2026
New showing requirements
Listed for Sale
May 8, 2026
$1,974,900
Original listing
Agent: Kevin Fernandes
Office: Century 21 Realty Network
Listed for Sale
May 8, 2026
$1,974,900
Original listing
Agent: Kevin Fernandes
Office: Century 21 Realty Network
Listed for Sale
May 8, 2026
$1,999,900
Original listing
Agent: Kevin Fernandes
Office: Century 21 Realty Network
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/09/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/08/2026 | ↓ Price Reduced | $1,974,900 | $17,774,100 | - | From $19,749,000 to $1,974,900 (-90.0%) |
| 07/08/2026 | ↑ Price Increased | $19,749,000 | +$17,749,100 | - | From $1,999,900 to $19,749,000 (+887.5%) |
| 05/16/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 05/08/2026 | 🏠 Listed for Sale | $1,974,900 | - | - | Original listing |
| 05/08/2026 | 🏠 Listed for Sale | $1,974,900 | - | - | Original listing |
| 05/08/2026 | 🏠 Listed for Sale | $1,999,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $19,800 | $1,614,900 |
Financial Details
Annual Property Tax
$19,800
Tax Year 2025
Assessed Value
$1,614,900
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
Stories
6
Bedrooms
15
Full Baths
6
Half Baths
1
Total Rooms
28
Investment Metrics
Units
4
Unit 1 Rent
$1,600/mo · N
Unit 2 Rent
$1,550/mo · N
Unit 3 Rent
$1,700/mo · N
Unit 4 Rent
— · N
Total Monthly Rent
$4,850/mo
Gross Income
$58,200
Net Operating Income
$41,239
Operating Expenses
$8,702
Water/Sewer Expense
$8,259
Insurance Expense
$8,702
Cap Rate
2.09%
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
$19,800
Assessed Value
$1,614,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Two - 2 Family Buildings On The Same Lot
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
Tan
Sq Ft Source
Public Record
Sq Ft Disclosures
Living area includes approximately 2,000 sqft in finished basements
Documents
None
County
Middlesex
Total market time (incl. prior listings)
102 days
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,500 sq ft above grade
2,000 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
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:
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
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,650
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
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
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
159 Pearl Street, Somerville MA 02145
Somerville, MA 02145
Listing Information
Listing Agent
Kevin Fernandes
Listing Office
Century 21 Realty Network
Office Phone
508-822-0500
Agent MLS ID
CN222268
Office MLS ID
AN8257
Listing Data Updated
Sep 14, 2026 2:49 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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