237 Highland Ave, Somerville $2,200,000

Sale Type: For Sale Ft2: 6,020 Lot Size: 3,333 Ref #: 73536580

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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.

Details

Ft2
6,020
Lot Size
3,333
Tax
$28,451
Listing provided courtesy of Shane Marrion, Benoit Real Estate Group ,LLC