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INVESTMENT SNAPSHOT
About this property
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. Priced to sell!
Property details
| Units | 4 |
| Living area | 3,115 sqft |
| Lot size | 4,550 sqft |
| Year built | 1910 |
| Price / sqft | $513 |
| County | Middlesex |
| MLS # | 73492514 |
Listing status
| Days on market | 68 days |
| Listed on | March 26, 2026 |
Taxes & financials
| Annual property tax | $11,500 |
| Tax year | 2025 |
| Assessed value | $1,054,100 |
| Zoning | RB |
| Total actual rent | $0/mo |
Building & lot
| Stories | 4 |
| Total rooms | 18 |
| Lot size | 0.1 acres |
| Garage spaces | 2 |
| Parking spaces | 8 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Unfinished |
| Foundation | Concrete Perimeter |
| Roof | Shingle, Rubber |
| Flooring | Wood, Tile, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Engel & Volkers Boston — John Silk. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 148 Pearl, Somerville MA 02145 have?
It is a 4-unit multi-family property with 3,115 sqft of living area, built in 1910.
How long has 148 Pearl, Somerville MA 02145 been on the market?
148 Pearl, Somerville MA 02145 has been listed for 68 days (since March 26, 2026).
What is the estimated cap rate on this 4-family in Somerville?
Based on area median rents, the estimated cap rate is about 6.0%, with a Signal Score of 94/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,599,000 across 4 units, that works out to roughly $399,750 per unit.
What are the property taxes on 148 Pearl, Somerville MA 02145?
Annual property taxes are $11,500 (2025), on an assessed value of $1,054,100.
What is the price per square foot?
At $1,599,000 for 3,115 sqft, that's about $513 per square foot.
Is there parking?
2 garage spaces and 8 total parking spaces (paved drive, off street, paved).
Where is this property located?
148 Pearl, Somerville MA 02145 is in Somerville, Middlesex County, MA 02145.
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