23
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$2,475,000
Est. payment /mo
6 Beds
4.5 Baths
6,020 SqFt
Open Sat 12PM-1:30PM
237 Highland Ave Somerville, MA 02143
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Open House
Sat Jun 20, 12:00pm - 1:30pm
Sun Jun 21, 12:00pm - 1:30pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,020 sqft
Price per Sqft $411
MLS Listing ID 73536580
Bedrooms 6
Full Baths 4
Half Baths 1
Year Built 1900
Annual Tax Amount $12,575
Tax Year 2026
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type 5-9 Family
Property Description
Offered for sale, 237 Highland Avenue presents a rare mixed-use investment opportunity in Somerville's desirable Spring Hill neighborhood, conveniently located close to Davis Square and Porter Square. The property comprises 8,176 square feet (gross area) and includes two street-level commercial storefronts (currently occupied by a nail salon and tailor) along with four residential units consisting of two one-bedroom apartments, one studio apartment, and one four-bedroom apartment. All residential units are leased through August 2027, providing stable income. The property benefits from a strong rent roll and a highly accessible location with convenient access to Route 93, Boston, Cambridge, and public transportation. A compelling opportunity for investors seeking a well-located, income-producing asset in one of Somerville's most sought-after neighborhoods. Group showings and OH Only. Thurs June 18: 12-1pm, Fri June 19: 12-1pm, OH Sat June 20: 12-1:30pm, Sun June 21: 12-1:30pm.
Location
State MA
County Middlesex
Zoning MR3
Direction GPS
Interior
Flooring Wood, Tile
Exterior
Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access
Utilities Available for Gas Range, for Gas Oven
Garage No
Building
Lot Description Level
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Benoit Real Estate Group ,LLC
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