$1,675,000

148 Pearl St Somerville, MA 02145

$10,000
Closing credit¹
9 beds
4 full
3,115 sqft
0.10 acres
$538 / sqft
Multi-Family

Property details

About 148 Pearl St

Somerville mixed-use opportunity! ~150K rental income a year! ATTENTION OWNER-OCCUPANTS AND INVESTORS ALIKE!! Don't miss this exceptional investment opportunity in East Somerville! This mixed-use property, strategically located on Pearl Street and 18 Flint Ave, features 3 spacious residential units and 1 commercial unit. With a potential annual rental income of approximately $150,000, this property promises strong returns. The up-and-coming area is surrounded by new developments and popular amenities, making it ideal for both fix-and-flip and long-term rental strategies. The property will be delivered vacant.

Highlights

Home typeMulti Family
StatusActive
(Price Changed)
Size3,115 sqft
BasementYes
Lot size0.1 Acres
Year built1910
ParkingPaved Drive
MLS #73355882
Garage2 spaces

Summary

  • Full Bathrooms: 4
  • Basement: Yes
  • Total Bedroom Count: 9
  • Garage Space: 2 spaces
  • Parking: Paved Drive
  • List Price: $1,675,000
  • Price/SqFt: $537
  • Annual Tax Amount: $10,803
  • Tax Year: 2024
  • Directions: Corner of Pearl and Flint
  • Year Built: 1910
  • Stories: 4
  • Living Area: 3,115 SqFt
  • Lot Size: 0.1 Acres
  • MLS Number: 73355882
  • MLS Name: MLS Property Information Network
  • Office Name: Keller Williams Realty Boston Northwest
  • Office Phone: (617) 497-8900
  • Listing Agent: Santana Team

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2025, 9:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with entry steps

$1,675,000

148 Pearl St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 29, 1990
Home Sold
$77,500

Tax history

YearAssessmentProperty Tax
2024$1,026,900$10,803
2023$1,055,800$10,917
2022$1,023,800$10,422
2021$958,000$9,762
2020$905,100$9,132
2019$767,200$8,255

History based on county public records data.

Nearby schools

4

King Open

Public District PK-5

1.0 mi

850 Cambridge St

5

Kennedy-Longfellow

Public District PK-5

1.1 mi

158 Spring St

8

Cambridgeport

Public District PK-5

1.2 mi

89 Elm St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,597. The majority of Somerville, MA residents have income less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

48%
<35k
35%
35k-100k
16%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
12%
Single, with Kids
17%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
8%
12-17 yrs old
32%
18-34 yrs old
37%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 148 Pearl St in Somerville, MA and zip code 02145 in the East Somerville neighborhood. This 3,115 square foot home, which was built in 1910, sits on a 0.10 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $1,675,000.

Somerville, MA housing market in April 2025 saw over 24 listings sold above listed price, more than 4 sold at listed price and over 13 sold below. The number of homes for sale in Somerville, MA increased by 20.2% between March and April 2025. In April 2025 median list price was $1,100,000 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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