148-150-18 Pearl St Somerville, Massachusetts 02145, United States
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)
Property features
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.