237 Highland Ave.
Somerville, MA 02143

$2,475,000

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Listing Details

$2,475,000
MLS# 73536582
Type Commercial - Business
Status Active

0.077 acres
Lot Size
1900
Year Built

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Listed By

Agency Name: Benoit Real Estate Group ,LLC
Agent Name: Shane Marrion
Agency Phone: 617-764-5590

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

Home Value Estimate

Description

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...read more

Features

$12,575 Taxes
Built in 1900

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