$1,900,000 ($447.37 per sqft)

Est. Mortgage $9,359/mo *

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241 Highland Ave, Somerville, MA, 02143

241 Highland Ave, Somerville, MA, 02143
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18 rooms

6 beds

4 Full baths

1900

4,247 sqft

Solid mixed-use investment opportunity in the heart of Somerville. 241 Highland Ave features three fully occupied 2-bed/1-bath residential units all on current leases, plus a vacant 2,000 sq. ft. commercial space ready to be built out. The commercial space features high ceiling heights and an unfinished basement offering plenty of additional storage ideal for a range of business uses. The residential units offer hardwood floors throughout, good natural light, and functional layouts with room to add value. Units 1 and 3 feature renovated kitchens. Unit 2 features an updated bathroom. Situated between Magoun Square, Davis Square, and Porter Square with steady foot traffic and strong rental demand. Easy access to the MBTA Red Line and bus routes, with a quick commute into Boston. Street parking only.

Status:

Active

Type:

Multi-family

Units:

4

Zoning:

RC

Heating:

Steam, Natural Gas, Forced Air

Cooling:

None

Basement:

Concrete, Unfinished

Levels:

4

Parking:

Paved Drive

Acreage:

0.07

Est. Taxes:

$8,884

Assessment

$814,300

Construction

Frame, Brick

Amenities:

Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University

Appliances:

Range, Dishwasher, Refrigerator

MLS #:

73513408

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of The Boston One Team, Serhant Rhode Island LLC 617-250-0559