Homes for sale - 148-150-18 Pearl St, Somerville, MA 02145

Somerville, MA 02145,148-150-18 Pearl St

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Sheena Ruggirello

sheena.ruggirellos@gmail.com +1(860) 222-4734

$1,897,700

Est. payment - /mo

9 Beds

4 Baths

3,115 SqFt

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UPDATED:

10/19/2024 03:13 PM

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,115 sqft

Price per Sqft $609

MLS Listing ID 73270853

Bedrooms 9

Full Baths 4

Year Built 1910

Annual Tax Amount $10,803

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Description

A very unique investment opportunity in the heart of Somerville! 4 units Entrance trough Pearl and Flint St /Estimate 7-8 % cap rate with market value rentals approx $150,000.00 per year.This mixed-use property on Pearl Street and 18 Flint Ave boasts 3 spacious residential units and 1 commercial unit, offering diverse income streams. Located in an up-and-coming area, it?s perfect for investors looking to capitalize on the potential for both fix-and-flip and long-term strategy. Situated on bustling Pearl Street in Somerville, the property is surrounded by new developments, trendy shops, and eateries, enhancing its appeal. Whether you're looking to renovate and sell for a profit or hold for consistent rental income, this property offers flexible investment opportunities. Don't miss out on this rare find in a rapidly developing area. Secure your foothold in Somerville's thriving real estate market today! DELIVER VACANT

Location

State MA

County Middlesex

Zoning RB

Direction McGrath O'Brien Highway to Pearl Street. Unit 18 is located at flint ave

Rooms

Basement Full

Interior

Interior Features Kitchen

Heating Natural Gas, Central

Cooling Central Air

Flooring Tile, Hardwood

Appliance Range, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 2.0

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station

Utilities Available for Gas Range

Waterfront false

Roof Type Wood

Parking Type Paved Drive, Paved

Total Parking Spaces 6

Garage Yes

Building

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Kesher

High Schools High Somerville

Others

Senior Community false

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Listed by Century 21 North East

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Sheena Ruggirello

+1(860) 222-4734

Agent | License ID: CN234452

Agent License ID: CN234452

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148-150-18 Pearl St Somerville, MA 02145

Sheena Ruggirello

Sheena Ruggirello

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Get More Information