HomeSomervilleMulti Family232 Pearl St, Somerville MA 02145
232 Pearl St, Somerville MA 02145 — photo 1 of 391 / 39
$1,099,000
232 Pearl St, Somerville MA 02145
2 units · 4 bd · 3 ba · 1,952 sqft · $549,500/unit
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INVESTMENT SNAPSHOT

Signal Score78 / 100
Est. Cap Rate4.4%
GRM14.8
Gross Scheduled Income$74,408/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Welcome to 232 Pearl street Somerville MA. Don’t miss the opportunity to own a fantastic Two-Family Home located close to Magoun Square and just steps from the new Green Line, dinning, bars and bike path. First floor (Unit 1) has 3 rooms, 1 bedroom, 1 bathroom, living room and Kitchen. Second floor (Unit 2) has 6 rooms 3 bedrooms, 1 bathroom, kitchen, dining and living room. Off-street parking for 3 cars.

Property details

Units2
Living area1,952 sqft
Lot size2,380 sqft
Year built1905
Price / sqft$563
CountyMiddlesex
MLS #73410452

Listing status

Days on market121 days
Listed onJuly 28, 2025

Taxes & financials

Annual property tax$7,924
Tax year2025
Assessed value$726,300
ZoningBA
Gross income (actual)$61,200/yr
Net operating income (actual)$61,200/yr
Total actual rent$5,100/mo

Building & lot

Stories3
Total rooms9
Lot size0.05 acres
Garage spaces0
Parking spaces3
ParkingPaved Drive, Off Street
BasementWalk-Out Access
FoundationBlock
RoofShingle
ConstructionBlock
FlooringWood

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in Somerville

Listing courtesy of Cameron Real Estate Group — Arlindo Neto. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 232 Pearl St, Somerville MA 02145 have?

It is a 2-unit multi-family property with 1,952 sqft of living area, built in 1905.

How long has 232 Pearl St, Somerville MA 02145 been on the market?

232 Pearl St, Somerville MA 02145 has been listed for 121 days (since July 28, 2025).

What is the estimated cap rate on this 2-family in Somerville?

Based on area median rents, the estimated cap rate is about 4.4%, with a Signal Score of 78/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $1,099,000 across 2 units, that works out to roughly $549,500 per unit.

What are the property taxes on 232 Pearl St, Somerville MA 02145?

Annual property taxes are $7,924 (2025), on an assessed value of $726,300.

What is the price per square foot?

At $1,099,000 for 1,952 sqft, that's about $563 per square foot.

Is there parking?

3 total parking spaces (paved drive, off street).

Where is this property located?

232 Pearl St, Somerville MA 02145 is in Somerville, Middlesex County, MA 02145.

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