148-150-18 Pearl St
Somerville, Massachusetts 02145, United States

Somerville, Massachusetts 02145, United States
Listed By CENTURY 21 North East

The Home for Sale located at 148-150-18 Pearl St Somerville Massachusetts 02145 with 9 bedrooms, 4 bathrooms is currently for Sale, 148-150-18 Pearl St Somerville Massachusetts 02145 is listed for $1,999,999. If the property located at 148-150-18 Pearl St Somerville Massachusetts 02145 isn't what you're looking for, search Massachusetts Real Estate to see other Homes for Sale in Somerville .

MLS#: 73270853

$1,999,999 USD

Bedrooms
9
Bathrooms
4
Home/Lot size
289m² (3,115ft²)
The details

Property features

Date Updated: Sep 20, 2024

Construction details

Year built
1910
Roofing
wood

Other features

Garages
2

Area

Property size
289m² (3,115ft²)
Land/Lot size
405m² (0.1ac)
Bedrooms
9
Bathrooms
4
Total rooms
13
Cooling system
Air Conditioning
Heating system
Gas

Description

A very unique investment opportunity in the heart of Somerville! 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! Group Showing schedule for next week. Group Showing Friday 4:00-5:30 - Saturday 1:00-2:30.

Location

148-150-18 Pearl St, Somerville, Massachusetts 02145, United States
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Courtesy of Viviane Alvarenga CENTURY 21 North East
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