$1,900,000
Active241 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
Estimated payment
$11,139 / month
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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