115-117 Pearson Road

Somerville, MA 02144

$999,000
Price
7
Beds
3
Baths
3,216 Sq. Ft.
$311 / Sq. Ft.
3,216
Sq. Ft.
$311
per Sq. Ft.

Description

Fantastic location 1 block from Tufts University! Large two-family home with a great rental history. Investors take notice. Great income potential as a rental or condominium conversion project. The first floor unit has 3 bedrooms and an updated bath, kitchen, dining room and living room. The second and third floor make up a four bedroom unit, with 1 full bath and 1 three quarter bath, kitchen, dining room and living room. Great ceiling height. The home has newer gas heating systems and has a slate...Fantastic location 1 block from Tufts University! Large two-family home with a great rental history. Investors take notice. Great income potential as a rental or condominium conversion project. The first floor unit has 3 bedrooms and an updated bath, kitchen, dining room and living room. The second and third floor make up a four bedroom unit, with 1 full bath and 1 three quarter bath, kitchen, dining room and living room. Great ceiling height. The home has newer gas heating systems and has a slate roof. The property will be delivered vacant September 1 or possibly before. Showings only on April 11, 18 and 25 from 9:30-12:30pm by appointment only. Offers will be reviewed on May 1. The Seller will not review offers prior to May 1, 2024. Property is being sold as is. Seller reserves the right to reject any or all Offers.
  1. Listed by Deanna Salemme • Coldwell Banker Realty - Newton

Property Details for 115-117 Pearson Road

Town
Somerville
MLS Area
Tufts University
Area
MA-Somerville-Tufts University, MA-Somerville
Garage Spaces
1
Parking Spaces
2.00
Parking Spaces Total
3

Location

Listing Courtesy of Coldwell Banker Realty - Newton, Deanna Salemme
Add your commute
LISTING UPDATED: 04/20/2024 02:28 PM

Property Details for 115-117 Pearson Road

StatusActive
MLS #73218312
Days on Market29
Taxes$10,481 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1910
CountyMiddlesex County

Location

Listing Courtesy of Coldwell Banker Realty - Newton, Deanna Salemme
Add your commute

Building Information for 115-117 Pearson Road

Stories3Residences2Year Built1910Building Size-Lot Size0.10 AC / 4,539 SF

Payment Calculator

$6,325 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$873

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 115-117 Pearson Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 3216.0
  • Color: Green
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Slate
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Tandem
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Tandem
  • Parking Features: Off-Street, Tandem
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Part of the property is in the town of Medford. Taxes do not include Medford taxes if any. Lot sq footage includes both Somerville and Medford. Some seepage in the basement. Buyer and buyer agents should do their own due diligence and verify all information. Listing Agent is related to Seller.
Tax Information
  • Tax ID: M:18 B:A L:6
  • Assessments: $996,300
  • Book: 20134
  • Tax Year: 2024
  • Zoning: RA
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • GOI: $67,800.00
  • NOI: $67,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $6,650.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 115-117 Pearson Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 115-117 Pearson Road

This home is within Somerville School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Benjamin G. Brown School
PublicK to 5

West Somerville Neighborhood School
PublicPK to 8

Somerville High School
Public9 to 12

John F. Kennedy Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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115-117 Pearson Road is a multi-family home for sale in Somerville, MA 02144. This property was listed for sale on April 1, 2024 by Coldwell Banker Realty - Newton, it's currently listed at $999,000. This listing's school district is Somerville School District. Nearby schools include Benjamin G. Brown School, West Somerville Neighborhood School and Somerville High School. 115-117 Pearson Road is a 7-bed, 3-bath, 3,216 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Newton, Deanna Salemme

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.