148-150-18 Pearl St Somerville, MA 02145
Listing Courtesy of: MLS PIN / Century 21 North East / Viviane Alvarenga

  148-150-18 Pearl St Somerville, MA 02145

Active (96 Days)
$1,897,700
9
BED
4
BATH
3,115
SQFT

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

MLS #:
73270853
Taxes
$10,803(2024)
Lot Size
4,550 SQFT
Type
Multifamily
Year Built
1910
County
Middlesex County

Listed By

Viviane Alvarenga, Century 21 North East
Source
MLS PIN
Last checked Nov 2 2024 at 7:36 AM GMT+0000
Bathroom Details
Interior Features
  • Windows: Picture Window
  • Dryer
  • Washer
  • Refrigerator
  • Range
  • Kitchen
Property Features
  • Fireplace: 0
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Central
  • Natural Gas
  • Central Air
Basement Information
  • Full
Flooring
  • Hardwood
  • Tile
Exterior Features
  • Roof: Wood
Utility Information
  • Utilities: Water: Public, For Gas Range
  • Sewer: Public Sewer
School Information
  • Elementary School: Kesher
  • High School: High Somerville
Garage
  • Garage
Parking
  • Total: 6
  • Paved
  • Paved Drive
Stories
  • 3
Living Area
  • 3,115 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 27, 2024
Price Changed
$1,897,700
-5%
-102,299
Jul 29, 2024
Original Price
$1,999,999
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 North East and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The property listing data and information, or the Images, set forth herein wereprovided 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. © 2024 MLS Property Information Network, Inc.. 11/2/24 00:36