About 237 Highland Ave
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.
Features of 237 Highland Ave
| MLS® # | 73536580 |
|---|---|
| Price | $2,200,000 |
| Bedrooms | 6 |
| Bathrooms | 4.50 |
| Full Baths | 4 |
| Half Baths | 1 |
| Square Footage | 6,020 |
| Acres | 0.08 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active |
Community Information
| Address | 237 Highland Ave |
|---|---|
| City | Somerville |
| County | Middlesex |
| State | MA |
| Zip Code | 02143-1340 |
Amenities
| Utilities | for Gas Range, for Gas Oven |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Stories | 3 |
Exterior
| Lot Description | Level |
|---|---|
| Construction | Frame |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | MR3 |
|---|
Listing Details
| Agent | Shane Marrion |
|---|---|
| Office | Benoit Real Estate Group ,LLC |