Off Market

241 Highland Ave, Somerville, MA

Somerville · MA 02143

$1,790,000
Price
5
Beds
3
Baths
4247
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 3,236 Sq.Ft Lot
Price per square foot: $421 / Sq.Ft
Parking: 1 Off Street Space

About this home

This meticulously maintained three-family building boasts a prime location and is fully leased to a vibrant community of young professionals. Additionally, it features coveted retail space on the ground floor, across from Somerville Hospital, offering endless possibilities for entrepreneurial ventures. Key Features: Fully Leased: Enjoy immediate returns on your investment with all three residential units occupied by young professionals. This ensures a steady stream of rental income from day one. Prime Location: Situated in the heart of Somerville, this property benefits from the bustling atmosphere of Highland Ave. With convenient access to public transportation, restaurants, and amenities, it attracts tenants seeking convenience and lifestyle. RETAIL SPACE: The first floor presents an exciting opportunity for retail businesses to thrive across from Somerville Hospital. Whether it's a cozy cafe, boutique shop, or professional office, this versatile space offers endless pot

Neighborhood & Transit

241 Highland Ave, Somerville · MA 02143

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Magoun Square Green 0.23 mi

Price Insight

Days on Market:
939 days
Listing Price:
$1,790,000
Price per Sq.Ft:
$421
Tax Assessment:
$814,300 in 2024
Taxes:
$714 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
3
Half Bathrooms
0
Living Area
4,247 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4247
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
3,236 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Lucy Luo
Listing office
Harmony Hill Realty LLC
MLS PIN #
73221310
Disclosure
Seller hired contractor to renovation the retail space to be leased. Seller prefer credit to the buyer for a quick sale.