Price Reduced 0.56%

$1,790,000 ($421.47 per sqft)

Est. Mortgage $9,527/mo *

Quick Pre-Approval

241 Highland Ave, Somerville, MA, 02143

241 Highland Ave, Somerville, MA, 02143

18 rooms

3 beds

3 Full baths

1900

4,247 sqft

This meticulously maintained three-family building boasts a prime location and is fully leased to a vibrant community of young professionals. Additionally, it features coveted retail space on the ground floor, across from Somerville Hospital, offering endless possibilities for entrepreneurial ventures. Key Features: Fully Leased: Enjoy immediate returns on your investment with all three residential units occupied by young professionals. This ensures a steady stream of rental income from day one. Prime Location: Situated in the heart of Somerville, this property benefits from the bustling atmosphere of Highland Ave. With convenient access to public transportation, restaurants, and amenities, it attracts tenants seeking convenience and lifestyle. Retail Space: The first floor presents an exciting opportunity for retail businesses to thrive across from Somerville Hospital. Whether it's a cozy cafe, boutique shop, or professional office, this versatile space offers endless pot


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

RC

Garage:

1-car

Heating:

Natural Gas

Levels:

9

Parking:

1-car

Acreage:

0.07

Est. Taxes:

$8,566

Assessment

$814,300

MLS #:

73221310

Buyer Agent Compensation:

2

Sub Agent Compensation:

2

Facilitator Compensation:

1

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

Yes


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Junyu Luo, Harmony Hill Realty LLC Phone: 857-919-3575