$2,475,000
Active237 Highland Ave
Somerville, MA, 02143
Multi-Family · MLS #73536580
Price/sqft
$411
Days on market
19 days
Year built
1900
Lot size
0.08 ac
6,020 sq ft
Sq Ft
0.08 acres
Lot
1900
Year Built
Taxes: $12,575 (2026)
About this home
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.
Location
237 Highland Ave, Somerville, MA, 02143
Property details
- Road type
- Public
Listed by Shane Marrion · Benoit Real Estate Group ,LLC
Schedule a showing
237 Highland Ave
Estimated payment
$14,594 / month
Loan term
- Principal & interest
- $12,515
- Property tax
- $1,048
- Home insurance
- $1,031
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
Compare