Views
Address
26 Pearl Street, Somerville, MA
Price
$ 2,500,000
Property Attributes
  • MLS#73210995
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CitySomerville
  • AreaEast Somerville
  • Zip02145
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1920
  • Taxes$ 18390
  • Price$ 2,500,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage5250
  • Lot Size3,920 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Great Opportunity to purchase a sunny, well maintained 6-Unit building in East Somerville on a spacious and private lot near Sullivan Station/Orange Line. Home has been owned by same family for over 50 years and is an Estate Sale Sold "As Is". The warm and inviting well laid out multi-family has a front lobby with wainscoting leading to a charming central staircase with spacious landings. Building has three levels with two units per floor. Five of the six units have four rooms, three are two bedroom units and two are one bedroom units with a bonus room. Sixth Unit is three rooms. All units enjoy a walk-in pantry/closet as well as a composite deck off the kitchen with considerable privacy from neighboring properties. The basement has an outside entrance and is also accessed internally through a shared clean and bright back hall through the kitchen. Rear hallway has a sky-light and new carpeting. Floor Plans Available. Daily Appointments Available.

Price History
3/11/2024 Listed $2,500,000

General Features

Interior Features Ceiling Fan(s),Bathroom With Tub & Shower,Living Room,Kitchen,Dining Room,Office/Den
Sewer Public Sewer
Heating Natural Gas
Utilities for Gas Range,for Gas Oven,Washer Hookup
Roof Rubber
Appliances Range,Refrigerator
Zoning RB
Patio/Porch Features Deck - Composite
Construction Materials Frame
Exclusions Tenants Personal Belongings Including One Washer Machine In Basement.One Washer In Unit 6 In Kitchen
Year Built 1920
Electric Circuit Breakers,60 Amps/Less,100 Amp Service
View City View(s)
Property SubType 5+ Family - 5+ Units Up/Down
Tax Year 2024
Gross Income 84000
Community Features Public Transportation,Shopping,Park,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,T-Station,University
County Middlesex
Net Operating Income 80520
Operating Expense 3480
Property Type Residential Income
Garage Y/N No
Rent Includes Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water)
Total Rooms 21
Status Active
Directions Broadway to Cross Street - Left on Pearl Street - Second to Last Building on Right
City Somerville
Disclosures Seller - (Trust) has No Personal Knowledge of Building or Mechanics. Buyer/Buyer's Agent,Buyer's Attorney responsible for All Due Diligence. Property to be Sold As Is . .Limited Access to Occupied U
View Y/N Yes
Senior Community Y/N No
Total Units 6
MLS Area East Somerville
Lot Size Square Feet 3996
Waterfront Y/N No
Street Name Pearl Street
Year Built Details Actual
Tax Annual Amount 18390
Electric Expense 480
Home Warranty Y/N No
Water Sewer Expense 2400
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1748100
Tax Lot 4
Total Actual Rent 5750
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Flooring Wood,Hardwood
Total Stories 9
Heating Y/N Yes
Window Features Insulated Windows
Fireplace Y/N No
Full Baths 6
Laundry Features Washer Hookup
Total Bedrooms 9
Total Baths 6

Exterior Features

Fencing Fenced/Enclosed,Fenced
Parking Features On Street
Water Source Public
Lot Size Area 0.09
Foundation Details Concrete Perimeter,Stone
Spa No
Building Area Total 5250
Lot Size Acres 0.09
Lot Size Units Acres
Road Frontage Type Public
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02145

Price
AVG $1.71M
$2.5M
Taxes
AVG $11,448
$18,390
Visits
AVG 222
203
Data Provided by Inside Real Estate®
Year Built
AVG 1902
1920

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