Off Market

241 Highland Ave, Somerville, MA

Somerville · MA 02143

$1,900,000
Price
6
Beds
4
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: $447 / Sq.Ft
Parking: No Parking

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.

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 0.22 mi

Price Insight

Days on Market:
181 days
Listing Price:
$1,900,000
Price per Sq.Ft:
$447
Tax Assessment:
$814,300 in 2025
Taxes:
$740 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
4
Half Bathrooms
0
Living Area
4,247 Sq.Ft
Broker Disclosure about Living Area
Floorplan measurements are for marketing purposes only. Buyers to do their own due diligence.
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
Circuit Breakers

Exterior Features

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

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
The Boston ONE Team
Listing office
Serhant
MLS PIN #
73513408
Disclosure
Commercial space is currently vacant. Units 1 & 2 are on leases until end of August. Unit 3 end of July. Property being sold as-is.
Disclosure
Floorplan measurements are for marketing purposes only. Buyers to do their own due diligence.