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Image 1 - 241 Highland Ave, Somerville, Massachusetts, 02143 - House for sale
Image 2 - 241 Highland Ave, Somerville, Massachusetts, 02143 - House for sale
Image 3 - 241 Highland Ave, Somerville, Massachusetts, 02143 - House for sale
Image 4 - 241 Highland Ave, Somerville, Massachusetts, 02143 - House for sale
Image 5 - 241 Highland Ave, Somerville, Massachusetts, 02143 - House for sale
Image 6 - 241 Highland Ave, Somerville, Massachusetts, 02143 - House for sale
Image 7 - 241 Highland Ave, Somerville, Massachusetts, 02143 - House for sale
Image 8 - 241 Highland Ave, Somerville, Massachusetts, 02143 - House for sale
Image 9 - 241 Highland Ave, Somerville, Massachusetts, 02143 - House for sale
Home For Sale In Somerville, Massachusetts
241 Highland Ave, Somerville, Massachusetts, 02143

Home For Sale In Somerville, Massachusetts

house for sale
Listed: 04/11/24

241 Highland Ave, Somerville, Massachusetts, 02143

3 Bed:
3 Bath:
4,247 Sq Ft Living Area:
Save
Price
$ 1,8M

About This House

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

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Spring Hill Housing & Living

Household Income

Median household income: $84,722
Number of households: 32,453
The average household income in Somerville, MA grew from $78,673 to $84,722 in the past year. This data is an estimate based upon 32,453 households in Somerville, MA.
The chart below presents how household income is distributed in Somerville, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Somerville, MA compared to median property taxes around the country. The prevalent amount of property taxes in Somerville, MA equals $3k+ , which is more than the national average.