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250 Highland Ave, Somerville, MA

Somerville · MA 02143

$1,600,000
Price
8
Beds
3
Baths
3429
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1905
Units: 3 Units
Lot size: 4,251 Sq.Ft Lot
Price per square foot: $452 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

Excellent investment opportunity in the prime Somerville Spring Hill neighborhood, next to Davis Square. Condo quality kitchens and baths in all 3 apartments can be found in this well maintained building on a corner lot with rare 4+ parking. High quality tenants are attracted to this hip location just steps to Davis Square and the community bike path, 3 Little Figs, the Armory, Porter Square. Multiple MBTA stops are short distances away including the new Magoun Square Green line & Porter Square Red line stop. Each unit has separate utilities and features gleaming hardwood floors, granite counter-tops, custom hardwood cabinets, and crown molding. Units 1 and 2 have Stainless steel appliances. The basement includes designated storage areas and two sets of coin-op washer/dryers which ultimately pay for the common water reducing your operating expenses. Fully leased with an opportunity for rent increases.

Neighborhood & Transit

Spring Hill

250 Highland Ave, Somerville · MA 02143

Nearby transit

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

  • Magoun Square Green 0.26 mi
  • Porter Red Commuter Rail 1 route 0.48 mi
    • Fitchburg Line

Price Insight

Days on Market:
1285 days
Listing Price:
$1,550,000
Price per Sq.Ft:
$452
Tax Assessment:
$1,184 in 2022
Taxes:
$1,004 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,429 Sq.Ft
Broker Disclosure about Living Area
possibility to add 3rd bedroom to unit 1
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3429
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
4,251 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 Parking Spaces

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 Moving Greater Boston Team
Listing office
Berkshire Hathaway HomeServices Warren Residential
MLS PIN #
73104568
Disclosure
Buyers and buyer's agents to perform due diligence
Disclosure
possibility to add 3rd bedroom to unit 1