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INVESTMENT SNAPSHOT
About this property
Whether you're looking to invest, renovate, or expand your real estate portfolio, this MR4-zoned two-family property presents exciting possibilities in one of Somerville’s desirable neighborhoods! Ideally situated in Gilman Square, just moments from the Green Line, this property offers convenience, potential, and plenty of charm.Both units feature hardwood floors throughout and charming kitchens, along with off-street parking. Enjoy the outdoor spaces, including a private patio with a beautiful grapevine canopy—perfect for entertaining—a welcoming front yard with plenty of room for gardening, and a ROOF DECK! Additional amenities include coin-operated washer and a none coin op dryer as well as a bonus bathroom in the basement. Unit 2 features a newer hot water tank, while the age of Unit 1’s tank is unknown.Conveniently located near the Green Line, neighborhood amenities, and everything Lower Broadway has to offer, this property is full of potential and ready for its next chapter. Bring your vision and explore the possibilities!
Property details
| Units | 2 |
| Living area | 1,932 sqft |
| Lot size | 2,380 sqft |
| Year built | 1905 |
| Price / sqft | $502 |
| County | Middlesex |
| MLS # | 73599493 |
Listing status
| Days on market | 0 days |
| Listed on | November 5, 2026 |
Taxes & financials
| Annual property tax | $10,485 |
| Tax year | 2026 |
| Assessed value | $930,100 |
| Zoning | MR4 |
| Gross income (actual) | $28,800/yr |
| Net operating income (actual) | $28,800/yr |
| Total actual rent | $6,500/mo |
Building & lot
| Stories | 3 |
| Total rooms | 12 |
| Lot size | 0.05 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Off Street, Tandem |
| Basement | Partially Finished |
| Foundation | Block, Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Hardwood, Tile |
Utilities & systems
| Heating | Baseboard, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator, Dishwasher |
Location
More about investing in Somerville →
Listing courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate — Salvatore Brett Sillari. Listing data © MLS PIN.
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Questions & answers
Answered from the listing data and public map data.
How many units does 234 Pearl Street, Somerville MA 02145 have?
It is a 2-unit multi-family property with 1,932 sqft of living area, built in 1905.
How long has 234 Pearl Street, Somerville MA 02145 been on the market?
234 Pearl Street, Somerville MA 02145 has been listed for 0 days (since November 5, 2026).
What is the price per unit?
At a list price of $970,000 across 2 units, that works out to roughly $485,000 per unit.
What are the property taxes on 234 Pearl Street, Somerville MA 02145?
Annual property taxes are $10,485 (2026), on an assessed value of $930,100.
What is the price per square foot?
At $970,000 for 1,932 sqft, that's about $502 per square foot.
Is there parking?
2 total parking spaces (off street, tandem).
Where is this property located?
234 Pearl Street, Somerville MA 02145 is in Somerville, Middlesex County, MA 02145.
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