237 Highland Avenue

Somerville MA 02143

6020 sq. ft.

3333 sq. ft.

Other

Currently for sale - view listing

Overview

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.

Features

6 bedrooms

5 bathrooms

6020 sq. ft. floor area

3333 sq. ft. lot size

Other

Property history for 237 Highland Avenue

2016

Sold

$1,435,200

25 Aug 2016 by Lorrie Gould, of REMAX Leading Edge | Canton

1997

Sold

$260,000

26 Jun 1997 by Tom Lee, of Era Andrew Realty

Happy sellers in Somerville

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