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. Group showings and OH Only. Thurs June 18: 12-1pm, Fri June 19: 12-1pm, OH Sat June 20: 12-1:30pm, Sun June 21: 12-1:30pm.
Features of 237 Highland Ave.
| MLS® # | 73536582 |
|---|---|
| Price | $2,200,000 |
| Acres | 0.08 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 237 Highland Ave. |
|---|---|
| City | Somerville |
| County | Middlesex |
| State | MA |
| Zip Code | 02143-1340 |
Amenities
| Utilities | Public Water, Public Sewer |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | MR3 |
|---|
Listing Details
| Agent | Shane Marrion |
|---|---|
| Office | Benoit Real Estate Group ,LLC |