
148 Pearl Somerville — Photo 1 of 20
Recent Drop: $100,000
$1,599,000
148 Pearl, Somerville, MA 02145
Somerville, MA 02145 — East Somerville
Beds
9
Baths
4
SqFt
3,115
Style
4 Family
Built
1910
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.The parking in the back of the building is truly remarkable. Priced to sell!
Key facts
It was listed on March 26, 2026. The price has come down from an original $1,749,000 to $1,599,000 across 2 changes, most recently on May 29, 2026. The annual property taxes are $11,500 (2025 tax year). It sits on a 0.1-acre (4,550 sq ft) lot.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$1,599,000
Was $1,699,000
May 29, 2026
MLS® 73492514
$1,699,000
Was $1,749,000
Apr 30, 2026
MLS® 73492514
$1,749,000
Mar 26, 2026
MLS® 73492514
Questions about this home
When was 148 Pearl, Somerville listed?
148 Pearl, Somerville was listed on March 26, 2026.
Has the price of 148 Pearl, Somerville changed?
The price has come down from an original $1,749,000 to $1,599,000 across 2 changes, most recently on May 29, 2026.
What are the property taxes for 148 Pearl, Somerville?
The annual property taxes for 148 Pearl, Somerville are $11,500 (2025 tax year).
How big is the lot at 148 Pearl, Somerville?
148 Pearl, Somerville sits on a 0.1-acre (4,550 sq ft) lot.
What is the status of 148 Pearl, Somerville?
148 Pearl, Somerville is actively listed for sale.
Population
27,495
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$124K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
64.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: John Silk
Listing Office: Engel & Volkers Boston
MLS® Number: 73492514
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