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26 Pearson Ave., Somerville, MA 02144
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$1,425,000
3 Unit
5 Beds
3 Baths
2902 SQFT
0.08 Acre

Property Description

Add an investment property to your holiday gift list! 26 Pearson Ave. has been lovingly cared for over the last 24 years and is advantageously equidistant from two major T Stops - 0.4 miles from both Davis Sq. (Red Line) and Ball Sq. (Green Line). Registered and assessed as a 3-family with the city of Somerville, the second and third floor are currently utilized as a single bi-level unit, with an additional apartment on the first floor. However, with separately metered gas and electrical on each level (along with a public gas and electric meter), the home offers a diverse range of use for a variety of buyers. Investors can generate three (3) 2 bed, 1 bath units with minimal reconfiguration, or owner-occupants can maintain the existing layout and live in an expansive bi-level dwelling with a secondary unit to offset their mortgage. In either scenario, the open concept floorplans, gleaming hardwood floors, front/back decks and original period details make for an incredible opportunity.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Total Fireplaces: 1
  • Amenities: Bike Path, Highway Access, House of Worship, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Walk Out

Financial

  • APOD Available: No

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73316883
  • Last Updated: 12/18/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/18/2024Under Agreement$1,425,000$491MLSPIN
12/12/2024Contingent$1,425,000$491MLSPIN
12/07/2024Active$1,425,000$491MLSPIN
12/03/2024New$1,425,000$491MLSPIN

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Seller's Representative: Joe Danisch, Coelho Realty Group LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-12-18 11:28:00

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