$6,050,000
$6,990,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
281 Highland Ave Somerville, MA 02143
31 Beds
14 Baths
13,000 SqFt
Key Details
Sold Price $6,050,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 13,000 sqft
Price per Sqft $465
MLS Listing ID 73017870
Sold Date 12/01/22
Bedrooms 31
Full Baths 14
Year Built 1900
Annual Tax Amount $26,261
Tax Year 2022
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Not available since 1947, this property represents an extraordinarily rare opportunity to acquire a generational asset located in a transit oriented location of Somerville's bustling Highland Avenue corridor. Comprised of a mix of floorplans and additional basement space totaling 18,750 +/- GSF, the property is sited on ¼ acre and provides garage and open space parking options. Located ½ mile from Davis, Porter and Ball Squares. MBTA Red Line stations at Porter and Davis are 10 minutes by foot. Located 1 mile from Harvard University. An excellent value-add opportunity for investors in an extremely competitive market who may also benefit from future redevelopment of the site.
Location
State MA
County Middlesex
Area Powderhouse
Zoning UR
Direction Google
Rooms
Basement Full, Interior Entry, Concrete, Slab, Unfinished
Exterior
Garage Spaces 7.0
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Roof Type Rubber
Total Parking Spaces 14
Garage Yes
Building
Story 3
Foundation Stone, Granite
Sewer Public Sewer
Water Public
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Team Mariano Smith • Mariano Smith & Co.