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
Property Details
Price:
$1,790,000
MLS #:
73221310
Status:
Active
Beds:
3
Baths:
3
Address:
241 Highland Ave
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Somerville
Listed Date:
Apr 8, 2024
State:
MA
Finished Sq Ft:
4,247
ZIP:
02143
Lot Size:
3,236 sqft / 0.07 acres (approx)
Year Built:
1900
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Schools
Interior
Bathrooms
3 Full Bathrooms
Heating
Natural Gas
Exterior
Parking Spots
1
Financial
Buyer Agent Compensation
2%
Tax Year
2024
Taxes
$8,566
Map
Community
- Address241 Highland Ave Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02143
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Courtesy of Z. Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
241 Highland Ave
Somerville, MA
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