1 / 30$1,900,000
Active241 Highland Ave
Somerville, MA 02143
Listed by The Boston ONE Team at Serhant
Listing courtesy of The Boston ONE Team, Serhant
About This Property
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.
Property Details
Key Facts
Property Type
Multi Family
Year Built
1900
Living Area
4,247 sqft
Lot Size
3,236 sqft
Construction
Basement
Full Basement
Financial
Taxes (2025)
$8,884/yr
Price / Sqft
$447/sqft
MLS #
73513408
Days on Market
12
Sarina Steinmetz
617.610.0207Price History
Listed
May 12, 2026
$1,900,000
No price changes recorded.
Explore the Neighborhood
Schools, market data, and local highlights
View Walk Score & Transit Score →Schools Nearby
Somerville Public Schools
11 schools · 11:1 student-teacher ratio
Elementary Schools
High Schools
Ratings from GreatSchools & Niche
Full school details →Listing information provided by MLS Property Information Network, Inc. (MLS PIN). Data last updated May 24, 2026. Information deemed reliable but not guaranteed. © 2026 Steinmetz Real Estate Professionals at William Raveis Real Estate. Equal Housing Opportunity.