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.
- Construction:
- Frame
- Flooring:
- Tile, Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- Unknown
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $411
- Zoning:
- MR3
- No Units:
- 6
- Orig Price:
- $2,475,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Somerville
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02143
- Longitude:
- W72° 53' 27''
- Latitude:
- N42° 23' 27.5''
Residential Income
237 Highland Ave, Somerville, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,475,000
- Bedrooms :
- 6
- Rooms :
- 13
- Total Bathrooms :
- 4.5
- Full Bathrooms :
- 4
- Half Bathrooms :
- 1
- Square Footage :
- 6,020 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.08 Acre
- Listing ID :
- 73536580
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
