4 Family at 148 Pearl, Somerville MA 02145
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$1,599,000

148 Pearl, Somerville MA 02145
Somerville, MA 02145
Listed by John Silk
Bedrooms
9
Bathrooms
4
Living area
3,115 sqft
Year built
1910

About this home

East Somerville mixed-use building ready for it's next owner. Can be held as a rental property to generate monthly income or used as a condo conversion project. Whether an investor, business owner or owner occupant, this building has unlimited potential. Comprised of three (3 beds, 1 bath) units and one commercial unit with a large attached garage. Updated systems throughout. Fix and flip or add to an investment portfolio. The property boasts of 6 off-street parking spaces on the backside of the building. Property will be delivered vacant. Ideal Somerville location; close to shopping, highway access, and restaurants. A+ Somerville location, close to highway access, restaurants, shopping, and more. Spacious units on a tree lined street. The property spans 148-150 Pearl St and 18 Flint Ave. The options are plenty with this building. Savvy investors, developers or owner occupants alike will find value with this property.The parking in the back of the building is truly remarkable. Priced to sell!

Property details

MLS
MLS Property Information Network
MLS #
73492514
Property type
4 Family
Subdivision
N/A
Status
Active
Days on market
211
On market date
March 26, 2026
Stories
4
Total bathrooms
4
Garage spaces
2
Parking spaces
8
Lot size
0.1 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
E Somerville Community
0.13 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
697
Student:teacher ratio
13.7:1
District
Somerville
Middle
Next Wave Junior High
0.15 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
18
Student:teacher ratio
9.0:1
District
Somerville
High
Full Circle High School
0.15 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
52
Student:teacher ratio
5.8:1
District
Somerville

Walkability

Blended score for Somerville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

85
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies10

Market position

How this listing compares to current activity in Somerville, from live MLS data.

On the market 211 days -- 118 more days than Somerville's current average of 93 days.
For reference, the median list price across 940 active listings in Somerville right now is $439,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$9,779/mo
$319,800 down
$1,279,200 loan
Principal & interest$8,297
Property tax (est.)$1,333
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 22 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.