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159 Pearl StreetSomerville, MA 02145

For Sale

$1,999,900

Smart Buyer Rebate $10,000

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.

Listed by Kevin Fernandes

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Century 21 Realty Network

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508-965-0360

Last updated May 27, 2026

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Source: MLSPin #73515418

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Somerville
  • Bedrooms15
  • Bathrooms7
  • Days on Prevu38
  • Taxes$17,619/year
  • Size7,500 sqft
  • Price per sqft$267

Amenities

  • Private Outdoor Space
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

05/08/2026
Listed by Century 21 Realty Network
$1,999,900

Property Details for 159 Pearl Street

Association

Amenities

  • Community Features: Public Transportation, Shopping, Medical Facility, House Of Worship, T-Station, Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle, Slate, Rubber
  • Stories: 6
  • Stories Total: 6
  • Window Features: Insulated Windows
  • Year Built: 1900
  • Year Built Details: Approximate,Renovated Since
  • Construction Materials: Frame
  • Exterior Features: Rain Gutters

Features

  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 7,500
  • Building Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.19
  • Lot Size Area: 0
  • Lot Size Square Feet: 8,190
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $58,200.00
  • Operating Expense: $8,702.00

Taxes

  • Parcel Number: M:90 B:G L:34,759890
  • Tax Annual Amount: $17,619.00
  • Tax Assessed Value: $1,614,900.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Refrigerator, Microwave
  • Flooring: Tile, Vinyl, Carpet, Varies, Hardwood
  • Interior Features: Living Room, Dining Room, Kitchen, Family Room

Measurements

  • Living Area: 7,500
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Partially Finished, Interior Entry, Concrete
  • Bathrooms Full: 6
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 15
  • Rooms Total: 28

Parking

Parking

  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Common, Paved
  • Parking Total: 8

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Baseboard, Natural Gas, Central
  • Has Heating: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: For Gas Range, For Electric Range, For Electric Oven, Washer Hookup, Varies Per Unit
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 15 bedrooms and 7 bathrooms in this multi-family home at 159 Pearl Street.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 159 Pearl Street.

What are the annual taxes for 159 Pearl Street?

Annual taxes for this multi-family home are estimated at $17,619.

How does 159 Pearl Street compare to other multi-family homes in East Somerville?

This multi-family home is listed 37% below the average price for multi-family homes in East Somerville and has been on the market for 37 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 7,500 sqft.

159 Pearl Street is a 15-bedroom, 7-bath multi-family home for sale in Somerville MA 02145. Listed on Prevu for 38 days at $1,999,900. This property features 7,500 square feet of living space, located in East Somerville. The median listing price for multi-family homes in this area is $1,189,900. Additional amenities include private outdoor space, air conditioning, and parking. View other multi-family home listings in Somerville.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.