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Melanie Gundersheim

melanie@gundersheimgroup.com +1(617) 997-8272

$ 1,900,000

Est. payment | -/mo

6 Beds

4 Baths

4,247 SqFt

Save

$ 1,900,000

Est. payment | -/mo

Save

6 Beds

4 Baths

4,247 SqFt

Open House

Sat May 09, 1:00pm - 2:30pm

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,247 sqft

Price per Sqft $447

MLS Listing ID 73513408

Bedrooms 6

Full Baths 4

Year Built 1900

Annual Tax Amount $8,884

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

Solid mixed-use investment opportunity in the heart of Somerville. 241 Highland Ave features three fully occupied 2-bed/1-bath residential units all on current leases, plus a vacant 2,000 sq. ft. commercial space ready to be built out. The commercial space features high ceiling heights and an unfinished basement offering plenty of additional storage ideal for a range of business uses. The residential units offer hardwood floors throughout, good natural light, and functional layouts with room to add value. Units 1 and 3 feature renovated kitchens. Unit 2 features an updated bathroom. Situated between Magoun Square, Davis Square, and Porter Square with steady foot traffic and strong rental demand. Easy access to the MBTA Red Line and bus routes, with a quick commute into Boston. Street parking only.

Location

State MA

County Middlesex

Zoning RC

Direction GPS

Rooms

Basement Concrete, Unfinished

Interior

Interior Features Upgraded Cabinets, Upgraded Countertops, Ceiling Fan(s), Storage, Open Floorplan, Living Room, Kitchen

Heating Steam, Natural Gas, Forced Air

Cooling None

Flooring Tile, Hardwood

Appliance Range, Dishwasher, Refrigerator

Exterior

Exterior Feature Balcony/Deck

Community Features Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University

Roof Type Shingle,Rubber

Garage No

Building

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Serhant

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(617) 997-8272

melanie@gundersheimgroup.com

10 Lincoln St, Newton, MA, 02461, United States

241 Highland Ave Somerville, MA 02143