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.
Open House: June 19th 12:00-1:00pm
| MLS Listing ID: | 73536580 |
|---|---|
| Listing Price: | $2,475,000 |
| Listing Status: | New [?] |
| Property Type: | Multi Family |
| Bedrooms: | 6 |
| Full Baths: | 4 |
| Half Baths: | 1 |
| Living Space: | 6020 sf. |
| Lot Size: | 0.08 acres (3333 sf.) |
| Parking: | - |
| Taxes: | $12,575.00 |
| Tax Year: | 2026 |
Listing Current as of June 18, 2026 6:00pm
This listing brought to you by Shane Marrion of Benoit Real Estate Group ,LLC.
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