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241 Highland Ave, Somerville, MA, 02143

6beds
4baths
4,247sqft
$1,900,000
$447price/sqft
$11,419/moest. monthly cost
$456,760/yrincome needed

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.

Getting Around

91
WalkingWalker's Paradise
83
TransitExcellent Transit
88
BikeVery Bikeable

Schools

6/10
Somerville High SchoolGrades 9-120.8 mi
8/10
Benjamin G. Brown SchoolGrades K-50.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle,Rubber
  • Construction materials: Frame,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family - 3 Units Up/Down

Interior

Appliances

  • Appliances included: Range,Dishwasher,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Upgraded Cabinets,Upgraded Countertops,Ceiling Fan(s),Storage,Open Floorplan,Living Room,Kitchen
  • Window features: Skylight(s)
  • Flooring: Tile,Hardwood
  • Finished area above ground: 4,247

Heating & Cooling

  • Heating features: Steam,Natural Gas,Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 4,247
  • Total interior livable area: 4,247 sqft

Property

Details

  • Parcel number: M:34 B:E L:47,752348
  • Zoning: RC

Features

  • Patio & porch: Deck - Wood
  • Exterior features: Balcony/Deck

Lot

  • Lot size: 3,236 sqft

Parking

  • Parking features: Paved Drive
  • Has uncovered spaces: Yes