$1,800,000
241 Highland Ave, Somerville, MA
3
Beds
3
Baths
4,247
Square feet
0.07
Acres
This meticulously maintained three-family building boasts a prime location and is fully leased to a vibrant community of young professionals. Additionally, it features coveted retail space on the ground floor, across from Somerville Hospital, offering endless possibilities for entrepreneurial ventures. Key Features: Fully Leased: Enjoy immediate returns on your investment with all three residential units occupied by young professionals. This ensures a steady stream of rental income from day one. Prime Location: Situated in the heart of Somerville, this property benefits from the bustling atmosphere of Highland Ave. With convenient access to public transportation, restaurants, and amenities, it attracts tenants seeking convenience and lifestyle. Retail Space: The first floor presents an exciting opportunity for retail businesses to thrive across from Somerville Hospital. Whether it's a cozy cafe, boutique shop, or professional office, this versatile space offers endless pot
Facts & Features
| MLS® # | 73221310 |
|---|---|
| Price | $1,800,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 4,247 |
| Acres | 0.07 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 3 Family - 3 Units Up/Down |
| Status | Active |
| Taxes | $8,566 |
| Tax Year | 2024 |
Community Information
| Address | 241 Highland Ave |
|---|---|
| City | Somerville |
| County | Middlesex |
| State | MA |
| Zip Code | 02143-1310 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Garage Spaces | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Fireplace | No |
| # of Stories | 9 |
| Basement | No |
Exterior
| Foundation | Concrete Perimeter |
|---|
Additional Information
| Zoning | RC |
|---|---|
| Condo Fees | $0 |
| Units In Complex | 4 |
| Water | Public |
| Sewer | Public Sewer |
Listing Details
| Agent | Junyu Luo |
|---|---|
| Office | Harmony Hill Realty LLC |
| Sub Agent Compensation | 2 |
| Buyer Agent Compensation | 2 |
| Facilitator Compensation | 1 |
| Compensation Based On | Net Sale Price |
| Sub Agency Relationship Offered | Yes |