241 Highland Ave
$1,790,000
5
Beds
3
Baths
4,247
Sqft
- Request Info
- Call
- Save
-
More
- Mortgage Calculator
Property Tools
$1,790,000
5
Beds
3
Baths
4,247
Living Area
-
Property Description
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
-
Highlights
- Heating: Natural Gas
- Property Class: Residential Income
- Total Rooms: 18
- Status: Active
- Parking Spots: 1
- Property Type: 3 Family - 3 Units Up/Down
- Year Built: 1900
-
Additional Details
- Foundation: Concrete Perimeter
- Year Built Details: Actual
- Zoning: Rc
- Total Number of Units: 4
- Year Built Source: Public Records
-
Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $814,300
- Compensation Based On: Net Sale Price
- Sub Agent Compensation: 2%
- Tax Year: 2024
- Total Rent: $13,200
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Sub-Agency Relationship Offered: Yes
- Taxes: $8,566
Similar Listings
Content © 2024 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Harmony Hill Realty LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.