BEDS6
BATHS4 full 1 partial
SQUARE FEET6,020
MLS#73536580
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.08 Acres
Stories: 3.0
Taxes: $12,575
Year Built: 1900
Feature Descriptions
Building Area Total: 6020
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 38
Dwelling Type: 5-9 Family
Exterior: Frame
Flooring: Wood, Tile
Lot Features: Level
Parcel Number: M:0034 B:000E L:0045,752346
Parking Total: 0
Rooms Total: 13
Sewer: Public Sewer
Units: 6
Utilities: for Gas Range, for Gas Oven
Water: Public
Listed By / Shown By
Listed By
Agency Name: Benoit Real Estate Group ,LLC
Agent Name: Shane Marrion
Agency Phone: 617-764-5590
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 7,278.07 per month $5,508.28 Principal & Interest $1,047.92 Property Tax $721.88 Homeowner's Insurance
237 Highland Ave | MLS# 73536580
This multi-family property located at 237 Highland Ave, Somerville, MA 02143 is currently listed for sale with an asking price of $2,475,000. Search Somerville real estate on www.masiellogrouprealestate.com today.