Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

148-150-18 Pearl St

East Somerville - Somerville, MA ID #73270853

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148-150-18 Pearl St

East Somerville - Somerville, MA ID #73270853

Property Description

Prime 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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 4 Family
  • Area: East Somerville
  • Zip Code: 02145
  • Taxes: 10,803
  • Living Levels: 3
  • Acres: 0.10

Parking

  • Garage: 2
  • Garage Capacity: 2
  • Parking: Paved Drive, Paved
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 3
  • Total Rooms: 18

Location

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Content © 2024 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Viviane Alvarenga of Century 21 North East. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.