Active
192 Days on market
148 Pearl Somerville — Photo 1 of 20

148 Pearl Somerville — Photo 1 of 20

Recent Drop: $100,000

$1,699,000
$1,599,000

$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

This Property
Size (SqFt) →Price →
This Property$513/sqft
Local Avg (Somerville)$532/sqft
4% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.

Property Details

Financials

Original Price$1,749,000
Annual Taxes$11,500

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms18
FireplacesNone
FlooringWood, Tile, Hardwood
BasementUnfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle, Rubber
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.1
SqFt Lot4,550
Lot Features--

Geography

Property History

Price Drop
$1,599,000

Was $1,699,000

May 29, 2026

MLS® 73492514

Price Drop
$1,699,000

Was $1,749,000

Apr 30, 2026

MLS® 73492514

Listed
$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 Provided By

Listing Agent: John Silk

Listing Office: Engel & Volkers Boston

MLS® Number: 73492514