aisellshomes.space

$1,900,000

Active

241 Highland Ave

Somerville, MA, 02143

Multi-Family · MLS #73513408

Price/sqft

$447

Days on market

New today

Year built

1900

Lot size

0.07 ac

4,247 sq ft

Sq Ft

0.07 acres

Lot

1900

Year Built

Taxes: $8,884.01 (2025)

About this home

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.

Property details

Road type
Public
Basement
Concrete Floor, Unfinished Basement
Electric
Circuit Breakers

Listed by The Boston ONE Team · Serhant

Schedule a showing

241 Highland Ave

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$11,139 / month

Down payment20% · $380,000
Interest rate6.50%

Loan term

Principal & interest
$9,607
Property tax
$740
Home insurance
$792

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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