371 Highland Ave

Somerville, MA, 02144

Land · MLS #73436531

Days on market

New today

0.00 acres

Lot

About this home

Presenting 371 Highland Avenue - LOCATION, LOCATION, LOCATION...a fully approved development site in Davis Square, Somerville. This 30,050 GSF project, approved for 23 units and 13 below-grade parking spaces, is ready for immediate construction.All necessary permits are secured, demolition is complete, and the site has a clean 21E. Comprehensive construction plans are available for your review. Located steps from the Vibrant Davis Square MBTA station (Green and Red lines), this property offers excellent access to nearby colleges, restaurants, shops, and nightlife. It presents a prime opportunity to develop either condominiums or rental properties, addressing the strong housing demand in this highly sought-after area.

Property details

Road type: Public
Electric: 220 Volts

Listed by Jack Lister · Berkshire Hathaway HomeServices Verani Realty

Schedule a showing

371 Highland Ave

Estimated payment

$32,334 / month

Down payment20% · $999,000

Interest rate6.50%

Loan term

Principal & interest: $25,257
Property tax: $4,995
Home insurance: $2,081

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).