237 Highland Ave

Somerville, MA, 02143

Multi-Family · MLS #73536580

Price/sqft

$365

Days on market

77 days

Year built

1900

Lot size

0.08 ac

6,020 sq ft

Sq Ft

0.08 acres

Lot

1900

Year Built

Taxes: $28,451 (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.