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.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
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 AM–1:00 PM RARE EAST SOMERVILLE INVESTMENT OPPORTUNITY! Two separate two-family homes on one lot, offering four total units and tremendous potential. The front home is completely vacant, and the rear home can be delivered vacant at closing, giving the new owner exceptional flexibility. An outstanding opportunity 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. Located at 159 Pearl Street in highly walkable East Somerville, close to the Green Line, Orange Line, Assembly Row, neighborhood restaurants, shopping, grocery stores, and everything Somerville has to offer, with convenient access to Boston and surrounding areas. A unique opportunity to renovate, reposition, and maximize the potential of four units in one of Greater Boston’s most desirable and sought-after locations.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
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)
104 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 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
|
#244 of 352
|
Score: 36.9
Improved 7 spots from last year
-21.3 below state avg
743 students
Diverse
Grades PK-08
C-
Winter Hill Community School
0.1 mi
|
#291 of 352
|
Score: 32.3
Dropped 19 spots from last year
-25.9 below state avg
361 students
Diverse
Diverse Student Body
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
0.7 mi
|
#137 of 352
|
Score: 45.4
Improved 37 spots from last year
-12.8 below state avg
548 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
0.8 mi
|
#237 of 352
|
Score: 37.4
Improved 26 spots from last year
-20.8 below state avg
461 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
|
#49 of 352
|
Score: 57.2
Improved 6 spots from last year
-1 below state avg
474 students
Diverse
Grades PK-08
Capuano Early Childhood Center
0.3 mi
240 students
Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.5 mi
|
#82 of 825
|
Score: 60.2
Dropped 65 spots from last year
+2 above state avg
230 students
Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
2.0 mi
Grades PK-K
Middle Schools
1 school
Next Wave Junior High School
0.3 mi
11 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
F
Full Circle High School
0.3 mi
|
#334 of 346
|
Score: 23.6
Improved 32 spots from last year
-34.6 below state avg
60 students
Diverse
Rising School
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
B+
Somerville High School
0.3 mi
|
#125 of 346
|
Score: 58.3
Improved 117 spots from last year
+0.1 above state avg
1,367 students
Diverse
17 sports
• 1,566 athletes
Strong AP Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
Learn about these ratings
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
Loading map...
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 16, 2026 10:29 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Somerville.