148 Pearl Street
$1,897,700
9
4
3,115
3,115
$609
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...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
- Listed by Viviane Alvarenga • Century 21 North East
Property Details for 148 Pearl Street
Town
Somerville
AreaMA-Somerville
Garage Spaces2
Parking Spaces6.00
Parking Spaces Total8
LISTING UPDATED: 10/19/2024 11:13 AM
Property Details for 148 Pearl Street
Status | Active |
---|---|
MLS # | 73270853 |
Days on Market | 99 |
Taxes | $10,803 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 4 Family |
Year Built | 1910 |
County | Middlesex County |
Building Information for 148 Pearl Street
Stories3Residences4Year Built1910Building Size-Lot Size0.10 AC / 4,550 SF
Property Information for 148 Pearl Street
Property History for 148 Pearl Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 148 Pearl Street
Taxable ValueLand$429,300Additions$597,600Total$1,026,900
Tax Record2024$10,803 ($900 / month)
Home Facts
Baths3Total Finished SqFt3,115 SqFtAbove Grade Finished SqFt3,115 SqFtStories2Lot Size4,550 SqFtStyleTriplexYear Built1910ZoningRBCountyMIDDLESEXAPNSOME M:92 B:B L:6
Schools near 148 Pearl Street
This home is within Somerville School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
E Somerville Community PublicPK to 8 | ||
Somerville High School Public9 to 12 | ||
Next Wave Junior High School Public7 to 8 | ||
Full Circle High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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